Marine Warranty Surveyor interaction with

other Parties

19th May 2014

Bruce Grant

Aon UK Limited is authorised and regulated by the Financial Conduct Authority

Aon Power & Offshore Wind

2
Setting the Parameters

Considerations:

 Crown Estate Lease

 Permits and Licenses – how many?
 Seasonal Limitations and other restrictions
 Contracts
 Insurance
 Appointment of Marine Warranty Surveyor
 Financial Close = GO

3
Contractual Parties

Developer’s
Contracts

4
Insurance to Warranty Surveyor

Selection of insurers through

Appointment of MWS
competitive pricing / MWS Scope of Works
from panel
product exercise

Benefit of insurance passed through principal to contractors

5
Insurance to Warranty Surveyor

6
Relationships between parties

Broker

MWS Contractor
Owner

Insurer Owner’s
Rep

7
Code of Practice between parties – Roles and Responsibilities

Warranty Owner‘s
Owner/Principal Insurer Contractors
Surveyor Representative

 Procure  Take risk  Advise best  Deliver on  Act in place of

insurance on from balance insdustry time & the owner as
behalf of all sheet practice / budget supervisor to
parties  Instruct standards  Work safely contractors
 Pass benefit of owner/MWS  Issuance of in  Ensure there is
insurance in scope of Certificates of accordance no breach of a
excess works Approval with the Certificate of
deductibles to MWS‘s Approval
contractors issued
Certificates
of Approval

8
The Dreaded Breach of Warranty

What constitutes a breach of warranty?

How to prevent a breach from occurring?

The best projects plan early!

9
Contact Details

Bruce Grant
Broker
Aon Risk Solutions
Power I Renewable Energy
+44 (0) 207 086 0813
bruce.grant@aon.co.uk

10