Risk Assessment
Surveys carry out an assessment of the risk associated with the vessel, considering various factors such as the condition of the vessel, its use, historical safety, and other risk factors.
Compliance Check
Inspectors check whether the vessel complies with the safety requirements established by insurance companies and regulatory authorities.
Maintenance and condition check
Inspectors check the condition of the vessel and its systems, including the engine, hull, safety equipment, and other systems.
Safety History Analysis
Inspectors analyze the vessel’s safety history, including accidents and events that may have occurred in the past.
The insurance company can then make decisions about the coverage to provide, the terms and conditions of the insurance, and the insurance rates.