INSURANCE SURVEYS
An Insurance Survey is most commonly required prior to purchase or for insurance purposes.
This involves a detailed examination of the vessel to identify defects with emphasis on the safety of the vessel allowing underwriters to assess the level of risk involved in insuring the vessel.
The resulting report will record defects with recommendations for rectification of any issues found and if appropriate any further investigation required. Minor cosmetic defects will not be reported. Recommendations are assigned a timescale for their completion.
We are unusual in being able to bring into play both Naval Architect and Marine Surveyor skill sets during a survey. This gives an appreciation of technical and design-related issues which might not be recognised without that additional Naval Architecture qualification and experience.
We aim to issue reports as soon as possible following completion of a survey and will do our utmost to meet our client’s particular timescale requirements.
We have surveyed many vessels of most types of construction over the years. As a qualified Naval Architects we have additional detailed knowledge which often proves invaluable in assessing damage and defects.
For metal vessels or where metal structure is present whose thickness may be reduced by corrosion, an Ultrasonic Thickness Measurement survey (“UTM” survey) may be requested.
Additional services, for example collecting machinery oil samples, arranging analysis and assessing the results can be provided, as well as a valuation.
Condition surveys of limited scope can be undertaken if required, for instance a bottom external survey or structure-only survey.
We can bring to bear a wide variety of tools and equipment to aid examination and assessment of vessels as appropriate to their construction.