Subsea

The recent growth in subsea activity in the world's oceans and waterways falls broadly into four categories: 

• Surveys of the water column, seafloor and strata below the seabed by use of towed or static equipment. 
• Construction, operation and maintenance of subsea installations using equipment that can be manned or unmanned, autonomous or remotely operated. 
• Recreational or scientific activity using manned vehicles or data recording devices. 
• Generation of renewable energy by way of tide or wave machines. 

The range of equipment and vessels now at work in the subsea environment is considerable and Beazley Leviathan currently underwrites equipment and hulls involved in all of the above activities, both for the subsea and surface elements, whilst: 

• Being deployed and recovered 
• Operating 
• On board vessels or rigs 
• In transit to and from operations, by road, rail, air or sea 
• At home base 
• During maintenance 
• In storage. 

Thus providing seamless and comprehensive insurance cover. 

Beazley Leviathan has pioneered the emergence of the subsea equipment insurance market. As the subsea industry has itself grown, we continue to offer bespoke and responsive cover that reflects the unique and evolving needs of the sector. Including:  

• Following many years of a close working partnership, Leviathan became part of the Beazley Group in 2016 bringing with it additional security and access to greater resources 
• In-house claims management with dedicated expertise  
• Easier access to underwriters through a larger team which is available both “at the box” and in the office  
• International network of Beazley offices  
• Complementary lines of cover underwritten by Beazley