UN secures insurance cover for FSO Safer operations
The insurance package required to move ahead with the operations has required over 100 individual underwriter to spread the risks across 13 different underwriting entities in the Lloyd’s of London, non-Lloyd’s London insurers and P&I markets
Fidelis MGU has been appointed lead underwriter in a complicated cover for the UN-led operation to safely remove oil from the decaying FSO Safer off the coast of Yemen