WAIVER OFSUBROGATION
eNergy360 is designed to provide contractors with an easy way to buy Offshore Insurance cover. This includes Employers Liability, Public Liability and Professional Indemnity insurance.
Subrogation is the right of the insurer to attempt to recover the costs of a claim it paid out when another party should have been responsible for paying at least a portion of that claim.
Having a Waiver of Subrogation clause attached to your policy would prevent your insurer from doing this, and is likely to be a requirement of your contract if you are working in the energy industry, particularly offshore.
Policies purchased through eNergy360 automatically include this extension, at no extra charge.
