Navigating Offshore Risk: The Evolving Role of Medical Evacuation Costs in Master Service Agreements
As we and Lloyd’s of London mark one year of issuing policies, numerous discussions have taken place with operators, brokers, contractors, and policyholders regarding a critical shift in contractual language within Master Service Agreements (MSAs) between operators and their contractors. Increasingly, we see amendments to MSAs that now include clauses requiring contractors to bear financial […]
