Offshore Emergency Medical Flights: The Hidden Risk Vendors Can No Longer Afford to Ignore
The poll tells a story. When we asked the offshore community what challenges vendors face when operators fail to pay invoices for emergency medical flights, the response was overwhelming: This is not a marginal issue. It is a systemic challenge that is impacting the financial health of service contractors, disrupting operations, and putting workers and […]
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 […]
