Safeguard offshore platforms - Simple techniques can provide better security for offshore drilling and production platforms

摘要

Terrorism has become the four-letter word of the insurance industry today. In the past, most companies working overseas didn't lend much credence to threats of terrorism. Risk managers weighed the low probability of an attack against the insurance settlement if such an attack occurred. Barring the human cost, the property would be replaced. The worst aspect was the loss of production. Today, this is no longer the case. Insurance companies are charging far more for insurance on high-threat targets. A terrorist incident against a company's facility now could mean an astronomical rise in the insurance rate. Much more than in the past, companies are going to have to be more involved in the reduction of risk for their assets.