Advantages of Discretionary Mutuals Over Higher Excesses and Self-Insurance
Retaining and funding risk within a mutual framework presents several distinct advantages over opting for higher excesses on commercial insurance ...
We are delighted that this week sees the publication in Wind Energy Network of the second of a series of articles by Prospect Law on managing risk in offshore wind and what is an effective risk management tool.
The development of offshore wind forms a major part of the Government’s program to reduce carbon emissions. It is however a complex area and in our articles we share some of our thoughts on how to make it as profitable as possible through the careful management of risk.
For the second article in the series please click here and find our article on page 38.


Mark Tetley has wide experience gained from senior positions across the London insurance market as both an underwriter and a broker, in a variety of sectors.
Prospect Law is a multi-disciplinary practice with specialist expertise in the energy and environmental sectors with particular experience in the low carbon energy sector. The firm is made up of lawyers, engineers, surveyors and finance experts.
This article remains the copyright property of Prospect Law Ltd and neither the article nor any part of it may be published or copied without the prior written permission of the directors of Prospect Law.
This article is not intended to constitute legal or other professional advice and it should not be relied on in any way.
Prospect is a multi-disciplinary practice with specialist expertise in the energy and environmental sectors with particular experience in the low carbon energy sector. The firm is made up of lawyers, engineers, insurance and risk management specialists, and finance experts.
This article remains the copyright property of Prospect Law Ltd and neither the article nor any part of it may be published or copied without the prior written permission of the directors of Prospect Law.
This article is not intended to constitute legal or other professional advice and it should not be relied on in any way.
Further Reading
Retaining and funding risk within a mutual framework presents several distinct advantages over opting for higher excesses on commercial insurance ...
Discover the pros and cons of a Group Company Discretionary Mutual versus a Captive Insurance Company in our latest blog. ...
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