UIB ENERGY UPSTREAM & DOWNSTREAM / POWER GENERATION

The UIB Energy division provides insurance placement services in all areas of Upstream and Downstream Energy activities. We also provide Risk management services through our dedicated engineering team, Engineering Risk Consultants (ERC).

Our success has developed through gaining a strong understanding of our clients’ requirements and an understanding of all aspects of their business.

Throughout the team we have experience in broking, underwriting and risk engineering, which ensures that we have the expertise required to identify the risks of our clients’ business and provide all insurance solutions.

WHY UIB ENERGY

Customer centric
The Energy division works closely with clients to dispense relevant and up-to-the-minute advice on energy insurance developments globally and offer the highest levels of personal service available from a dedicated team who understand the complexity and requirements of upstream operating risks.
Long-standing relationships
The Energy team thrives on establishing mutually beneficial rapports where we can bring our unique expertise in meeting clients’ distinct challenges and in placing business with highly competitive pricing and terms.

Market knowledge
UIB has developed close market relationship with all key carriers along with excellent understanding of market practice and regulatory requirements, particularly in challenging countries and especially where U.S. sanctions are enforced.

Tailor-made approach
The Energy division combines its broking, marketing, servicing and claims capabilities with UIB’s in-house engineering consultants for technical expertise to devise risk-specific programme design and development, including multi-stage project risk packages tailored to the unique requirements of each client.

In-house claims management
Knowing how insurers operate enable the Energy Claims team to recommend clients on the most appropriate claim strategy for Upstream and Downstream energy risks as well as CAR/EAR, business interruption, property and liability policies and ensure swift claims settlement through close support to all interested parties. The Energy Claims team facilitates quick and effective resolution through sustained liaison and the provision of relevant information pertinently formatted to insurers.

Bespoke wording
Unique risks require very precise policy wording. The Energy team consists of experts in their field with a wealth of experience in dealing with a wide variety of specific risks where various factors need to be carefully considered. Whether the policy is intended to safeguard against loss of income, to protect future income, to indemnify a beneficiary or to achieve financial stability, we will source the most appropriate, reasonable and comprehensive cover.

ENERGY UPSTREAM

Energy companies operate in a high risk world, often in the most hostile environments. There is increasing pressure to deliver low emission products and investment in technological developments while facing the constant challenge of maintaining profitability against the backdrop of volatile oil prices.

Appropriate risk management and secure, cost-effective insurance coverage placed with internationally renowned specialist reinsurers are key components for stability and success. UIB Energy has developed a worldwide reputation for technical skill and integrity when acting for energy project partners to analyse, design and place comprehensive risk solutions.

WHAT WE DO

WHAT WE DO

The UIB Energy Upstream division combines knowledge and expertise with hands-on experience to individually assess each risk and its complex technical requirements. We draw upon a depth of experience in complex risks and geographically challenging areas to deliver industry leading results and service to all our clients and continue to build a strong reputation within the Energy Upstream sector where we handle:

  • Control of Well
  • Exploration, development, distribution and construction phases for oil and gas
  • Loss of Production Income
  • Mobile Drilling Units
  • Onshore and Offshore Upstream Property
  • Pipelines
  • Platforms

Innovative risks solutions for energy risks are devised and adapted to various locations throughout the world through technical knowledge and ‘on the ground’ local expertise in the following sectors:

Sectors
  • All Risks of Physical Damage
  • Commotion
  • Construction All Risks/Minor Works Liability/Casualty
  • Machinery Breakdown
  • Natural Catastrophe
  • Onshore and Offshore Operators Extra Expense
  • Platform de-commissioning and removal
  • Removal of Wreck
  • Seepage & Pollution – sudden & accidental or gradual occurrence
  • Sue and Labour
  • Time Element/Business Interruption/Contingent Business Interruption
  • Transit/Storage
  • War/Terrorism/Strikes, Riots and Civil

WHO WE SERVICE

Our client base reflects the global scale and scope of the energy industry. The Energy Upstream team provides covers in the following areas:

National Oil & Gas companies

International Oil & Gas companies

Integrated Oil & Gas companies

Independent Oil & Gas companies

Oil Service companies

Oil equipment manufacturers (OEMs)

Onshore and offshore exploration & production companies
Onshore and offshore drilling contractors

Onshore and offshore oilfield service companies

Offshore construction contractors

CONTACT US

To learn how our Upstream Energy team’s expertise can benefit you, or for further information please contact:

Robert Brundrett

Business Development Manager – Energy & Construction Division
E: robert.brundrett@uib.co.uk
T: +44 (0)207 264 1631

Marc Perrin

Executive Director – Head of Energy & Construction
E: marc.perrin@uib.co.uk
T: +44 (0)20 7264 1690

ENERGY DOWNSTREAM

The size and scale of downstream energy and power generation projects require an insurance broker with global capabilities. UIB Energy, with an international network of offices and strong relationships with insurers worldwide, draws on many years of experience to address complex technical risk issues and develop cost-effective risk and insurance solutions.

In conjunction with our risk engineering team (ERC) we will evaluate the insurance risk exposure and create a tailored insurance product that most efficiently cover our clients’ needs.

WHAT WE DO

WHAT WE DO

The UIB Energy Downstream division, which also includes Power Generation expertise, utilise their professionalism, technical knowledge, ‘on the ground’ local expertise, industry experience and strength in-depth when servicing clients.

Each client’s particular and unique circumstances are met with expert solutions, comprehensive advices, tailored wording and, wide ranging covers to ensure maximum cover when developing innovative risks solutions for energy and power risks throughout the world, including:

  • All Risks of Physical Damage
  • Construction/Minor Works
  • Liability/Casualty
  • Machinery/Electrical Breakdown
  • Malicious Damage
  • Named Perils
  • Natural Catastrophe
  • Seepage and Pollution on a sudden and accidental basis or gradual occurrence
  • Terrorism/Strikes, Riots and Civil Commotion,
  • Time Element/Business Interruption/Contingent Business Interruption
  • Transit/Storage

WHO WE SERVICE

Our client base reflects the global scale and scope of the energy industry. The Energy Downstream team provides covers in the following areas:

Fertiliser, lube oil plants
Gas processing plants
Hydrocarbon Storage Facilities/ Terminals
Hydroelectric Power
Mining
Onshore Pipelines
Petrochemical Plants
Power Generation

Refineries

Refining, processing & distribution phases for oil and gas operating risks
Renewable Energy
Utilities

CONTACT US

To learn how our Downstream Energy team’s expertise can benefit you, or for further information please contact:

Chris Copping

Associate Director, Head of Downstream Energy
E: chris.copping@uib.co.uk
T: +44 (0)20 7264 1625

Marc Perrin

Executive Director – Head of Energy & Construction
E: marc.perrin@uib.co.uk
T: +44 (0)20 7264 1690