Energy Insurance & Reinsurance

Solutions for all Upstream & Downstream Energy Risks

At United Insurance Brokers, our team leverages technical knowledge and global market relationships to ensure clients receive the best energy insurance and reinsurance solutions.

Our Energy insurance and reinsurance experts provide comprehensive advice on coverage, recovery, and defence, handling complex multi-million and billion-pound first-party coverage disputes under CAR policies and related contracts. We have extensive experience in all forms of dispute resolution, including international and appellate courts, mediation, arbitration, and adjudication. Our third-party liability expertise spans construction and engineering projects, catastrophic loss events, and environmental issues, addressing damage, injury, death, pollution, subsidence, explosions, fires, flooding, health and safety, and sub-contractor issues. In reinsurance, we adeptly manage disputes under facultative covers, fronting arrangements, and excess of loss contracts, successfully facilitating settlements and litigating claims within reinsurance structures.

we can advise on a wide spectrum of energy claims

OFFSHORE, ONSHORE

FIRST PARTY COVERAGE

THIRD PARTY LIABILITY

REINSURANCE

SUBROGATED RECOVERIES

UPSTREAM energy

Our upstream insurance team offers a comprehensive range of coverages including physical loss or damage, business interruption, control of well, machinery breakdown, and decommissioning risks. By leveraging our in-house engineering capability, we provide industry-leading underwriting expertise to clients ranging from small to mid-size businesses to major industry players. We offer coverage worldwide, excluding sanctioned territories, addressing the unique challenges faced by upstream energy firms in volatile and high-risk environments.

UIB Energy is renowned for its technical skill and integrity, delivering secure, cost-effective insurance solutions tailored to the upstream sector. With geopolitical tensions, sociocultural changes, and commodity price volatility, risk management is crucial. We partner with internationally renowned specialist reinsurers to ensure stability and success for energy companies, helping them navigate the pressures of delivering low-emission products and investing in technological advancements while maintaining profitability.

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

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

Anne Dunin

Senior Account Executive, Upstream Energy
E: anne.dunin@uib.co.uk
T:+44 (0)20 7264 1611

DOWNSTREAM ENERGY

Our skilled underwriters provide expert downstream insurance for a wide range of onshore energy plants globally, ensuring comprehensive coverage for machinery breakdown and property damage. Our dedicated Claims team is efficient in handling any incidents, ensuring quick and effective resolutions.

With a particular focus on the MENA, and LATAM regions, our clients include petrochemical operators, oil refineries, utilities, Independent Power Producer (IPP) companies, and energy pipeline operators. In addition to our underwriting team in London, we also conduct business from our offices in Amman, Dubai, and Kuala Lumpur. The underwriting strength of our Onshore Energy team is supported by our commitment to swiftly settling all genuine claims, maintaining high standards of service for clients and brokers

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: