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  The Upstream Energy Team handles all Offshore Energy business (e.g. exploration, production and transportation of oil & gas).
 

CONTACT

Jonathan Raven
Divisional Director
jawr@uib.co.uk



Capabilities Overview

 
 
In common with other specialist areas in UIB, the Upstream team draws on considerable years of experience and combined expertise. In addition to knowledge of the industry, the team also has a significant linguistic ability with Arabic, French, German and Swedish being spoken fluently.  We believe this accelerates information flow, overcomes technical misunderstandings and enhances relationships providing top quality service to our global clientele.

Insurance classes provided:
  • Operating Risks (Exploration & Production Insurance for Oil & Gas)
  • Construction Risks
  • Control of Well
  • Liabilities
Types of coverages provided include:
  • Physical Damage to Onshore/Offshore drilling units
  • Control of Well Underground Blowout/Redrill/Seepage & Pollution
  • Liabilities (First & Third Party Damages)
  • Business Interruption
  • Down-the-hole Equipment
  • Construction All Risks (C.A.R.) Platforms/Drilling Rigs/F.P.S.O./Pipelines/Sub-Sea Completions
Most of the risks handled by the Upstream Team are complex and often require physical condition surveys before they can be insured. Coverages are often combined into package deals. Therefore, each insurance package we provide is tailor-made to suit the individual client depending on their appetite for retention as well as the size and nature of the risk.

Whilst operating on a global footing, the main geographic areas in which we operate are Middle East, North Africa and Europe .

Over the years, UIB has developed a unique reputation for its aptitude in countries usually closed to foreign investment and to the west in particular.

           
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