Oil and Gas Insurance

Specialist international cover for companies working in oil and gas

Protection for your O&G liabilities, assets and people

Property, Third Party Liability, and Business Interruption insurance for companies, independent operators and drilling contractors involved in the exploration and production of oil and gas 
Specialist oil and gas group employee benefits schemes - managing complex onshore and offshore insurance benefit plans across multiple sites
Kidnap insurance – often required for senior executives in known kidnap areas 
Political Evacuation insurance – designed to protect companies and people from the cost of emergency repatriation and relocation due to political unrest
Trade and Political Risk insurance to protect overseas operations in unstable regions

Expert protection for oil and gas industries

Oil and gas insurance is a specialist area of cover because of the potentially hazardous nature of the work and the remote regions involved – both onshore and offshore. Production can often be situated in war, terrorist and areas of civil unrest and executives can be vulnerable to kidnap and ransom demands.

Bellwood Prestbury is an international oil and gas insurance expert. Using a mixture of international insurers and underwriting facilities at Lloyd’s of London, we negotiate competitive insurance for a wide range of oil and gas companies operating in the industry including exploration, production, refining and transportation.

We can also provide you with Trade and Political Risk insurance to protect you from losses due to conflict or confiscation, and bespoke policies to cover overseas operations, finance and lending, or fixed investments.

Whether you are a multi-national energy company requiring comlex employee benefit packages for thousands of employees across the world, or a drilling contractor with a few people working offshore, we can help.

We saved one energy client US$200,000 a year

Reviewing the policies of a multinational energy company based in the UAE, we reorganised their cover across Asia, generating a saving of over US$ 200,000, improving cover for their expat executives and streamlining the scheme.