+44 (0)20 7204 8400 ENERGY · we are committed to bringing you unmatched talent connecting you with...

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ENSURING YOU ARE INFORMED ABOUT THE RIGHT RISK DECISIONS FOR YOUR BUSINESS ENERGY INDEPENDENT CONNECTED COMMITTED www.priceforbes.com Andrew Threadgold Executive Director T +44 (0)20 7015 2931 M +44 (0)7872 461 504 E [email protected] Hugh Burnett Executive Director T +44 (0)20 7648 8047 M +44 (0)7827 871 232 E [email protected] www.priceforbes.com Call us on: +44 (0)20 7204 8400 and we’ll put you straight through to one of our senior experts. Or email one of our experts below. Now is always a good time to talk. Our team is ready to help you and the starting point is to put us to the test. Ask us the difficult questions – we will help with solutions that challenge the norm. Price Forbes & Partners Limited 2 Minster Court, Mincing Lane, London EC3R 7PD Copyright Price Forbes & Partners Limited 2016 Registered in England number 5734247. Registered office as above Price Forbes & Partners Ltd is a Lloyd’s broker and is authorised and regulated by the Financial Conduct Authority “The Price Forbes energy team have consistently delivered an excellent service, understanding our risks, providing valuable premium reductions, and bespoke wordings catering to our specific country needs. They also simplified and created effective administration to ensure timely and full compliance with local regulatory requirements.” Multinational Oil & Gas Client MEET THE EXPERTS HOW WE HELP MAKE A DIFFERENCE Independent Our independence means we have no local conflicts, nor are we constrained by market agreements. This leaves us free to work with markets best placed to meet you and your clients’ needs. Connected You benefit from our centralised in-house service, a team driven by a desire to collaborate in your best interests. Together, we will connect you with the best products and markets to achieve the right solution for you. Committed Taking a long-term view means that we are dedicated to developing a mutually beneficial relationship with our clients and markets. By working together we believe we can tackle the most sophisticated risks with a tenacity to deliver on time, every time. INDEPENDENT VIEWPOINT OUTSTANDING SERVICE DELIVERING SOLUTIONS INDEPENDENT. CONNECTED. COMMITTED. EXPERTISE & EXPERIENCE INDEPENDENT BROKER AND SPECIALIST (RE) INSURANCE ADVISOR As a truly independent company we are committed to bringing you unmatched talent – connecting you with the best people, markets and solutions available. INDEPENDENT CONNECTED COMMITTED BETTER FOR YOU PFP 157 10/16 Robert Weald Executive Director T +44 (0)20 7015 2816 M +44 (0)7827 871 229 E [email protected]

Transcript of +44 (0)20 7204 8400 ENERGY · we are committed to bringing you unmatched talent connecting you with...

Page 1: +44 (0)20 7204 8400 ENERGY · we are committed to bringing you unmatched talent connecting you with the best people, markets and solutions available. INDEPENDENT CONNECTED COMMITTED

ENSURING YOU ARE INFORMED ABOUT THE RIGHT RISK DECISIONS FOR YOUR BUSINESS

ENERGY

INDEPENDENTCONNECTEDCOMMITTEDwww.priceforbes.com

Andrew ThreadgoldExecutive DirectorT +44 (0)20 7015 2931M +44 (0)7872 461 504E [email protected]

Hugh BurnettExecutive DirectorT +44 (0)20 7648 8047M +44 (0)7827 871 232E [email protected]

www.priceforbes.com

Call us on:

+44 (0)20 7204 8400and we’ll put you straight through to one of our senior experts.

Or email one of our experts below.

Now is always a good time to talk. Our team is ready to help you and the starting point is to put us to the test. Ask us the difficult questions – we will help with solutions that challenge the norm.

Price Forbes & Partners Limited2 Minster Court, Mincing Lane, London EC3R 7PD

Copyright Price Forbes & Partners Limited 2016Registered in England number 5734247. Registered office as abovePrice Forbes & Partners Ltd is a Lloyd’s broker and is authorised and regulated by the Financial Conduct Authority

“The Price Forbes energy team have consistently delivered an excellent service, understanding our risks, providing valuable premium reductions, and bespoke wordings catering to our specific country needs. They also simplified and created effective administration to ensure timely and full compliance with local regulatory requirements.”Multinational Oil & Gas Client

MEET THE EXPERTSHOW WE HELP MAKE A DIFFERENCE

IndependentOur independence means we have no local conflicts, nor are we constrained by market agreements. This leaves us free to work with markets best placed to meet you and your clients’ needs.

ConnectedYou benefit from our centralised in-house service, a team driven by a desire to collaborate in your best interests. Together, we will connect you with the best products and markets to achieve the right solution for you.

CommittedTaking a long-term view means that we are dedicated to developing a mutually beneficial relationship with our clients and markets. By working together we believe we can tackle the most sophisticated risks with a tenacity to deliver on time, every time.

INDEPENDENTVIEWPOINT

OUTSTANDING SERVICE

DELIVERING SOLUTIONS

INDEPENDENT. CONNECTED. COMMITTED.

EXPERTISE & EXPERIENCE

INDEPENDENT BROKER AND SPECIALIST (RE) INSURANCE ADVISOR

As a truly independent company we are committed to bringing you unmatched talent – connecting you with the best people, markets and solutions available.

INDEPENDENT CONNECTED COMMITTEDBETTER FOR YOU

PFP 157 10/16

Robert WealdExecutive DirectorT +44 (0)20 7015 2816M +44 (0)7827 871 229E [email protected]

Page 2: +44 (0)20 7204 8400 ENERGY · we are committed to bringing you unmatched talent connecting you with the best people, markets and solutions available. INDEPENDENT CONNECTED COMMITTED

Competitive solutions are created for clients to protect against inherent business risks. Our experienced team has the ability to structure and enhance the value of insurance products which are available from the London and international insurance markets.

We also provide captive reviews, captive reinsurance programmes, insurance risk management, risk engineering and consulting.

Upstream and mid-stream operations including constructionA full spectrum of services, from exploration, through to development and construction, to production, distribution and storage.

Package policies or monoline placements can be arranged to provide coverage for:• Physical loss or damage in respect of all upstream

and mid-stream assets, including offshore platforms, mobile drilling units, contractor owned floating units, pipelines (on and offshore), cables, subsea and floating production systems, associated onshore plant and property, terminals, jetties and storage facilities

• Construction of upstream facilities including major offshore developments and related onshore facilities

• Construction units• Oilfield services, land rigs and associated equipment• Pipe laying, associated service vessels, seismic

vessels and equipment and onshore seismic crews

• Control of well, seepage and pollution, re-drilling expenses and related additional coverage for all wells, including oil, gas, water and gas injection and geothermal, throughout the whole well life cycle

• Financial risks e.g. business interruption• Loss of production, advance loss of profits, delay

in start up and loss of hire• Third party and contractual liability, including

pollution, in respect of all phases associated with upstream and mid-stream operations

• Machinery and electrical breakdown• Political violence, including terrorism

Downstream operationsComprehensive insurance programmes for a wide range of hydrocarbon processing, refining, storage and petrochemical activities.• All risks physical loss or damage in respect

of insured assets• Business interruption and contingent

business interruption• Machinery and electrical breakdown• Political violence, including terrorism• Third party and contractual liability, including

pollution, in respect of all phases associated with downstream operations

• Transportation and storage

IN-HOUSE CLAIMS

The acid test of a (re)insurance broker’s service is the quality of its claims handling. This is why claims negotiation and settlement is neither outsourced nor off-shored; it is handled by us, in one central location.

Our claims team is thorough, tenacious and creative, composed of a group of highly qualified specialists who understand the industry. They are integral to the service we provide to you, from simple administration all the way through to claims advocacy.

Each and every client is placed at the centre of the Price Forbes business. Value is addedto the process of purchasing insurance through the consistent delivery of a high level of service.

• Expertise and experience Attracting and developing the best talent to offer you the right expertise.

• Delivering solutions Aligning the market to offer tailored solutions to address your needs.

• Outstanding service Our growth is underpinned by the excellence of our coordinated in-house claims and service delivery.

The global energy business is made up of many diverse industries – we expect and are prepared for your specific insurance and risk management needs.

Finding the right answer means asking the right questions. We believe that to really get to the bottom of your business needs, we have to listen to you and understand what drives you. Only then can we begin the journey to the right recommendations.

UnderstandingWe will assess your situation, gather all of the data required and then analyse the informationbefore agreeing a joint approach that matches your risk appetite. It is essential for you to be part of the process, to be informed and empowered.

CommunicationOpen engagement between all parties, you, us and underwriters, creates a long-term mutually beneficial relationship. By working closely with you we can align your needs to the best markets, to find a solution that is right for you. Our strategy combines a nimble, entrepreneurial and collaborative philosophy underpinned by expertise in all aspects of energy.

TransparencyOur ethos is for transparency and insurance knowledge sharing with clients and international partners alike. To offer greater understanding of insurance for you, the team develops specific risk management and training programmes on a regular basis.

We firmly believe that we can offer you a unique service. As well as providing protection and sound risk management, well-structured insurances are often deal enablers opening up operational and financing options.

THE RIGHT SOLUTION FOR YOU EXPERT ENERGY CAPABILITIESEXPERT SERVICE DELIVERY