Downstream Energy

The LEIC TEAM has been providing quality risk management, claim advice and solutions for downstream energy companies for many years. We have worked with numerous clients across many sectors including: refining, petrochemical, gas production and storage, LNG and transmission pipelines. We have advised on construction and expansion projects, as well as day-to-day operational risks.

Example: “Longdown|EIC provided an invaluable co-ordinating role between Operator and EPC Contractor for management of all insurance issues throughout the life of the Project” – Project Director $2billion Gas storage and distribution project North Africa

Our team offers the following key areas of independent risk management expertise:

  • Risk Identification and mitigation
  • Contract Review – insurance and risk allocation
  • Insurance Program design & structure

Our focus is on:-

  • Physical Damage/Machinery Breakdown
  • Business Interruption/Delay in Start-Up/Advance Loss of Profits
  • Casualty
  • Pollution
  • Cargo
  • Sabotage & Terrorism
  • Political Risks
  • Construction All Risks/Wrap Up Liability programs

From a Claim Management perspective we provide:-

  • Coverage Advice and Advocacy
  • Cost analysis and Validation
  • Proactive Claims Oversight & Management
  • Claim Cost Organization & Submission
  • Cash Flow/Interim Payment Coordination
  • Establishment of workable Claim Timelines and Milestones

If you have suffered a major loss and need advice on what to do next, or you are uncertain about the adequacy of your insurance program, please give us a call or email us and we will be pleased to give you some initial advice, as well as see whether we can be of help.