Upstream Energy

The LEIC TEAM has been providing quality risk management, claim advice and solutions for upstream energy companies for many years. We have worked with numerous oil and gas companies plus many exploration and production companies on a variety of risk and claim issues.

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
  • Casualty
  • Cargo
  • Sabotage & Terrorism
  • Political Risks
  • Construction All Risks/Wrap Up Liability programs
  • Operators Extra expense
  • Seepage & Pollution

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.