With the fluctuating environment of the oil, gas, and petrochemical industry comes the need to develop new and cutting-edge risk solutions to meet the industry’s needs and requirements. Every project demands a bespoke suite of cost-efficient insurance services.
Marsh’s energy risk engineering team is well qualified to provide risk managers and underwriters with the essential information they need to determine the right limits, scope of cover, and price. Our in-depth knowledge and understanding of the sector provides you with comprehensive contract reviews and advice at the early stage of any project. Marsh’s benchmarking capabilities enable us to compare new projects with the many projects we have already placed. This benefits you, as we bring that experience to bear when we present your projects to the market.
Losses encountered during the construction phase of a project can be hugely costly, both in terms of physical damage, and lost time. Marsh’s energy claims team deals with some of the industry’s largest and most complex losses. Our professional approach to claims management has resulted in significant success for our clients; not only financially, but also facilitating a much sought-after, shorter claim life-cycle.