What we offer

Cover includes:

  • Indemnity to repair or replace damaged property
  • Sue and labour
  • Removal of debris expenses
  • Loss of production income
  • Control of well
  • Redrill and restoration expense
  • Pollution from wells and legal liabilities

Up to US $150,000,000 per platform normal maximum line
To offer a quotation, we require details of the scope and nature of the assured's activities, the coverage required and a claims record.
 

How can we help

Upstream is our largest sub-class of energy risks. Our cover protects clients against a broad spectrum of risks including physical damage, well related expense, such as control of well costs, loss of production income, and third party liabilities. 

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The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better.  A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond.  Simply put, at  Beazley we go to 11.  

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team.  Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.

Examples or Scenarios

A drilling company experiences a well blow out during operations.  The insured’s broker promptly reports the incident to our claims team. We notify our loss adjuster who ensures the well is under control and assesses potential safety risks. They assess the extent of the damage and appoint the costs while establishing the chain of events. Our claims team works very closely with our energy underwriters to establish that all the relevant coverage is in place  and to assess any potential liabilities.

Your Beazley Team

 
 

Sean Foley

Sean Foley
Underwriters

Sean Foley

Underwriter - Energy

London, UK

+44 20 7674 7773 Email Sean Foley View profile

Alex Barnes

Alex Barnes
Underwriters

Alex Barnes

Head of Energy

London, UK

+44 7885 526154 Email Alex Barnes View profile

Laura Devereux

Laura Devereux
Underwriters

Laura Devereux

Underwriter - Energy

London, UK

+44 20 7674 7224 Email Laura Devereux View profile

Michael Green

Michael Green
Underwriters

Michael Green

Underwriter - Energy

London, UK

+44 20 7667 0622 Email Michael Green View profile

James Pooley

James Pooley
Claims Managers

James Pooley

Claims Team Leader - Marine/Aviation

London, UK

+44 20 7674 7432 Email James Pooley View profile