Lockton’s experienced Global Energy team (LGE) specialises in the design and placement of complex, multi-coverage insurance programs for clients throughout the upstream energy sector and its support industries.

PRODUCTS AND SERVICES

Upstream Energy

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Targeted, reliable cover for your upstream energy business

Lockton’s experienced Global Energy team (LGE) specialises in the design and placement of complex, multi-coverage insurance programs for clients throughout the upstream energy sector and its support industries.

This already heavily regulated and challenging environment has recently been compounded further by significant reductions in the price of commodities. Operators, contractors and service companies alike therefore require innovative and cost-effective methods of managing their risks.

Lockton’s experienced team of practitioners appreciates that a client’s service needs are as varied as their business types. We provide expert advice and tailored service for each client, whether they require a simple coverage review, or a fully embedded risk-manager.

What we bring to your business

What we cover

  • Physical damage

  • Hull and machinery/increased value

  • Operators’ extra expense/contingent operators’ extra expense

  • Business interruption and loss of hire

  • Construction all risks

  • Third party liabilities (commercial general liabilities and excess umbrella limits)

  • Environmental impairment liabilities

  • Oil pollution act liabilities (OPA) or offshore pollution liability agreement (OPOL)

  • Marine employers’ and Charterers' liability

Areas of expertise

  • Exploration and production (onshore and offshore)

  • Drilling contractors (onshore and offshore)

  • Service contractors (onshore and offshore)

  • Midstream operators

  • Construction all risks (onshore and offshore)

Our team

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Blake Roseveare

Partner
blake.roseveare@lockton.com
+44 78 1048 4004

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Michael Ellis

Senior Account Executive
michael.ellis@uk.lockton.com
+44 79 2036 1269

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Jonathan Cowan

Client Executive
jonathan.cowan@uk.lockton.com
+44 75 0076 5698

Matt Preston headshot

Matt Preston


matt.preston@uk.lockton.com
+44 020 7933 2446

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Arthur Llewelyn

Upstream broker
arthur.llewelyn@uk.lockton.com
+44 078 7665 1566