Gallagher offers comprehensive insurance, reinsurance, risk management and consulting solutions. We help clients in the energy industry keep pace with the rapidly changing global landscape through our Energy, Power, and Renewables practice.

Guiding businesses through energy market changes

Gallagher's Energy, Power and Renewables team is comprised of experienced insurance, risk management and consulting specialists. Backed by Gallagher's Global Network, our team is positioned to support energy businesses with carefully curated insurance and risk management solutions.

Our team can help you to tackle challenges faced by the industry, whether they are energy security concerns, the evolving regulatory environment, or an increase in cyber security threats. We help you face the future with confidence.

Customised solutions to meet the needs of the energy industry

With a presence in key energy hubs across the globe, Gallagher DIFC leverages its extensive experience in advising clients and transferring/financing risk in all countries in the MEA region. We offer a full suite of services to help businesses mitigate and manage risks across the energy spectrum.

We offer our clients bespoke insurance and reinsurance solutions across all key energy sectors; including:

Our solutions cater to clients in oil & gas exploration and production, including but not limited to; national oil companies, independent operators, and drilling contractors. Our solutions address key areas/concerns, such as:

  • Exploration (onshore/offshore)
  • Physical damage
  • Loss of hire
  • Control of well
  • Seepage and pollution
  • Loss of production income
  • Third-party liabilities
  • Offshore Construction
  • Delay in start-up
  • War, terrorism, and political risks
  • Decommissioning liability
  • Protection and indemnity
  • Offshore and Onshore Contractors facilities business

For our clients who focus on the processing, storing and transportation of oil and gas, such as oil refineries, petrochemical plants, fertiliser plants, heavier gas-liquids fractionation operations, and terminals we offer coverage for:

  • Property damage (all risks)
  • Machinery breakdown
  • Business interruption
  • Contingent business interruption
  • Increased cost of working
  • Critical natural catastrophe
  • Third-party liability
  • Sabotage and terrorism, and political risks
  • Weather derivatives
  • Offshore and onshore contractors facilities

We support the complex needs of our conventional and alternative energy clients in the power generation sector, by addressing concerns and providing solutions for:

  • Property damage (all risks)
  • Critical natural catastrophe cover
  • Sabotage and terrorism
  • Machinery breakdown
  • Business interruption
  • Contingent Business interruption
  • Third-party/excess liabilities
  • Weather risk parametrics (wind/solar/hydro)
  • Cyber risks
  • OEM Warranty backstop (solar, BESS, wind)

Going beyond conventional coverage solutions, we provide tailored solutions that address your unique needs. We're constantly innovating our offerings to provide our partners with a competitive edge, arming them with comprehensive coverage and reduced total cost of risk.

Driving excellence with in-house risk engineering capabilities

Leading with a proactive approach to risk management, our in-house team of risk engineers deliver critical data points that help identify exposures and mitigate risk. We help you make data-driven decisions while guarding your interests and the bottom-line.

Our teams employ the experience and insights they've gathered working for international oil companies (IOCs) to develop customised risk engineering reports and identify coverage gaps. We can also assist in negotiating with insurers and reinsurers to prioritise your interests and promote mutual understanding between all parties.

Across all key energy sectors, we offer our clients bespoke insurance, reinsurance, and advisory solutions, including, but not limited to:

  • All risk property damage including machinery & electrical breakdown
  • Control of well, including loss of production income
  • Fiduciary related time element coverages such as delay in start-up, business interruption
  • All lines of casualty
  • Sabotage and terrorism, including political violence
  • Difference in conditions (DIC), difference in limits (DIL) and deductible buy downs.

In addition, we offer risk transfer solutions that bring together skilled practitioners from across the energy, power and renewables sector globally. This includes more than 130 sector-specific experts from initial risk advice to placement design and strategy and claims advocacy.

More than just partners, we're your advocates

What matters to you and your business is at the core of all our strategies and efforts. We partner with you to become an extension of your team and align ourselves to your goals and desired outcomes. Gallagher collaborates with you to understand the unique risks and exposures faced by your business and design claims management programs that help minimise the severity of your claims and reduce your total cost of risk.

Our local team of dedicated claims management professionals have extensive experience in handling complex claims within the energy industry. We provide our clients with dedicated support to deliver superior outcomes efficiently.

Through our partnership with ACE Gallagher in the Gulf Cooperation Council region, we've extended our presence to nearly all countries in the Middle East. This allows our specialists to better understand the nuances of your business needs and provide you with the best solutions to support your growth.

Meet the Energy, Power and Renewables Team

Mohammed Al Juaidi

Mohammed Al Juaidi

Divisional Director — Energy, Power and Renewables

Energy, Power, and Renewables Summary

  • In-house risk engineering capabilities
  • Dedicated local team of energy specialists based in Dubai, backed by the Gallagher Global Network
  • Comprehensive insurance, reinsurance and risk advisory solutions customised to meet the complex requirements of energy businesses
  • Experience working with independent, small, and large enterprises