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.
