Cautious optimism welcomed in the oil and gas industry
Posted on 16th July 2018 by Adrian Stewart
There is no underestimating the importance of the UK oil and gas industry, a sector that has paid more to HM Treasury than most other industry sectors and has created thousands of skilled jobs.
After a torrid time over the last few years, the price of Brent Crude is rising to levels where activity, investment and cautious optimism is back on the agenda for a number of majors and those in the supply chain.
The far-reaching supply chain in the oil and gas sector has not just contributed to the UK’s energy supply but has created an international network of businesses meaning the sector is truly global.
Those operating in this specialist sector have stringent insurance requirements where policies need to respond at home and abroad as required.
The potential for accidents, the ever-changing innovations that arise coupled with the demands for safe working practice means that the oil and gas sector requires insurance brokers and insurance programmes of the highest calibre.
We are here on hand to provide advice and appropriate insurance policies so your business is protected, your workforce is protected and your business can thrive.
The oil and gas industry has unique working practices, rules and regulations so it’s important that you seek professional advice when considering insurance. We have over fifteen years’ experience in advising businesses operating upstream, midstream and downstream and have been established in Aberdeen since 2010.
We have the ability to provide bespoke online insurance for contractors not just in the oil and gas industries but for those working in all energy related roles whether that be solar, biomass, onshore and offshore wind or nuclear.
Beyond insuring individuals, we can arrange insurance programmes for SMEs in all manner of businesses, not just energy related. We have a broad range of clients that we act for in the leisure, property owners, engineering and professional services sectors.
Our dedicated NE Scotland team includes fully qualified advisers, a risk manager and in-house claims division so if you’ve yet to speak with us about your own insurance requirements we are on hand to help.
Please contact Andrew Wells ACII, Commercial Director, on 0161 833 2100Back to News