Oil and Gas Insurance
The risks of working in or supporting the Oil and Gas industry in emerging and high risk locations such as Iraq are widespread and significant. From security and logistics to government bureaucracy, there are barriers to business that many companies operating in the Oil and Gas sector may feel are extremely challenging.
Frontier is experienced at working with companies in the Oil and Gas sector in helping them to appreciate when risks attach to a project, the duration of the risks and how insurance based solutions can be used within a holistic risk management plan.
Our approach is to work with companies to show how the mechanism of risk transfer, when used as a systematic step in the project management methodology used by companies operating in the Oil and Gas and other sectors, can assist them to better understand their risk potential, and so help to calibrate this and accommodate it with their risk appetite.
We not only work with companies to protect the assets and projects but also their people, both local and expatriate employees.
All of our insurance policies are ‘A’ Rated and underwritten mainly through Lloyd’s of London.
Protecting your Facilities:
- Oil and Gas Insurance We are able to arrange insurance covers for a wide range of assets including drilling rigs, refineries, gas processing plants, oil and gas pipelines, tank farms and terminals, plus the insurance coverage for the various liability risks that arise at different stages of the process.
Protecting your employees:
- Kidnap and Ransom Insurance Your workers can be seen as a target for kidnap or extortion. The Kidnap and Ransom response teams that we use have a high level of training and proven experience. There are no geographical limitations on this insurance and personnel can have worldwide cover if needed.
- Personal Accident (PA) Insurance PA is a cost effective means of cover should one of your workers be involved in an accident on site or elsewhere. Our policies include War and Terrorism cover as standard and Medical Evacuation expenses can also be included.
- Income Protection Insurance When operating in high risk locations, it’s important that the welfare of your staff and their families is protected and our Income Protection policies can help to do this.
- Global Group Life Insurance Our Group Life cover provides reassurance that in the event of death, your employees' dependents will be looked after financially up to an agreed sum.
- Online Travel Insurance At frontiertravelinsurance.com you can get immediate and comprehensive travel insurance cover to Iraq or Afghanistan with War and Terrorism cover included in the price.