Natural Resources

With more than 100 dedicated professionals, JLT is a market-leading provider of insurance services to the natural resources sector. Our global client list includes several of the world's major energy organisations.

Whilst our business development and broking unit is divided into two teams, Offshore and Onshore to reflect the specific insurance challenges these environments present, they collaborate on a daily basis on projects that require insurance in both areas and to share best practice and market intelligence.

Both teams have very experienced and respected policy wording technicians, plus specialists working in the Far East, Africa, Australasia, Russia, Canada, South America and the Middle East, using long term relationships to ensure that favourable local coverage is negotiated. Contract reviews, engineering inspections, environmental risk services and a superior claims service are just some of the facilities they can provide in addition to insurance cover for:

  • physical loss of or damage to property
  • operators' extra expenses / control of well / re-drilling
  • offshore construction & decommissioning
  • onshore construction & decommissioning
  • machinery breakdown and business interruption
  • consequential loss (business interruption / loss of production or delay in start-up)
  • contingency coverage
  • liabilities (primary and excess)
  • protection and indemnity
  • war, terrorism  and political risks
  • cargo & transportation
  • construction builders' risks
  • contractor's plant & equipment.
  • food spoilage (for the biofuels /agro-products' markets)

With JLT, you will benefit from the involvement of some of the London market's most experienced brokers and account managers. Our senior management takes a hands-on approach and is actively involved in servicing clients. This has helped us to win contracts to manage the insurance arrangements for over US$73bn of energy construction projects in the last five years.

Strong relationships with the key underwriting markets in Europe, Asia and Bermuda, enable us to offer a truly global service from a single location. So, for a team that acts as your ‘in-house' insurance and reinsurance arm, choose JLT.

 

JLT Contact Details

Martin St Pierre

Divisional Managing Director
JLT Specialty Limited
6 Crutched Friars
London, EC3N 2PH
[T]: 020 7558 3910