More than 100 cumulative years of experience in energy insurance and claims has given us a keen understanding of the industry’s distinctive exposures and how to treat them—expertise unmatched by general lines insurance firms. We have a unit of insurance professionals who serve nothing but energy clients, including oil and gas operators, drilling contractors and well service contractors.
Our Energy Division is well respected by the insurance carriers we represent, citing our industry knowledge and accomplishments with unique scenarios. We have been instrumental in crafting new policies when the available coverage wasn’t a proper fit for our clients’ operations. Many are now considered standard in the energy field.
Common Energy Coverages
- Well Control
- Care, Custody & Control
- Offshore Platforms
- Charterers Liability
- Protection and Indemnity
- Rig Physical Damage
- Marine Liability
- Pollution Liability and Offshore (including COFR/OPA 1990)
- Merger and Acquisition Transactional Risk
Familiarity with rig operations and the insurance policies used to protect them gives us negotiating power with your carriers in the event of a loss. We have helped resolve hundreds of Control of Well, liability and first-party claims with more than $350 million in claims payouts.
To help avoid claims, we review the agreements you enter into with vendors, like Drilling, Joint Operating Agreements, Master Service Agreements, Master Charter and Leased Equipment contracts, to properly allocate your risks. We scrutinize your contracts with an eye to compliance with Texas, Louisiana, New Mexico and Wyoming anti-indemnity requirements and insurance provisions.
With Higginbotham, you also have access to CertCon Services, our in-house insurance certificate validation group. We process the certificates you require from your service and material providers to help ensure they meet the insurance stipulations in your contracts.
Click here to learn more about our certificate validation service.