Oil, gas, petrochemical and utility companies are arguably exposed to more types of risk than any other kind of organisation, partly due to their critical role within the global economy.
The complexity of the energy sector requires more than a conventional response.
Risk issues are changing on a daily basis for many companies and include price volatility, climate change and regulation, changing political regimes and the demands of international pressure groups.
With the huge investment needed for the exploration of oil and gas in previously unexplored territories together with new development, the potential for costly losses is ever present.
The Energy experts at Marsh specialise in identifying events, issues, trends and regulations that impact on the management of risk, and can draw upon the global resource of MMC Companies to create solutions for clients.
We are world leaders in understanding the risks of this sector. Our risk engineers have previously worked within the energy sector. Our expertise and knowledge of the energy insurance marketplace is second to none, and we have an impressive track record in implementing effective strategies for our clients – finding the widest cover at the most competitive price.
Our Energy business consists into two product lines
