Energy

The Faraday Energy team’s focus is to insure Owner/Operators and Contractors working within the global onshore and offshore exploration and production sector.  We offer a range of coverages: including Physical Damage, Control of Well/Operators Extra Expense, Business Interruption/Loss of Hire and Third Party Liability to the Owner/Operator and Contractor segments. 

We also offer the insurance of Owner/Operators and Contractors on and offshore E&P Construction requirements.

Properties we insure include fixed and floating properties, pipelines and subsea equipment and upstream processing property and equipment.

Our portfolio can be written on a quota share or excess basis and provides cover on a worldwide basis.

Underwriting strengths

A strong and consistent service ethic is the foundation of our business practice. We have the capability to resolve and support clients' business needs and challenges, which is paramount to our day to day culture. In a sector which is constantly evolving we have an underwriting team with many years' experience to tackle the continual developments within our industry.

Our underwriters benefit from the strong support from our experienced internal claims, wordings, loss modelling and actuarial support teams.