Energy
Halfway around the world, an offshore
production unit is delivering much-needed hydrocarbon
resources to meet the growing demand for energy. From
the drillship that drilled the discovery well in the
ultra-deepwaters to the platform and pipeline systems
that process and transport the resources to an onshore
refinery, the Wortham Group developed all of the insurance
and coverage products for this multimillion-dollar energy
development project.
For over 80 years, the Wortham Group has
met the comprehensive insurance and risk management needs
of upstream, midstream, and downstream energy companies,
petrochemical firms, and oilfield service companies operating
in the U.S. and overseas. Given the dynamic market
and geopolitical forces that can affect these businesses,
our team of seasoned professionals brings a strategic planning
approach to each client’s issues. The Wortham
Group has created insurance programs and integrated risk
management solutions for projects and exposures in every
petroleum-producing region of the world. In fact,
our energy professionals have helped to pioneer many niche
insurance services and coverages for the oil and gas industries
that are used throughout the insurance field.
In the downstream sector, petrochemical
and specialty chemical companies have utilized Wortham’s
expertise for decades. For example, the Wortham Group
has been at the forefront of developing risk management strategies
for this important industry from the formation of insurance
companies to risk purchasing groups.
We support our energy clients’ strategic
growth plans as they expand their operations to new markets
around the world. Our energy professionals are highly
experienced in tackling foreign insurance requirements and
placing admitted insurance programs that meet local mandates.
As an independent insurance broker,
our team is unhampered in seeking the best underwriting providers
and markets to carefully meet our clients’ needs. We
draw upon the Wortham Group’s solid reputation in the
international insurance markets to help guide clients in securing
the highest quality coverages for their operations. |