Marine, Energy & Construction Overview Construction We aim to maintain our position Our construction team delivers as a globally-recognised market specialist risk and insurance solutions for leader providing specialty onshore construction projects globally, from integrated refineries through to products and services for metro systems. Cover is provided for the oil, gas, petrochemical, Contractors All Risks (CAR), Erection chemical, pharmaceutical, power All Risks (EAR), plus Delay in Start-Up generation and heavy industry (DSU) / Advance Loss Of Profit (ALOP). sectors worldwide. Target markets We look to work with companies who Oil, gas, petrochemical, chemical and understand and appreciate key risk pharmaceutical management practices and are willing Power generation including renewables to build a long-term stable relationship Heavy industrial segments including which works to the benefit of both parties. mining and metals, cement, pulp In return, we aim to be innovative and and paper flexible combining tailored cover, risk Commercial buildings analysis and excellent customer service. Airport terminals, stadia Clients benefit from the experience, knowledge and expertise of our Civil infrastructure: road and rail, underwriters, in-house risk engineers tunnelling, bridges, pipelines and international claims specialists. Line size Combining this with the global capacity of the Liberty Mutual Insurance Group Up to USD 125 million PML means we can support even the largest and most complex projects.
Clients benefit from the experience, knowledge and expertise of our underwriters, in-house risk engineers and international claims specialists. Exploration and production Heavy industries We offer a broad range of energy Heavy industrial risks bring with related products for the exploration and them unique hazards that require production industry to assist in the risk strong technical know-how in order to transfer of our clients’ needs. Policies are understand these and manage them underwritten to insure against the risks accordingly. At Liberty, we recognise this of physical loss or physical damage to need and have dedicated, experienced the insured’s property, resultant business staff to ensure our underwriters and interruption, control of well and re-drilling engineers understand your business. expenses and third party liabilities. Our heavy industry property insurance Target markets product is available to all mining and Owner/operators involved in mineral processing, metal making, and identification, extraction, processing pulp and paper companies whether they and production of hydrocarbons be a modest regional operator or a major Offshore construction including global operator. We offer coverage for the fabrication, load-out, transits, property damage, including machinery installation and hook-up of fixed/floating breakdown, as well as business units, subsea equipment, associated interruption as a result of property pipelines and platform modifications damage which can be used on a quota share or excess of loss basis, and on a Owners yard construction including lead or follow basis. fabrication of semi-submersible drilling units, jack ups, drill ships and FPSO’s Target markets Line size Mining and metal processing USD 85 million any one platform or Metal smelting and refining rolling complex all interests combined operations Pulp and paper Line size Up to USD 150 million Marine Our marine team in London and Project cargo and delay in start-up Europe consists of highly experienced USD 100 million capacity underwriters who are recognised leaders Integrated package/cross class in their chosen marine segments, providing capabilities with construction, energy tailored insurance solutions for specialised and casualty products (cargo, and complex marine risks. construction, TPL and operational) Cargo owners, ports and their operators, Builders risk transporters and shipbuilders partner USD 25 million capacity with us to take advantage of our superior underwriting, claims and in-house risk Focus on commercial ship construction engineering services. Annual yard covers and specialty singleton builds The marine products we offer complement our existing construction Third party liabilities and energy product offerings in the USD 5 million capacity – primary London/UK, Continental Europe and USD 25 million capacity – excess Middle-East markets. Preferred segments – ship repairers, Ocean cargo terminal operators, charterers (cargo USD 100 million capacity owners’ interests) Principle focus on machinery and bulk commodity risks (oil, gas, petrochemicals and mining) Storage risks underwritten when ancillary to transit risk Integrated packages to combine property and casualty coverage for regional /commercial general cargo business Oil, Gas, Petrochemical Power generation and Chemical (OGPC) We are able to offer global capacity Our highly experienced OGPC team principally on a quota share basis in provides cover for ‘all risks’ property supporting multinational or indigenous damage and resulting business account-specific programmes. Capacity interruption on a worldwide basis. Cover is granted either on a lead basis or is available on a quota-share basis in following other recognised leading supporting multinational or indigenous market practitioners. account-specific programmes. Capacity Cover is provided for ‘all risks’ property is granted either on a lead basis or damage, machinery breakdown and following other recognised leading business interruption. market practitioners. Target markets Target markets Steam turbine power plants Oil: refining, gasoline plants, terminal operations, oil lease properties, Gas turbine technology including compressor stations/pipelines, coal integrated gasification and combined gasification, synthetic fuels, oil shale cycle generation and tar sands, onshore drilling and Internal combustion engines work-over rigs, asphalt facilities Desalination installations Gas: LPG and LNG facilities, industrial Renewables: gases, underground gas storage, gas – hydroelectric terminals – geothermal Petrochemical and chemical: ammonia/ – wind methanol/synthetic fertiliser plants, – solar syngas plants, various petrochemical and chemical operations Line size Pharmaceutical: manufacturing of Up to USD 150 million prescription drugs, compounding and packaging of health and beauty aids Capacity Up to USD 150 million
One of our greatest strengths is the first-class in-house claims handling service we provide our policyholders in the event of a loss. Risk engineering Claims service Our risk engineering approach is One of our greatest strengths is the fundamental to our underwriting strategy first-class in-house claims handling and the development of long-term service we provide our policyholders relationships with clients. Together in the event of a loss. Our dedicated with our underwriters, our in-house risk marine, energy and construction claims engineers work with clients to identify specialists include loss adjusters, claims exposures, assess risk and provide handlers and qualified lawyers. They align recommendations on a wide range themselves closely with our underwriters, of loss prevention and control issues. risk engineers, brokers and clients Integrating our underwriting and risk allowing us to respond immediately to engineering teams allows us to provide reduce losses and settle claims quickly. clients with a holistic and cutting edge insurance solution.
Together with our underwriters, our in-house risk engineers work with clients to identify exposures, assess risk and provide recommendations on a wide range of loss prevention and control issues. Contact us
UK Michael Gosselin Ian Robb Head of Onshore Energy, Power & Construction Senior Vice President Global Risk Engineering T: +44 (0)20 3758 0175 T: +44 (0)20 3758 0168 M:+44 (0)7747 791 505 M:+44 (0)7785 947 906 E: [email protected] E: [email protected]
Paul Sankey Underwriting Manager Oliver Newick Onshore Energy, Power & Construction Global Technical Leader MEC Claims T: +44 (0)20 3758 0157 T: +44 (0)20 3758 1247 M:+44 (0)7900 246 872 M:+44 (0)7917 610 645 E: [email protected] E: [email protected]
Mike Robertson Paris Head of Power Generation & Heavy Industries Didier Robin Vice President T: +44 (0)20 3758 0159 Property, Energy and Construction Manager M:+44 (0)7799 894 308 T: +33 (1)5305 9079 E: [email protected] M:+33 617 650 194 E: [email protected] Darren Smart Underwriting Manager Onshore Energy, Power & Construction Laurence Hautefeuille T: +44 (0)20 3758 0158 Marine Underwriting Manager M:+44 (0)7799 724 106 T: +33 (1)5305 9073 E: [email protected] M:+33 635 431 052 E: [email protected] Richard Williams Underwriting Manager Civil Construction Madrid T: +44 (0)20 3758 0167 Jose Luis Ruiz Poveda M:+44 (0) 7803 500 970 Vice President Energy and Construction E: [email protected] T: +34 915 92 38 84 Richard Pursey M:+34 618 30 59 26 Head of Exploration & Production E: [email protected] T: +44 (0)20 3758 0280 Dubai M:+44 (0)7789 926 991 E: [email protected] Shazia Rafique Vice President Energy Oil & Gas Chris Touhey Manager Europe/MENA T: +971 4 302 8004 Exploration & Production M:+971 50 653 9765 T: +44 (0)20 3758 0276 E: [email protected] M:+44 (0)7825 953 946 E: [email protected] Sean Pearson Assistant Vice President Construction Mike Nukk T: T: +971 4 302 8005 Underwriting Manager Marine M: +971 56 174 8229 T: +44 (0)20 3758 0275 E: [email protected] M:+44 (0)7787 240 758 E: [email protected] About Liberty Liberty Mutual Insurance Group (LMIG) We provide underwriting expertise in is a Boston based diversified insurer with energy liability and terrorism in addition operations in 30 countries and economies to our offering of marine, energy & around the world. construction. For a full list of products, please visit: libertyspecialtymarkets.com Liberty Specialty Markets, part of LMIG offers specialty and commercial insurance and reinsurance products across key UK, European, Middle East, US and other international locations. Liberty Mutual Insurance Group Liberty Mutual Insurance Group
$124.3bn $39.6bn Consolidated Annual assets consolidated over approx revenue 5 0,000 9 00 employees offices worldwide 3rd largest 78th on Standard property & & Poor’s casualty 8 US Fortune A rating ‘A’ insurer in US 1 00 list (Strong)
As at June 2015
As at June 2015
libertyspecialtymarkets.com
Liberty Specialty Markets is the trading name for: Liberty Managing Agency Limited (LMAL) for and on behalf of the Lloyd’s underwriting members of Lloyd’s syndicate 4472 (Syndicate 4472); Liberty Mutual Insurance Europe Limited (LMIE); Liberty Syndicate Services Limited (LSSL); and Liberty Specialty Markets MENA Limited (LSMM). LMAL, LMIE and LSSL are UK companies (company numbers 3003606, 01088268 and 04845458 respectively), whose registered office is at 20 Fenchurch Street, London EC3M 3AW. LMAL and LMIE are authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the PRA (reference numbers 204945 and 202205 respectively). LSMM (DIFC Licence No 1794; registered office: Unit 408, Level 4, Gate Village Building 5, DIFC, PO Box 506574, Dubai, UAE) is regulated by the Dubai Financial Services Authority (firm reference F002783). LSSL is an Appointed Representative of LMAL and LMIE. LSSL and LSMM are both authorised service company coverholders, with authority to enter into contracts of insurance on behalf of Syndicate 4472, which is managed by LMAL. LSSL and LSMM have authority to enter into contracts of insurance on behalf of LMIE. LMAL, LMIE, LSSL and LSMM are all part of the Liberty Mutual Insurance group of companies. When we offer insurance products to you (the policyholder) we will make sure we tell you which insurer in our group will underwrite the policy. © 2015 Liberty Managing Agency Limited MEC400-07-15