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Energy Insurance and Risk Management

Energy Insurance and Risk Management

  • 30 Day Money Back Guarantee
  • Completion Certificate
  • 24/7 Technical Support

Highlights

  • Delivered Online or In-Person

  • Delivered at your location

  • UK & International Requests Considered

  • Two days

  • All levels

Description

About this Training

Energy insurance is a type of insurance designed to protect businesses that work in the energy industry. This type of insurance covers a wide range of risks that are unique to the energy industry, such as damage to oil rigs, power plants, pipelines, or other energy infrastructure, as well as accidents, explosions, fires, and environmental damage. Energy insurance can also provide coverage for business interruption caused by unforeseen events that can disrupt energy production or supply, such as natural disasters, equipment breakdown, and cyber-attacks. It may also include coverage for liability and loss of income resulting from lawsuits and legal claims.

Training Objectives

Upon completion of this course, participants will be able to:

  • Understand the risk sharing between oil companies and contractors

  • Know how this is dealt within the insurance products available

  • Understand insurer's perception of risk

  • Create awareness of how market insurance products meet industry needs

  • Be familiar with insurer's pricing methodologies

  • Better understanding of the broker interface

  • Understand technical evaluation of the coverage wordings

  • Putting technical knowledge into practice with claims workshop

Target Audience

The course is intended for individuals who work in the energy industry, particularly those who are involved in managing risk or making decisions related to insurance coverage. The following personnel will benefit from the knowledge shared in this course:

  • Insurers

  • Brokers

  • Adjusters

  • Lawyers

  • Risk Managers

  • Treasury

  • Contracts

  • Legals

  • Contract Adjustor

  • Project Managers

Course Level

  • Basic or Foundation

Trainer

Your expert course leader has worked in the insurance sector for 59 years. He has worked as a broker for reputable firms, such as Marsh, where he served as the managing director of Energy Construction. He has also participated in peer review for different Lloyds Syndicates. He also served as a broker for Sedgwick, AAA, and Miller in the offshore energy sector. He has helped businesses including Shell, BP, Chevron, ConocoPhillips, Petrofina, Woodside, ENI, and Brunei Shell for their policy reviews during his career.

POST TRAINING COACHING SUPPORT (OPTIONAL)

To further optimise your learning experience from our courses, we also offer individualized 'One to One' coaching support for 2 hours post training. We can help improve your competence in your chosen area of interest, based on your learning needs and available hours. This is a great opportunity to improve your capability and confidence in a particular area of expertise. It will be delivered over a secure video conference call by one of our senior trainers. They will work with you to create a tailor-made coaching program that will help you achieve your goals faster.

Request for further information post training support and fees applicable

Accreditions And Affliations

About The Provider

We are proud to announce that Petroedge and PowerEdge, two leading training companies in the energy industry, is now called EnergyEdg...

Read more about EnergyEdge - Training for a Sustainable Energy Future

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