About Oil insurance ltd
Oil Insurance Limited: Protecting Global Energy Assets
Oil Insurance Limited is a mutual insurance company that has been providing comprehensive coverage to the energy industry for over 40 years. With over $3 trillion dollars of global assets insured, Oil Insurance Limited is a trusted partner for more than 50 members who are engaged in energy operations.
The company was founded in Bermuda in 1972 by a group of oil companies who recognized the need for specialized insurance coverage to protect their assets and operations. Today, Oil Insurance Limited continues to be owned and governed by its members, ensuring that their unique needs are always at the forefront of its business strategy.
Oil Insurance Limited offers a range of insurance products tailored specifically to the energy industry. These include property damage and business interruption coverage, as well as liability protection for environmental damage and third-party claims. The company also provides risk management services to help its members identify potential hazards and mitigate risks before they become costly incidents.
One of the key benefits of being a member of Oil Insurance Limited is access to its extensive network of experts in the energy industry. The company's staff includes experienced underwriters, claims adjusters, risk engineers, and legal professionals who have deep knowledge about the unique challenges facing energy companies today. Members can also participate in regular forums where they can share best practices with their peers and learn from each other's experiences.
In addition to providing top-notch insurance products and services, Oil Insurance Limited is committed to sustainability and social responsibility. The company has implemented several initiatives aimed at reducing its carbon footprint and promoting environmental stewardship among its members. It also supports local communities through charitable donations and volunteer work.
If you're looking for an insurance partner that understands your business inside out, look no further than Oil Insurance Limited. With decades of experience serving the energy industry, this mutual insurer has proven time and again that it has what it takes to protect your assets from even the most complex risks. Contact them today to learn more about their products and services.