Bowood’s Marine and Energy Division provides independent wholesale expertise and services to a worldwide network of retail brokers. We specialise in the Oil and Gas and related Marine Service industries.

We have great depth of knowledge of all classes of marine and energy insurance which, together with a dynamic and innovative approach to our business, makes us a leading wholesale choice within our specialist field.

We believe that our clients are best served by an integrated approach to our services with the broking, technical and claims aspects of business working closely in unison. Only by intimate understanding of all elements of the insurance process can we strive to exceed our clients' expectations. More>>

Underwriting discipline today requires far more transparency of information and analytical deliberation. We have gained the confidence of our markets by delivery of a high standard of written risk presentation, intimate understanding of our clients' business, skilled face to face negotiations and a proven ability to deliver quality business to the market. This has developed strong relationships with key underwriters in the marine and energy markets.

The strength of our business is underpinned by client retention. Service is paramount and we ensure that winning the business is not the only role of our senior team members. Their responsibilities extend to involvement with every element of our customers' needs from wordings to premium payments to traditional service values of honest and clear advice. Our technical team is at the forefront of the London market's drive for efficiency and we embrace technology, continually striving to create systems that improve the levels of service to our clients. Our senior brokers also interface closely with our dedicated Bowood claims resources to ensure smooth and timely conclusion to the claims process.

The Marine and Energy team offers a broad range of insurance products to the Energy and related Marine Service Industries.

  Target Business

The Marine and Energy Division’s target business covers a wide range of activities principally involved with the Oil and Gas industry and more specialist maritime industry operations.

Energy
Drilling and Service Contractors
Exploration and Production Companies
Onshore Oil Terminals, Distribution and Downstream Operations
Mobile Utilities (Power Barges)
Marine Related Services
Tanker Operations
Oilfield Vessel - Service Contractors
Subsea Service Contractors Vessel and/or Offshore Structure Shipyard Construction
Specialist Marine
Casino Operators (Onshore and Offshore)
Port Authorities
Dredging / Wet Construction Companies
Inland River Tug and Barge Operations
Heavy Lift Operations

  Marketing and Products

We have access to the Lloyd's, European and Bermudan markets. We offer the following products on a mono line basis or, through our integrated approach, we can also provide them on a multi line and cross class package basis.

Hull and Machinery plus ancillary Interests
Loss of Hire
Mortgagees Interest / Mortgagees Interest Additional Perils
War Risks
Terrorism
Political Risks
Building / Conversion Risks
Delay in Delivery
Cargo and Transit Risks including Stock Throughput
Onshore / Offshore Asset Physical Damage / Business Interruption
Control of Well
Primary Marine Liability including :
Mutual Protection and Indemnity
Fixed Premium Protection and Indemnity
Maritime Employers Liability
Stevedores / Wharfingers Liability
Charterers Liability
Terminal Operators Liability
Port Authority Liability
Shiprepairers Liability
Excess Casualty (Marine / Offshore / Onshore Exposures)
Contingency Risks / Trade Disruption
Delegated Authority Programs / Agency Reinsurance for High Volume Mainstream Marine Business.