Insurance conversations for lease operators, drilling contractors, oilfield service companies and the businesses supporting upstream, midstream and downstream operations.
Work locations, contracts, equipment, crews, vehicles and customer requirements all shape the insurance conversation.
Autos, trailers, radius, hauling, drivers and heavy units can become a major part of the program.
MSAs, additional insured requirements, waivers and other contract terms can affect how coverage needs are evaluated.
For lease operators, drilling contractors and oilfield service companies, the details behind the business often determine what matters most to underwriters and how the insurance program should be structured.
Scope of work, MSAs, customer requirements, subcontractors and changes in operations can materially affect the program.
Drivers, radius, hauling, trailers, heavy units, scheduled equipment and maintenance practices deserve focused review.
Environmental exposures, wellsite activity and high-severity loss potential require careful discussion of limits and coverage structure.
Parker can review the existing program, learn how the operation has changed, look at coverage structure and loss history, and identify items worth discussing before renewal or before approaching the market.
