A major Insurance Seminar on Oil and Gas is set for Tuesday at the Kingston, Georgetown Pegasus Hotel. The seminar, which will continue until Thursday, is one that has been organised by Marsh UK and its local affiliate P&P Insurance Brokers.
Marsh is a global leader in insurance broking and innovative risk management solution. The company helps its clients to quantify and manage risk and help them to unlock new opportunities for growth.
Moreover, Marsh is the world’s leading provider of risk management and risk transfer advice and its Energy and Power practice is the world’s leading provider of Risk management and Risk transfer advice to Energy companies worldwide. The seminar itself is based on the Marsh/ Chartered Insurance Institute (CII) accredited formal training programme for the Oil and Gas Industry. The CII is the leading insurance professional development organisation in the United Kingdom.
Already, the planned seminar has attracted 60 delegates drawn not only from the local Insurance industry but also from the Office of the Insurance Regulator, Department of Energy, Ministry of Presidency, and The Environmental Protection Agency.
The seminar, which will be conducted by senior executives from Marsh’s London energy practice, will cover such topics, including: an overview of Company Energies and Insurance Market, Risk Identification and Evaluation, Drilling Risk and Control of Well, Upstream and Downstream Liabilities, Offshore Construction, Upstream Operational Insurance, Offshore Business Interruption (LOPI), Energy Policies Wordings and Claims, FPSO Insurance, Risk Management and Downstream Operational Insurance.