WHAT WE DO / INSURANCE & REINSURANCE / ENERGY INSURANCE
As the search for renewables moved offshore, it was natural for a firm with a strong marine insurance reputation to follow suit. Today, the energy industry, both on and offshore, poses some of the greatest challenges to the insurance market.
Ince & Co’s lawyers act for insurance buyers in the energy industry, in particular contractors, and for certain insurers, across a range of high value onshore risks. The offshore aspect ofthe practice spans a range of casework deriving from contractors, oil and gas traders and the energy insurance market itself, from almost pure marine risks such as collision and salvage through to issues such as control of well. The nature ofthe underlying issue varies from the catastrophic (Piper Alpha and the Alexander Kielland) to the day-to-day incidents associated with a heavy industry operating in harsh conditions and at the cutting edge of technology.
We are widely recognised as the ‘go to’ firm on the technicalities of this type of insurance and are frequently instructed to engage in policy and programme reviews for corporate policyholders and insurers, on contracts covering everything from drilling rigs to there insurance of offshore liabilities. Energy insurance matters are handled by lawyers from across the firm’s insurance and energy practices.