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Offshore Construction Risks (CAR)

We write a worldwide book of construction projects associated with the exploration and production industry.

 

  • Overview

    All types of project will be considered from the large projects involving the construction of complexes or multiple installations to smaller offshore projects with short construction periods.  We also offer capacity for new build/conversion of drilling units (i.e. semi-subs, jackups and drillships) or floating production, storage and offloading units or enhancements to existing facilities such as work to platform infrastructure and sub-sea tie-backs (flowlines and pipelines).

    We cover physical damage to the project works as well as associated Third Party legal and contractual Liability (which may also include damage to existing property).

  • Territories

    We write business on a worldwide basis.  From fabrication / construction yards across the globe, in particular in the Far East, via transportation across international waters, to final installation sites.  Our clients are domiciled across the globe including Europe, North America, West Africa, South America, Middle East, Far East and Oceania.  Projects are equally spread with many located in North Sea and Gulf of Mexico.

  • Risk appetite

    We seek to write a good spread of business  offering a meaningful maximum line size of USD 45 million any one risk (all classes except Gulf of Mexico).

  • Distribution

    Our flexibility and entrepreneurial approach allows us to write business via a variety of distribution channels, risk transfer mechanisms utilising our extensive international network.  All  business is transacted through Lloyd’s registered brokers.

  • Our expertise

    Our well-respected energy team has considerable experience accumulated over decades having undertaken numerous roles within the industry including risk management, broking, claims handling and, of course, underwriting.  This provides them strong technical and practical knowledge as well as a comprehensive network of relationships within the market.  This unique understanding of construction risks, backed by superior modelling capabilities, actuarial discipline and a specialist claims team, gives us the ability to provide swift decisions which is welcomed by brokers and insurance buyers.

    Our Offshore Construction account is headed by Bruce Rodger, the Technical Head of Marine & Energy, who’s career spans over 30 years in the industry.  Bruce has undertaken several different roles directly related to a variety of offshore construction projects.  In particular, when working as a risk manager for a large oil company, his duties encompassed responsibility for projects in the North Sea and Caspian Sea including chairmanship of to a joint venture risk management committee for two high profile projects. This unique experience allows Argo to view risks from a risk management perspective understanding the myriad of issues which arise from complex projects of which risk transfer is a small but vital element to the success of the venture.

Management

Steve O'Gorman
Head of Marine and Energy

Team Biography:

Steve O'Gorman

Steve brings more than three decades of marine insurance experience to ArgoGlobal. He joins from CNA Insurance where he served, most recently, as European Underwriting Director – Transport & Logistics. In this role, he was responsible for building and launching an underwriting department, which quickly grew to a team of nine underwriters writing over $20m in premium. Prior to this, he served as European Underwriting Director for the renewable energy department. Steve began his insurance career in 1984 as a Marine Hull, Cargo and Liability Broker at Sedgwick, progressing to Associate Director of the Cargo division before joining CNA as a Senior Underwriter for marine cargo in 1997.

DD: +44 (0)20 7712 7694
M: +44 (0)7931 865 013
Steve.OGorman@argo-global.com

Underwriters

Bruce Rodger
Technical Head of Marine & Energy

Team Biography:

Bruce Rodger

Bruce has over three decades of insurance market experience. He began his insurance career at Prudential, as Marine Hull Underwriter. He then spent five years at Sedgwick before joining BP’s Finance Department where he undertook the roles of Captive Underwriter and Risk Manager. In 2004, he joined broker Cooper Gay where he was Divisional Director and Head of the Upstream Energy book. Reverting back to his underwriting career he joined Omega Managing Agency Ltd in 2009, before joining ArgoGlobal in 2011 as Energy Class Underwriter before becoming Technical Head of Marine and Energy at the end of 2015.

DD: +44 (0)20 7712 7547
M: +44 (0)7827 329327
bruce.rodger@argo-global.com
Thomas Tidbury
Class Underwriter

Team Biography:

Thomas Tidbury

Thomas joined ArgoGlobal in 2012 from Cooper Gay, where he spent six years broking upstream and downstream energy at Lloyd’s. He graduated from Exeter University with a degree in Business and Economics and is currently studying for his ACII.

DD: +44 (0)20 7712 7564
M: +44 (0)7719 824557
thomas.tidbury@argo-global.com
Robert Dobson
Marine & Specialty Claims Manager

Team Biography:

Robert Dobson

Robert  joined ArgoGlobal In January 2013 in the role of Marine & Speciality Claims Manager from Aon, where he held the position of UK Marine Claims Director. He has over 30 years experience in the Marine Insurance Industry, handling Cargo, Marine Liability, Hull, Yacht & Energy claims. Robert began his career with Sun Alliance & London as a Marine Claims trainee & thereafter worked for London Market Insurance Companies and Adjusters, including Chubb Insurance, where he held the position of European Marine Claims Manager. Robert is an Associate of the Chartered Insurance Institute and a Chartered Insurer.

DD: +44 (0)20 7712 7623
robert.dobson@argo-global.com