Glencairn

Energy

Glencairn Energy was borne out of a concern that the choice of energy services provided in the wholesale broking market had narrowed considerably as a result of broker consolidation. Our team has the experience of servicing energy clients ranging from Offshore Drilling Contractors, E&P Companies, Transmission Companies, Utility and Refining Operations to Marketing Businesses. We offer several points of access to the London and Worldwide Energy Insurance Markets. Clients can access us directly or via any of the Global Special Risks (GSR) offices. GSR is a key associated company and an integral part of Glencairn Energy’s product and service offering. Based in Houston, Dallas and New Orleans, GSR provide a range of in-house facilities placed by Glencairn Energy which are available to all Retail Brokers.

Glencairn Energy’s products include:-

• Wellsure®. This facility offers coverage for Control of Well, Redrilling, Seepage and Pollution, Physical Damage and Liability interests for limits of up to US$75,000,000 (100%). The security is 100% Lloyd’s and London Insurers. This programme is designed for Oil and Gas Lease Operators and offers all the foregoing coverages alongside preventative and post event well control services provided by Boots & Coots at no additional cost to the Assured.
• Control of Well, Redrilling, Seepage and Pollution and Removal of Wreck expenses for limits of up to US$20,000,000 (for 100%). Combined General Liabilities cover is also offered.
• Primary General Liability cover for US corporations with overseas operations for limits of US$10,000,000.
• Deepwater cover targeting structures in water depths excess of 1,000 feet. This product offers a US$100,000,000 All Risks limit with a US$100,000,000 Named Windstorm aggregate, subject to a loss trigger limit.
• All risks cover of up to US$100,000,000 available to owners of high value Drill Ships and Semi Submersible Drilling Units, subject to a loss trigger limit.