The UIB Energy division provides insurance placement services in all areas of Upstream and Downstream Energy activities. We also provide Risk management services through our dedicated engineering team, Engineering Risk Consultants (ERC).

Our success has developed through gaining a strong understanding of our clients’ requirements and an understanding of all aspects of their business.

Throughout the team we have experience in broking, underwriting and risk engineering, which ensures that we have the expertise required to identify the risks of our clients’ business and provide all insurance solutions.


The Energy division works closely with clients to dispense relevant and up-to-the-minute advice on energy insurance developments globally and offer the highest levels of personal service available from a dedicated team who understand the complexity and requirements of upstream operating risks.

The Energy team thrives on establishing mutually beneficial rapports where we can bring our unique expertise in meeting clients’ distinct challenges and in placing business with highly competitive pricing and terms.

UIB has developed close market relationship with all key carriers along with excellent understanding of market practice and regulatory requirements.

The Energy division combines its broking, marketing, servicing and claims capabilities with UIB’s in-house engineering consultants for technical expertise to devise risk-specific programme design and development, including multi-stage project risk packages tailored to the unique requirements of each client.

Knowing how insurers operate enable the Energy Claims team to recommend clients on the most appropriate claim strategy for Upstream and Downstream energy risks as well as CAR/EAR, business interruption, property and liability policies and ensure swift claims settlement through close support to all interested parties. The Energy Claims team facilitates quick and effective resolution through sustained liaison and the provision of relevant information pertinently formatted to insurers.

Unique risks require very precise policy wording. The Energy team consists of experts in their field with a wealth of experience in dealing with a wide variety of specific risks where various factors need to be carefully considered. Whether the policy is intended to safeguard against loss of income, to protect future income, to indemnify a beneficiary or to achieve financial stability, we will source the most appropriate, reasonable and comprehensive cover.


Energy companies operate in a high risk world, often in the most hostile environments. There is increasing pressure to deliver low emission products and investment in technological developments while facing the constant challenge of maintaining profitability against the backdrop of volatile oil prices.

Appropriate risk management and secure, cost-effective insurance coverage placed with internationally renowned specialist reinsurers are key components for stability and success. UIB Energy has developed a worldwide reputation for technical skill and integrity when acting for energy project partners to analyse, design and place comprehensive risk solutions.


The UIB Energy Upstream division combines knowledge and expertise with hands-on experience to individually assess each risk and its complex technical requirements. We draw upon a depth of experience in complex risks and geographically challenging areas to deliver industry leading results and service to all our clients and continue to build a strong reputation within the Energy Upstream sector where we handle:

Control of Well
Loss of Production Income
Mobile Drilling Units
Onshore and Offshore Upstream Property
Exploration, development, distribution and construction phases for oil and gas

Innovative risks solutions for energy risks are devised and adapted to various locations throughout the world through technical knowledge and ‘on the ground’ local expertise in the following sectors:

  • Public/Products Liability
  • Employers’ Liability
  • Pollution Liability
  • Environmental Impairment Liability
  • Professional Indemnity / Errors and Omissions
  • Product Recall and Guarantee Insurance
  • Directors’ and Officers’ Liability
  • Cyber Liability
  • Accident and Health
  • Event Cancellation Insurance
  • Medical Malpractice Insurance


Our client base reflects the global scale and scope of the energy industry. The Energy Upstream team provides covers in the following areas:

National Oil & Gas companies

Independent Oil & Gas companies

Onshore and offshore exploration & production companies

Offshore construction contractors

Oil equipment manufacturers (OEMs)

Integrated Oil & Gas companies

Oil Service companies

International Oil & Gas companies

Onshore and offshore drilling contractors

Onshore and offshore oilfield service companies


The size and scale of downstream energy and power generation projects require an insurance broker with global capabilities. UIB Energy, with an international network of offices and strong relationships with insurers worldwide, draws on many years of experience to address complex technical risk issues and develop cost-effective risk and insurance solutions.

In conjunction with our risk engineering team (ERC) we will evaluate the insurance risk exposure and create a tailored insurance product that most efficiently cover our clients’ needs.


The UIB Energy Downstream division, which also includes Power Generation expertise, utilise their professionalism, technical knowledge, ‘on the ground’ local expertise, industry experience and strength in-depth when servicing clients.

Each client’s particular and unique circumstances are met with expert solutions, comprehensive advices, tailored wording and, wide ranging covers to ensure maximum cover when developing innovative risks solutions for energy and power risks throughout the world, including:

All Risks of Physical Damage
Construction/Minor Works
Natural Catastrophe
Malicious Damage
Named Perils
Machinery/Electrical Breakdown
Terrorism/Strikes, Riots and Civil Commotion
Time Element/Business Interruption/Contingent Business Interruption
Seepage and Pollution on a sudden and accidental basis or gradual occurrence


Our client base reflects the global scale and scope of the energy industry. The Energy Downstream team provides covers in the following areas:

Fertiliser, lube oil plants

Power Generation

Hydroelectric Power

Renewable Energy

Petrochemical Plants

Hydrocarbon Storage Facilities/ Terminals

Onshore Pipelines

Refining, processing & distribution phases for oil and gas operating risks

Gas processing plants





To learn how our Upstream/Downstream Energy team’s expertise can benefit you, or for further information please contact:

UIB Insurance Brokers (India) Private Limited
IRDA Licence Number : 410 (Composite Broker)
License Valid till : 29th March 2026.
CIN No : U66030MH2009PTC195794

© 2022 UIB Insurance Brokers (India) Private Limited.