Trusted Energy Insurance Agency
Whether your company is upstream, midstream, or downstream, Bowen, Miclette & Britt Insurance Agency, LLC can help you find affordable coverage for your operations in the energy industry. Throughout the years, we have developed a strong reputation with prominent global underwriters, giving us an edge over our competition to provide extensive insurance protection at competitive price points — added value our clients deserve.
Risk Management Solutions for the Energy Industry
Energy companies operate in highly volatile markets. Global regulations evolve, supply and demand needs fluctuate, and political agendas influence decision-making. One day could look vastly different from the next, leaving energy organizations susceptible to financial loss.
Inherent risks professionals may encounter in the energy sector include:
- Oil and gas well blowouts
- Cybersecurity threats
- Environmental exposures
- Fracking risks
- Pollution liabilities
- Property losses
- Injuries
- Natural disasters
Oil and gas insurance is necessary to secure business operations against numerous uncertainties. As a top-rated consultant, BMB takes pride in designing and implementing programs that build savings, enhance protection, and transfer risk. Our team works with various businesses, from giant, publicly traded enterprises to small, family-owned operations. Our clientele includes Oil & Gas Exploration and Production, Oilfield Services and Construction, Drilling and Completion, and Pipeline and Refining Operations.
Coverage Options for the Energy Industry
Customers have come to rely on our team of professionals, including our risk management division, BMBRisk, to provide them with the assistance and resources they need to mitigate their exposure to risk most cost-effectively. We service both onshore and offshore energy risks of all sizes and stages of growth.
Our agents work with businesses to identify risk-susceptible areas and search the market for reliable carriers that provide competitively priced coverage.
Our team has experience finding energy insurance types such as:
- Control of Well/Operators Extras Expense
- Pollution Liability
- Physical Damage (offshore and onshore)
- Primary Liability with industry-specific endorsements
- Excess Liability
- Loss of Production Income
- Rig Physical Damage
- Cargo Insurance
- Contractors Equipment (onshore, offshore, and energy contractors)
- Oil Spill responsibility (OPA 90)
- Maritime Employer Liability
- USL&H
- Jones Act
- Charterers Legal Liability
- Hull/Protection & Indemnity
- International Risk Placement
- Specialty Tool/Down Hole Tool Coverage
A Sampling of the Specialized Bonds offered:
- Operators Bonds
- Plugging and Abandonment Bonds
- Right of Way Bonds
- Geophysical Exploration Bonds
- Federal, State, and Local bonds
Expertise for the Oil and Gas Supply Chain
With our team at BMB, energy professionals can conduct business knowing they have a team to support their financial interests. Our agents address the entire supply chain, performing a needs assessment to understand the circumstances better.
Our team is our greatest asset, providing a unique consultative approach to ensure full-scale coverage for all contingencies. We aim to strengthen internal risk management efforts to protect supply chains and reduce liabilities through comprehensive insurance programs. We utilize our expertise, innovative technology, and advanced data analytics to provide specialized, end-to-end services, including:
- Loss Control: Our representatives conduct on-site evaluations to determine liabilities from personnel, equipment, or natural causes.
- Litigation Consulting: BMBRisk creates, reviews, and revises business contracts to assess and limit potential risk.
- Claims Management: Our claims managers generate detailed reports on open claims cases, strategically manage reports, and conduct file audits to identify strengths and areas needing improvement.
The BMB Difference – Oil and Gas Insurance in Houston
Bowen, Miclette & Britt provides businesses nationwide and beyond with personalized solutions to manage and mitigate risk. As one of the top independent insurance agencies in the nation, we have the technology and personnel to deal with the energy industry’s unpredictable nature. Our clients depend on our knowledge, vision, accountability, and service for cutting-edge, personalized risk management solutions.
Our client commitment sets us apart. We provide premium services while maintaining the intimate, small-firm values our organization was built on. We continually foster relationships that provide our clients with real-world business advantages, resulting in a 95% client retention rate.
Contact Our Team for Oil and Gas Liability Insurance
Whether your needs are domestic or international, our team is committed to our clients and has the expertise to handle your most complex and specialized energy risks.
