OVERVIEW
E&P clients require balance sheet protection for the exploratory and developmental wells they drill. GSR provides insurance products and engineering support services that deliver this protection.
Target Classes:
Specifically designed for U.S. land based Oil & Gas Lease Operations and Non-Operators
Coverage Features & Benefits:
Provides coverage for Operators Extra Expense (OEE), General Liability, Umbrella & Gradual Pollution
Operators Extra Expense (OEE):
- Up to $10M combined single limit
- Up to $5M limit for Care, Custody, & Control (CCC)
- Loss Prevention services
- Strategic relationship with Boots & Coots incorporating Loss Prevention Services and Post Event Services
- Critical Well Assistance – Operators are eligible for up to 72 hours of free engineering assistance from Boots & Coots who will mobilize to the wellsite
- “Pay on Behalf of” as opposed to an indemnity agreement
- Approved/agreed invoices paid directly to vendor(s)
- Invoice compilation and tracking
- Pre-Approved vendors and pricing
- Field procurement and logistics
General Liability:
- S&A 30 day discovery/120 days reporting period
- Pollution Clean-Up Costs Endorsement
- Underground Resources & Property Damage
- Hired & non-owned auto coverage available
- Limits $1M per occurrence/$2M aggregate
Umbrella:
- Full follow form including S&A Pollution
- Excess can write GL and other liability coverages
- Limit up to $25M
NEW-Gradual/Site Pollution:
- Limits up to $10M
- Minimum premium $17K legal liability
CONTACT ONE OF OUR EXPERIENCED UNDERWRITERS
Brad Nehring, CUO
- 713-260-1030
- brad.nehring@gsrum.com
Misty Delph, CIC, Sr. Underwriter
- 713-260-1023
- misty.delph@gsrum.com
Connie Garrett, CPCU, AVP Casualty
- 713-260-1038
- connie.garrett@gsrum.com
Tracey Le, Underwriter
- 713-260-1021
- tracey.le@gsrum.com
Travis Jordan, Underwriter
- 713-260-1020
- travis.jordan@gsrum.com
Target Classes:
Specifically designed for Worldwide Oil & Gas Lease Operators and Non-Operators both Onshore and Offshore and who may require significant risk management services.
Coverage Features & Benefits:
- Up to $75M Combined Single Limit, higher capacity available upon request
- Up to $65M limit for Care, Custody, and Control (CCC)
Strategic Partnership with Boots & Coots incorporating loss prevention and post-event response services:
Loss Prevention:
- Critical well assistance – Up to 72 hours of free engineering assistance from Boots & Coots performed either remotely or in person at the wellsite depending upon incident severity
- Wellsite audits – onshore & offshore including tubing, rig flow back, snubbing, workovers, completions, wellhead, and Frac
- Risk assessments
- Emergency Response Plans
- Well Control contingency plans
- Well plan reviews
- Other tailored services as may be requested by the client
Loss Response:
- “Pay on Behalf of” as opposed to an indemnity agreement
- Equipment procurement and logistics
- Pre-approved vendors and pricing agreements
- Blow-Out management team mobilized with one phone call
- Invoice compilation and tracking
- Direct invoice payment to vendors and underwriters
CONTACT ONE OF OUR EXPERIENCED UNDERWRITERS
Helen Tarr, SVP
- 713-260-1032
- helen.tarr@gsrum.com
Jeremy Fyhn, Senior Underwriter
- 587-390-8555
- jeremy.fyhn@gsrum.com
Pam Roberts, Underwriter
- 713-260-1033
- pam.roberts@gsrum.com
Brad Nehring, Chief Underwriting Officer
- 713-260-1030
- brad.nehring@gsrum.com
- 24 Hour dedicated contact line for claims or other needed services:
- Free Engineering Services:
- 48 Hours (Upstream Solutions)
- 72 Hours (WELLSURE®)
- Loss Prevention Services
- Post Event Services
- Emergency Response
- Critical Well Assistance – will Mobilize to Wellsite
- Well Control Contingency Plan
- Well Plan Review
- Risk Assessment
- Wellsite Audit – Onshore or Offshore
- Continuing Education Services
GSR is dedicated to providing our agent partners superior claims service for all client claims-related activities.
Our Claims department is located in our main office in Houston. We are available to work alongside our agent partners in all aspects of the claims process including:
- 1st Notice of Claim Reporting
- Ongoing status of Open Claims
- Work directly with our Underwriters for any coverage discussions
- Act as a single point of contact for the entire claim settlement process