OEE / CONTROL OF WELL2020-05-13T18:09:11-05:00

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

Misty Delph, CIC, Sr. Underwriter

Connie Garrett, CPCU, AVP Casualty

Tracey Le, Underwriter

Travis Jordan, Underwriter

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

Jeremy Fyhn, Senior Underwriter

Pam Roberts, Underwriter

Brad Nehring, Chief Underwriting Officer

GSR’s Upstream and WELLSURE® programs deliver a suite of essential services through our strategic partnership with Boots & Coots, one of the world’s premier well control companies:

  • 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

Please contact:

Chris Zuniga – Claims Manager

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