Energy Upstream

United Insurance BrokersCapabilities overview

2 Capabilities Overview | Energy Upstream

United Insurance Brokers Ltd Energy Upstream

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 insurers with robust minimum security requirements 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.

About UIB Energy - UpstreamUIB Energy consists of two separate servicing teams split into downstream/power generation business and upstream business. UIB Energy - Upstream division handles:

y Exploration, development, distribution and construction phases for oil and gas

y Platforms y Mobile Drilling Units y Pipelines y Rigs both onshore and offshore y Control of Well y Loss of Production Income

A global partnerThe size and scale of upstream 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.To supplement our expertise, our primary technical risk surveys are carried out by Engineering Risk Consultants (ERC), a leading international energy risk surveyor.

Coverage placedThe Upstream Energy team’s technical knowledge and ‘on the ground’ local expertise means that UIB has developed innovative risks solutions for energy risks throughout the world, including:

y All Risks of Physical Damage y Construction All Risks/Minor Works y Liability/Casualty y Machinery Breakdown y Natural Catastrophe y Onshore and Offshore Operators Extra Expense y Platform de-commissioning and removal y Removal of Wreck y Seepage & Pollution – sudden & accidental

or gradual occurrence y Strikes, Riots and Civil Commotion y Sue and Labour y Time Element/Business Interruption/

Contingent Business Interruption y Transit/Storage y War/Terrorism

“Personal service from a dedicated team who understand the complexity and requirements of upstream operating risks”

Capabilities Overview | Energy Upstream 3

United Insurance Brokers Ltd Energy Upstream

Why UIB EnergyBy appointing UIB Energy as your specialist upstream risk and insurance broker, you will receive:

y Up-to-the-minute impartial advice on energy insurance developments globally

y Personal service from a dedicated team who understand the complexity and requirements of upstream operating risks led by a senior account director

y Risk-specific programme design and development, including multi-stage project risk packages

y Pro-active in house claims management and specialist support

y A partner who is committed to supporting your operations

United Insurance BrokersUIB Group is one of the largest privately-owned independent international insurance and reinsurance brokers head-quartered in London. UIB Group’s team boasts over 20 nationalities. Supported by a network of local offices, and strategic business partners, UIB provide clients with the platform to access insurance and reinsurance markets globally. UIB Group clients benefit from a dedicated and exceptionally culture sensitive team of specialists who can provide global solutions supported by a personal drive and focus for which UIB has established an unrivalled reputation.Over time the UIB Group has established and sustained strong relationships with its client base and built a strong network through its international arm, UIB International, and UIBL’s own strategic offices. The result is local expertise with global capability to deliver specialist know-how, strategic risk management advice and outstanding claims management. The founding directors, many of whom are still active in UIB, have worked together since the 1970s providing a depth of knowledge and continuity seldom seen in the insurance business today.The accredited Lloyd’s insurance broker and UIB Group’s centre of excellence for specialty business is United Insurance Brokers Limited (UIBL). The ethos of UIB, from the very beginning, has been client focused: listening carefully to clients’ concerns and their requirements, striving to meet those needs and delivering the appropriate products and professional service.

This document is intended merely to highlight issues and not to be comprehensive, nor to provide legal or other advice. United Insurance Brokers Limited (UIBL) accepts no responsibility for loss which may arise from relying on information contained in this presentation.

The contents of this document are protected by copyright under international conventions. You may read it and make copies for your own personal use. You may also give copies (in paper or electronic form) of reasonable extracts on an occasional basis free of charge to others for their personal use, on terms that (i) UIBL is acknowledged as the source, (ii) the text is not altered in any way, and (iii) the attention of recipients is drawn to this notice. Except with the prior written consent of UIBL all other use and copying of any of the contents of this presentation in any way are prohibited.

© United Insurance Brokers Limited 2021. All Rights reserved.

United Insurance Brokers Ltd69 Mansell Street, London, E1 8AN

T: +44 (0)20 7488 0551 | W: www.uib.co.ukUnited Insurance Brokers Limited is authorised and regulated by the Financial Conduct Authority, firm reference number 307812.

The company is registered in England and Wales, registration number 2034497. Registered office: 69 Mansell Street, London, E1 8AN.

UIB Energy Upstream contactsPlease contact us to discuss your insurance requirements.

Robert Brundrett – Associate Director – Head of Upstream EnergyT: +44 (0)207 264 1631E: rpb@uib.co.uk

Marc Perrin – Executive Director - Head of Energy & ConstructionT: +44 (0)20 7264 1690E: mep@uib.co.uk

Robin Culligan – Associate Director T: +44 (0)20 7264 1651E: rxc@uib.co.uk

Anne Dunin – Senior Account Executive T: +44 (0)20 7264 1611E: amd@uib.co.uk