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Energy

Skuld 1897 at Lloyd's of London, underwrites a broad range of physical damage and liability products. Our Syndicate at Lloyds offers specialist coverage to the marine and energy markets.

Founded in 1897, Skuld is a leading Protection and Indemnity (P&I) insurer to ship owners and charterers.

KEY FEATURES

  • Worldwide coverage available (excluding sanctioned areas)
  • All risks, partial loss and total loss only cover options
  • Excess of LossMax capacity up to US$25m – All interests combined
  • Bespoke underwriting and flexible pricing options
  • Worldwide network of Lloyd's Claims Settling agents
  • A+ rated security for Lloyd's Market business (ratings by Standard & Poor's)
  • Tailored underwriting and pricing based on expert technical evaluation of the operation, the type and value of equipment and the geographical location
  • Turnaround time for new offers within 72 hours (normally within 48 hours)
  • In extreme situations, turnaround time within 24 hours possible.
  • In-house Technical Manager available for assistance in the assessment of risk, particularly from a technical perspective.

RISK APPETITE AND COVERAGE INCLUDE:

Offshore Package

  • Mobile Offshore Drilling Units
  • Fixed Offshore Property
  • Wind, wave and tidal, renewable construction and operating accounts.

Packages

  • Hull and Machinery
  • Increased Value
  • Loss of Hire
  • Loss of Production Income
  • Cargo
  • Terrorism and War
  • Control of Well / Operators Expense
  • Third Party Liabilities
  • Builders' Risks / Construction All Risks

Onshore Packages

  • Includes Midstream
  • REC Friendly

Stand Alone

  • Physical Damage
  • Control of Well / Operators Expense
  • Third Party Liabilities
  • Builders' Risks / Construction All Risks

Our experience

Skuld has been at the forefront of innovation within the marine insurance industry since 1897, when the company was the first P&I Association to be founded outside of London (Oslo, Norway).

Our employees come from diverse backgrounds – underwriting and claims handling in both the London and international insurance markets; dedicated contract lawyers; buyers of marine and energy insurance; project and technical risk management in the offshore oil and gas industry. Together we offer our clients technical knowledge, fresh insight and partnership.

Skuld 1897 / Skuld Services Ltd.
Underwriting enquiries: 

Contact

Simon Neale

Class Underwriter, Energy
Direct: +44 20 7280 0124 Mobile: +44 7718 559 414 E-mail:

Lucy Bell

Assistant Underwriter, Upstream Energy
Direct: +44 20 7280 0122 Mobile: +44 7525 661 434 E-mail: