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SIS Risk Management

Insurance

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SIS Risk Management

Overview

Energy risk experts for the insurance industry. Oil and gas exploration/production, transportation, refining and power are highly sophisticated, technically challenging and geographically exacting industries. There are fast paced and cutting edge technical developments occurring in each industry every day across the globe. It follows that getting insurance policies right, securing optimum cover at the right price, and reflecting the task in hand, are increasingly challenging for those in the insurance market. There is a greater than ever need for clients, brokers and underwriters to be sure that their insurance programmes are best fit, & with that comes a need for better engineering knowledge. One of the challenges of finding the best engineering provider is that it is a very fragmented sector – from large & midsize companies to individual experts, all offering different niche expertise, depending on the area. None are focused on insurance requirements, on helping all parties achieve the optimal policy and outcome for collective benefit. SIS solves that problem by operating a new model of delivery. Clients can be assured that SIS is providing the best fit service for their particular needs because we have benchmarked providers and stress tested all capabilities. Whereas most engineering providers are focused on the engineering itself, SIS is focused on insurance requirements, and how engineering expertise best fits the needs of an insurance policy. We are 100% independent, and not constrained by the requirements of a parent company, or vested in the needs of an insurance broker or underwriter. Because of our network approach, SIS has access to hundreds of in-market engineers. Our team have up to date, relevant oil & gas expertise who work across all facets of the industry. They are not office tied in-house generalists, they are experts with cutting edge knowledge providing professional, informed reports without conflicts of interest.