From its inception, Wortham has taken pride in supporting companies in the energy and oilfield service industries. In fact, given our nearly 100 years in serving these vital business sectors, we believe that Wortham has accumulated the greatest experience and expertise among U.S. insurance brokers active in the energy and oilfield service industries. And in Texas, Wortham's share of the energy market is estimated to rank the largest among insurance brokers.

Industries Served: Energy

Wortham has deep knowledge in developing comprehensive insurance programs and risk management solutions for energy companies of every size. Our client base spans the full range of energy operations, including upstream, midstream and downstream along with oilfield services. We serve clients engaged in virtually all oil and gas regions around the world.

Wortham has established substantial technical and marketing depth in our energy practice, which includes seasoned energy specialists in all our offices. Our account teams bring experience in both soft and hard insurance market cycles. We draw on our long history in working closely with worldwide insurance and underwriting markets to structure the right marketing strategies and placements to meet each client's unique requirements.

To support our clients' growth plans, Wortham account teams assist energy companies during mergers and acquisitions by identifying, modifying and renegotiating insurance programs to deliver innovative and cost-effective solutions. Our staff also contributes value by managing foreign insurance requirements and placing admitted insurance programs for local mandates.

At Wortham, we work in tandem with our clients to understand their insurance and risk management needs and identify a range of products. Among coverages and services that Wortham provides for our energy clients are:

  • Casualty
    • Workers Compensation
    • Automobile
    • General Liability
    • Excess Liability/Umbrella
  • Operator's Extra Expense
    • For Blowout, Redrill and Pollution
  • Property
    • Rig Physical Damage
    • Offshore and Onshore Property
    • Contractor's Equipment
  • Terrorism
  • Confiscation, Expropriation and Nationalization
  • Business Interruption
  • Power Generation Outage
  • O.I.L Wrap Around Placements
  • Surety Bonds
  • Employee Benefits
  • Construction Projects
    • Builder's Risk (onshore and offshore)
    • Delay in Start Up/Hot Testing
    • Cargo Delay In Start Up
    • Owner Controlled Insurance Program (OCIP)
  • Marine
    • Hull and Machinery
    • Protection and Indemnity
    • Cargo
    • Inland Marine
    • Marine Liabilities
  • Professional Indemnity
    • Directors & Officers Liability
    • Fiduciary Liability
    • General Partnership Liability
    • Employment Practices Liability
    • Crime/Kidnap and Ransom
  • Cyber Liability