Our products

OOUL’s predominant focus is upstream energy risks, including onshore and offshore coverages, both operational and construction.

OOUL targets short/medium tail risks that are technically well rated, have a proven management team and positive loss history. Currently, the portfolio consists principally of the following classes of business:

• Offshore and onshore operating risks, physical damage and business interruption
• Offshore and onshore drilling contractors
• Offshore construction, both fixed assets e.g. platforms and mobile drilling units but usually avoiding delay in start-up risks
• Third party legal liabilities, where part of a package
• Control of well

It is not anticipated that OOUL will write the following areas/classes;

• USA Catastrophe exposed (both Earthquake and Named Windstorm) business
• Japanese Earthquake exposed business
• Taiwan Earthquake exposed business
• OFAC excluded business
• Stand-alone US control of well business
• Delay in start-up