Larsen Howie rolls out new offering for energy sector contractors

Proposition a couple of years in the making

Larsen Howie rolls out new offering for energy sector contractors

Insurance News

By Terry Gangcuangco

Leicestershire broker Larsen Howie has added to its existing array of specialist contractor insurances.

Rolling out “Energy Sector Combined,” Larsen Howie said the new offering is a policy specially tailored for contractors working both onshore and offshore in the energy industry. The firm described the proposition as “all-encompassing,” in that it covers hundreds of energy-specific professions and is designed to meet the exact requirements of contractors.

“We’re very excited to be launching this product,” commented Larsen Howie managing director Pete Willcocks. “It’s such a bespoke cover that it’s taken a couple of years to bring to the market exactly as we wanted it, and – more importantly – how contractors told us they needed it.

“With our policy, energy sector contractors are covered for a spectrum of scenarios under one insurance, the aim being to minimise having to search for new policy with every new engagement.”

Available online through the Larsen Howie quote builder or over the phone with an expert advisor, Energy Sector Combined insurance includes cover at varying levels for public liability, employers’ liability, professional indemnity, directors & officers, and products liability.

“We were also very focussed on getting the public liability aspect of the combination insurance right, as that tends to be the biggest risk factor for many energy sector workers across the board,” added Willcocks.

“The energy sector is complex, and the insurance required to satisfy contracts can be onerous. UK contractors can be assured that wherever they get an engagement, be it onshore or offshore, our policy will protect them.”

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