Worldwide Facilities introduces energy liability facility

Worldwide Facilities introduces energy liability facility | Insurance Business America

Worldwide Facilities introduces energy liability facility
Managing general agent and national wholesale insurance broker Worldwide Facilities has launched a new energy liability facility, in partnership with energy liability specialist Aspen Insurance.

According to a release, the facility is “designed to meet the needs of the land based oil and gas lease operators based in the United States.”

Celebrate excellence in insurance. Join us at the Insurance Business Awards in Chicago.

“We are very pleased to be in partnership with one of the premier energy liability underwriting teams in the business,” said Worldwide Facilities Houston senior vice-president Rick Burns. “They are familiar with the issues facing the energy industry today and we believe they will strongly enhance our product offering in this sector.”

“Worldwide Facilities has an excellent reputation and well-established relationships in the energy insurance sector,” commented Aspen Insurance London deputy head of marine & energy liability Tom Davies. “We believe this will be a strong and long-lasting partnership, and we look forward to working with them.”

Earlier this month, Worldwide Facilities appointed a new chief financial officer, John Galaviz. Galaviz was previously associated with Answer Financial, an Allstate company that facilitates the online distribution of P&C insurance.


Related stories:
Lloyd’s shook up ‘competitive landscape’ in the US
Worldwide Facilities names new CFO