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Energy

Lloyd Sadd is a recognized leader in providing innovative solutions to the complex needs of the oil and gas industry. We bring a unique perspective with our extensive energy experience in the E&P and Oilfield Service Industry - in North America and internationally.  We have a stable and senior level energy team, which has been working together for over 15 years.  They have a combined 130 years experience developing energy market expertise and senior level relationships with underwriters in North America, Europe and Bermuda.

We are both an insurance broker and risk management consulting organization.  While the use of conventional insurance is still the mainstream, our primary objective is to identify your exposure to risk and implement a “total cost of risk” philosophy. We provide a number of value added services, including claims advocacy, transportation control risk management, risk control inspections, property valuations, MSA reviews, alternative risk transfer audits & captive feasibility studies and loss control procedure reviews.  

The advantage to our E&P and oilfield service clients is that you will be dealing with individuals who understand your business, do not require the typical learning curve, and are comfortable with the wide range of alternative risk financing mechanisms – be that retention, transfer, insurance or other alternative models.

Whether you operate only in Alberta or Western Canada, expanded into USA or globally - be it Russia, Middle East, Africa, South America, Australia, or Europe – we have the expertise and solutions. We take a sector focus and client centric approach to providing the insurance and risk management solutions for our local and international clients, which include:

  • Well Servicing Contractors - including fracing, cementing, stimulation, production testing, stickline, perforating, logging, hot oilers, swabbing, vac/mud, well site construction, etc.;
  • Seismic companies;
  • Drilling Contractors and Drilling Consultants;
  • Health, Safety and Fire Protection Contractors;
  • Pipeline and Facilities Contractors;
  • E&P companies (junior and mid-size);
  • Land Survey Contractors;
  • Oilfield Equipment Manufacturers, Rentals and Distributors and Transportation.

In today’s complicated business world it is necessary to understand industry issues and challenges to add the value that businesses look for from strategic partners and to enable them to focus on growing their companies.