ArgoGlobal writes a well-established worldwide book of business for the oil and gas industry’s upstream — or exploration — sector.
ArgoGlobal’s coverage for the upstream energy sector primarily falls into the following areas.
- Exploration and production
- Drilling contractors
- Specialist vessels
- Products offered
Appetite & Availability
ArgoGlobal writes business on a worldwide basis including the North Sea, West Africa, South America, the Middle East, the Far East, Australia and Canada. A large proportion of the risks it covers are in North America, including shale plays. It also has business distributed across the Gulf of Mexico.
ArgoGlobal has a maximum line size of $45 million on any one risk in all classes except in the Gulf of Mexico.
The company writes business through Lloyd’s registered brokers.
The experienced and well-respected energy team, backed by superior modeling capabilities and a specialist claims staff, maintains strong and long-standing market relationships. The company’s technical knowledge, gained through practical industry experience, gives it unique understanding of upstream energy risks. Additionally, brokers throughout the market welcome the team’s swift decision-making.