GULFSTORM TM    
     
Underwriting portfolio risk assessment
and exposure control

     
About Us FRONTFIELD TM GULFSTORM TM
     
     
Understanding hurricane risk to a portfolio of oil and gas interests needs a specialist skill set that includes: ocean engineering, energy underwriting, risk management and information management.

A range of issues make hurricane portfolio exposure control a formidable task:

  • Wide range of asset types (platform, caisson, deepwater, pipeline, onshore, etc)

  • Various direct and indirect damage modes (wind, wave, current, collision, collapse, etc).

  • Complex policy clauses, terms and conditions.

  • Need to input and manage large amounts of data.

GULFTSTORM TM enables energy underwriters to:

  • Understand portfolio exposure to Gulf hurricane events

  • Assess offered business for profitability and compatibility with existing portfolio

  • Enable more business to be written, more safely

  • Achieve more effective management of RI protection programme

  • Estimate likely claims, and assess actual claims

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