JLT to Raise Awareness for Insurance

& Indemnities in Contracts at the Junior Oil & Gas Congress 

Jardine Lloyd Thompson Limited (JLT) will be exhibiting at the World Independent & Junior Oil & Gas Congress this November hoping to raise the awareness of the importance of Insurance and Indemnities in contracts in this sector.

Peter Gibson, Partner, Energy & Marine Group, JLT, says "Whilst this may seem a bit of a dull subject, it really is important that the attendees of the event understand the shift of onus between operator and contractor when it comes to insurance and indemnities in contracts. There are severe premium cost as well as claims implications for independent oil companies".

JLT will be publishing a White Paper on this important subject which will be available to delegates at the event and through the JLT website after the congress.

Peter Gibson continues, "Like many other business sectors the Oil & Gas industry is currently facing many financial challenges. Our White Paper hopes to ensure that Insurance and Indemnities will not be one of them. JLT's extensive knowledge and expertise in this area can assist operators and independent oil companies in making sure they are getting the most out of their contract negotiations, giving them the peace of mind that is needed".

--ENDS--

Peter Gibson, Partner, Energy & Marine Group, Jardine Lloyd Thompson Ltd, Andrew Agnew, Chairman, Jardine Lloyd Thompson Ltd and other senior management from the Energy & Marine Group will be on the JLT Stand at the World Independent & Junior Oil & Gas Congress.

Enquiries:

Jardine Lloyd Thompson Ltd
Isabella Young
Tel: +44(0)20 7558 3387
EMAIL

Editor's Notes:

About Jardine Lloyd Thompson Limited (JLT)
JLT is a specialist London market insurance broker and risk consultant providing market leading industry knowledge and expertise in specialist fields to some of the world's largest companies.

JLT is part of the Jardine Lloyd Thompson group of companies, a leading risk management adviser, insurance and reinsurance broker and a major provider of employee benefits administration services and related consultancy advice.

Jardine Lloyd Thompson Group plc is quoted on the London Stock Exchange and employs 5,500 people worldwide and through JLT NetworkTM provides our insurance broking services in more than 120 countries.
http://www.jltgroup.com/about/our-businesses/jlt-limited/