Future-Proofing Risk for a Global Offshore Leader

Renewing and future proofing risk solutions for global offshore industry leader

Client Profile

Global engineering leader operating across four continents. The client specialises in complex rigs, offshore renewables, floating wind platforms, and specialised shipbuilding — advancing the global shift to low-carbon energy.

Renewing and future proofing risk solutions for global offshore industry leader

Client Profile

Global engineering leader operating across four continents. The client specialises in complex offshore platforms, renewables and new energy solutions

Challenge

The client had recently been formed as a merger between two industry leaders. Both would have different insurance strategies from differing business models and risk exposures. It is thus essential to have a unified insurance strategy; policies would respond appropriately and support their growth strategy

The areas of concern we had identified were within the following insurance programs and risk areas

Global Property & casualty programme
Builder’s Risk
Marine and Offshore Risk
Digital Assets
Stringent Contractual obligations imposed by global energy companies as customers
Shipyard Workman’s Compensation for large pool of sub-contractors

Acclaim’s value-add

We were able to ease the complexity of the global program through working with our network partners, helping to support the insurance program over continents, addressing issues within the system

With advisory from our marine, energy and construction specialty teams to design a globally viable, cost effective, custom- and purpose-built insurance program that empowers our client in their expansion. We provided strategic advice to develop a capable in-house risk management program to better suit the needs of the growing business

We are proud to support this global leader in converting risk into confidence — enabling bold engineering outcomes that shape industries and communities worldwide.

Access to global specialty and traditional markets
Layered, syndicated programme structuring
Continuous optimisation across business units
Placement of complex and large insurance coverage
locally and overseas
Coverage aligned with regulatory and contractual needs
Future-proofing insurance program as the company merges systems and risk management practicesrand identity.

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Acclaim’s value-add

Access to global specialty and traditional markets
Layered, syndicated programme structuring
Continuous optimisation across business units
Placement of complex and large insurance coverage
locally and overseas
Coverage aligned with regulatory and contractual needs
Future-proofing insurance programme as the company aligns systems and risk management practices

We were able to ease the complexity of their insurance programme through with the support of our network offices, helping to streamline and manage their insurance needs in different continents, bringing cost savings through bespoke solutions

With advisory from our marine, energy and construction specialty teams, we were able to put in place a cost effective, purpose-built insurance programme that empowers our client in their expansion.

We are proud to support this global leader in converting risk into confidence — enabling bold engineering outcomes that shape industries and communities worldwide.

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