Driving down the cost of drilling in Iraq

Marsh’s Energy Practice is at the forefront of advising energy companies on risk and insurance issues impacting operational success. Since entering into a mutually exclusive correspondent agreement with AAIB, the leading and largest international insurance broker in Iraq, Marsh has assessed the risks faced by our clients in the region and continually endeavours to meet their needs with innovative insurance solutions.

Marsh’s latest product, The Iraq Land Rig Facility, is specifically designed to cater for the needs and exposures of drilling contractors in Iraq. The Iraq Land Rig Facility covers against physical loss of or physical damage to drilling rigs and associated equipment, machinery breakdown and third party liability risks from the moment the rig and associated equipment touches Iraqi soil, whether in transit, storage or operation.