×
INTELLIGENT WORK FORUMS
FOR ENGINEERING PROFESSIONALS

Log In

Come Join Us!

Are you an
Engineering professional?
Join Eng-Tips Forums!
  • Talk With Other Members
  • Be Notified Of Responses
    To Your Posts
  • Keyword Search
  • One-Click Access To Your
    Favorite Forums
  • Automated Signatures
    On Your Posts
  • Best Of All, It's Free!
  • Students Click Here

*Eng-Tips's functionality depends on members receiving e-mail. By joining you are opting in to receive e-mail.

Posting Guidelines

Promoting, selling, recruiting, coursework and thesis posting is forbidden.

Students Click Here

Jobs

Liability insurance

Liability insurance

Liability insurance

(OP)
I am a PE that works for a specialty contractor in the oil field industry.  I pretend to work for them in China.My Home  country Lima Peru (South America) My new contract with the Company states that I am responsible for buying General liability insurance. Could anybody tell me how much a typical annual premium for professional liability insurance and the best international provider .


Your thoughts would be appreciated!

RE: Liability insurance

Efra

I got a general liability policy a few years ago (have since let it lapse as that was the only comp[any I have worked for that has required it).  

My premium for a USD $1M policy was USD $850/yr.  That was with a US company.  

I'm in W. Africa at the moment and it will take a few days to get my hansds on the company name and contact, but you might also want to try www.expatnetwork.com, it is a useful site for expats.  It's mainly geared to the UK, but has allot of good stff on it.

When I get the name of the insurance provider I used I'll get it to you.

Greg Lamberson, BS, MBA
Consultant - Upstream Energy

Website: www.oil-gas-consulting.com

RE: Liability insurance

Efra

I found the company that I used previously:

Mercury Insurance Group.  The agent was:

Rich & Cartmill, Inc.
2738 E. 51st St, Suite 400
Tulsa, OK 74105
918-743-8811

Hope that helps.  Like I said, the premium at that time was $850/yr, it may have gone up.  I had checked with a few other domestic companies and their rates ranged up to $3K per year.

Greg Lamberson, BS, MBA
Consultant - Upstream Energy

Website: www.oil-gas-consulting.com

RE: Liability insurance

(OP)
Thanks Greg

I'll try them ,see what is cost now.

Efra

Red Flag This Post

Please let us know here why this post is inappropriate. Reasons such as off-topic, duplicates, flames, illegal, vulgar, or students posting their homework.

Red Flag Submitted

Thank you for helping keep Eng-Tips Forums free from inappropriate posts.
The Eng-Tips staff will check this out and take appropriate action.

Reply To This Thread

Posting in the Eng-Tips forums is a member-only feature.

Click Here to join Eng-Tips and talk with other members!


Resources