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BIZENIUS.

Advanced Oil Masterclass

The complex end of oil insurance — placement, coverage wordings and energy claims from control of wells to consequential loss, led by a leading market practitioner.

Format

Classroom · Live Virtual

The programme

Oil insurance rewards depth: the placement process, alternative markets and the coverage issues that separate routine accounts from contested claims. Building on knowledge gained in the intermediate oil workshop, this highly participative masterclass digs into the more complex areas of the business — occurrence versus claims-made liability wordings, and claims spanning control of wells, redrilling, pollution, physical damage, third-party property and injury, and consequential loss. Led by a leading market practitioner, the cohort works through the key market issues shaping oil insurance today.

What you will do

Navigate the anatomy of the placement process, including the alternative markets available.
Resolve technical coverage issues before they become claims disputes.
Distinguish occurrence from claims-made liability wordings and the consequences of each.
Handle the full span of oil claims — control of wells, redrilling, pollution, physical damage, third-party property and injury, and consequential losses.
Track the key market issues affecting the oil insurance market today.

Who attends

  • Underwriters and brokers working on oil and energy accounts
  • Claims professionals handling upstream energy losses
  • Risk and insurance managers in oil and energy companies

Cohorts bring together board members, executives and the rising leaders behind them — kept deliberately small, so every seat is a peer’s.

Programme agenda

Built for the decisions no textbook prepares you for

I.Placement and markets
  • Anatomy of the placement process
  • Alternative markets
  • Key issues in the oil insurance market today
II.Coverage
  • Technical coverage issues
  • Occurrence versus claims-made wording issues
  • Areas of specific focus in oil accounts
III.Claims
  • Control of wells, redrilling and pollution
  • Physical damage and third-party property and injury claims
  • Consequential losses

Frequently asked

Do the programmes cover reinsurance and underwriting discipline?

Yes — the insurance curriculum includes advanced reinsurance, underwriting portfolio management, captives and alternative risk transfer, business interruption and specialty lines such as project cargo. Participants leave able to structure a reinsurance programme, steer an underwriting portfolio by its numbers, and price the risks their market actually writes.

Is there content on risk management and finance for insurers specifically?

Yes. Dedicated programmes cover market and liquidity risk management for insurers, enterprise risk management, running effective risk workshops, and finance for insurance professionals. The material is written for insurers’ balance sheets, not adapted from banking slides.

Can a programme be run privately inside our company?

Yes. Every BIZENIUS programme is available in-house, tailored to your lines of business, your market and your regulatory context, in English or French. Insurers often use private editions to put underwriting, claims and risk teams through the same casework together.

In which languages and formats do the insurance programmes run?

English and French, in classroom, live virtual and hybrid formats. BIZENIUS delivers from Dubai and Bangalore and on client sites, having served 150+ client organisations across 45+ countries on four continents.

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In their words

Knowledge transfer, emphasised throughout

“We worked with BIZENIUS for our Fresh Graduates Programme — they are simply amazing. Knowledge transfer and practical learning were emphasised throughout.”

Kuwait Investment Authority

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Mandate № 04 · Africa

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The Capability Arc™

Fix it · Advisory

Advisory & Consultancy

A senior bench across risk, treasury and regulation.

Learning is one point on the Capability Arc. Many institutions pair this programme with the advisory engagement — and automate what the framework demands.

Teams from these institutions train with BIZENIUS

  • Citi
  • Barclays
  • ExxonMobil
  • Total
  • Gazprom
  • Standard Bank
  • QNB
  • Crédit Agricole
  • Nedbank
  • Absa
  • Raiffeisen
  • Halliburton
  • Baker Hughes
  • ConocoPhillips
  • Ooredoo
  • National Bank of Kuwait
  • Kuwait Finance House
  • Bank Muscat
  • Bank Audi
  • SABB
  • Garanti BBVA
  • Ecobank
  • Arab Bank
  • National Bank of Egypt
  • ADIB
  • Access Bank
  • Afreximbank
  • Repsol
  • QNB ALAHLI
  • Stanbic Bank
  • Equity Group Holdings
  • KCB Bank
  • Lombard Odier
  • NOV
  • Weatherford
  • Subsea 7
  • Al Baraka
  • Banque Misr
  • Burgan Bank
  • Bank ABC

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