THE FIRM

IEIB USAThe firm’s goals have remained consistent from the outset:

  • to focus exclusively on the energy industry, capitalizing on our partners long experience in this specialty;
  • to put the interests of our clients first and to provide them with access to first-class insurance markets and services worldwide, together with well-informed, mature counsel and to do so with transparency and full disclosure to all; and
  • to be the best in our business.

The firm is privately-held by the partners in the firm.  This ownership structure gives us significant advantages:

  • we operate without the requirement of shareholder oversight and unrealistic quarterly earnings expectations;
  • it allows us to retain earnings in the firm to pursue longer-term planning, and
  • fosters our corporate culture in which the firms’ partners share in the profits and responsibilities of our firm as a whole, free from profit center distraction.

We have grown carefully:  we provide services where we add most value; others we outsource to consultants that are specifically focused and qualified to solve our clients’ needs.

Similarly, rather than assume that worldwide coverage must be centrally-sourced from our offices in the U.S., we partner with the best independent broker firms worldwide to provide local service.

The firm is licensed to transact all property and casualty insurance lines from its offices in Los Angeles and Boston. We have appointments and agreements with every insurer actively ‘writing in this market. We maintain long-term relationships with insurers and intermediaries in all the main underwriting centers, worldwide.

An active participant in many of the energy industry’s trade and lobbying groups, the firm monitors changes affecting oil companies and has been involved in shaping insurance standards for the energy industry with state and federal environmental regulatory agencies. Our partners’ involvement keeps our firm on the cutting edge, to the benefit of our clients.