In the UK, AIG Europe Limited is one of the largest insurance companies specialising in the UK business insurance market. With offices throughout the country, AIG insures many of the UK’s top businesses, thousands of mid sized and smaller companies, as well as millions of individuals. Over the past 60 years, AIG has established an enviable reputation for developing innovative insurance products that keep in step with new trends and directions in business. Today, AIG has one of the widest product ranges in the market. youTalk-insurance sharing AIG insurance news and video.
The role of insurance in North Sea decommissioning
The UK’s offshore oil and gas production facilities in the North Sea are facing a dual challenge. First, much of its infrastructure is aging and requires decommissioning or replacing. Secondly, although the basin still holds around 20 billion barrels of oil on current estimates, it is becoming more difficult to extract. Together, this presents a major industrial challenge, which will be expensive and span several decades. The solution lies in attracting fresh investment and the deployment of innovative technology and solutions by new market entrants.
To read the full article from AIG’s Gordon Browne, click the link below….
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