Insurance

Our Capacity

The establishment of MCBL has brought together a Management Team with a history in the insurance and reinsurance sector dating back to the 1960’s (operational and legal) at Lloyds of London and in the London Company markets and also in international business including employment with Mobil Oil Company Limited, (now ExxonMobil) and Chevron Corporation, Brand-Rex, Honeywell and at other times engagements on site in Africa (Angola, Nigeria, DRC, Uganda, Mozambique, Ghana, Kenya) Europe, Australia, Canada, Russia, Kazakhstan and Azerbaijan, the Middle East and Far East (China and Indonesia). The cross cultural backgrounds including African and the broad geographical base of the Team’s multi sector experience affords MCBL the knowhow and problem solving skills now demanded in Africa as its economies grow.

Why collaborate with MCBL

The principals at MCBL have worked in all areas of oil & gas, power generation & marine & energy insurance, including PSA / Joint Venture frameworks, Pipeline Construction Projects (Caspian Pipeline Consortium), Chevron’s start-up of the Tengiz Project in Kazakhstan, the giant Canadian Hibernia Offshore Project and other projects worldwide; allowing us exposure to the business from every angle. In addition to wide experience of every facet of energy insurance we also enjoy a network of business relationships with the international energy insurance community including;

  • Lloyds and other Underwriters
  • Insurance Brokers e.g Arthur J Gallagher (www.ajg.com)
  • Loss Adjusters, Risk Managers, Surveyors & Lawyers
Our focus is on commercial and industrial insurance and reinsurance areas in Central, East and West Africa where we have invested time in understanding local requirements.

Our independent status enables us to make balanced judgements in the best interests of our clients without internal or external pressures and so ensure our clients obtain competitive, comprehensive and transparent A rated insurance for the protection of their assets and liabilities.

Our value proposition consists of the E’s

  • Education: capacity building, thought leadership and knowledge transfer for the countries in which we operate is provided via seminars and training programmes locally and in the UK
  • Evolution: we have on the ground presence in the countries in which we operate and therefore able to identify, devise and implement solutions specific to the needs of the client
  • Entrepreneurship: we work with associates to develop equitable business relationships; once done we are agile in our execution
  • Excellence: our focus is on creating a framework where our clients are satisfied to engage with us within long term relationships