Lloyd's Market Association Bulletin

LMA17-033-PD  |  18 September 2017

Cyber Security & Safety Consideration for Oil, Gas & Petrochemical Risk Assessment

The Engineering Sub-Group (ESG) of the LMA’s Onshore Energy Business Panel (OEBP) has published the attached document which provides guidance to onshore oil, gas & petrochemical underwriters and risk engineers in respect of the threat of cyber-attack and the measures which can be taken to mitigate or eliminate this threat. It is hoped that this document will help improve the understanding of cyber-attack risk in the oil, gas and petrochemical market.

 

Cyber Security & Safety Consideration for Oil, Gas & Petrochemical Risk Assessment

 

The drafting of this document has been led by John Munnings-Tomes (Navigators London) and Jonathan Scott (AXIS Insurance London) with review and technical input from risk engineering representatives of a number of other London market carriers. 

If you have any questions, please contact Patrick Davison: patrick.davison@lmalloyds.com / 020 7327 4595. 

Patrick Davison
Senior Executive, Underwriting