Energy Risk Consulting

Risk analysis and mitigation expertise for offshore and onshore energy

Allianz Risk Consulting (ARC) fields a team of Energy engineering consultants with extensive experience in risk management and loss control engineering across the upstream, midstream and downstream energy sectors. 

Energy operations are conducted around the globe, in some of the most challenging environments on earth.  These operations are inherently large, complex and high risk, which is why the risk consulting team is an integral part of the services that AGCS offers. Our risk engineering evaluations are the first step in the AGCS technical underwriting business. This support is essential to understanding Energy risks, exposures and insurance solutions - and another reason why AGCS is the insurer of choice for so many oil, gas and chemical companies around the world.

Combining Energy industry experience, risk engineering and communication to help you manage your risks.

AGCS enjoys many long term relationships with Energy companies. Our ARC Energy team has, on average, nine years of experience in the hydrocarbon processing industry and seven years at Allianz. We have the expertise, experience, and resources to provide you with site specific risk assessments of your facilities, operations and business interdependencies.

Our expertise covers onshore/offshore oil and gas exploration and production, pipelines, terminals and tank farms, gas plants, LNG, refineries, and petrochemical operations. Chemical plants with vapor cloud exposures and large loss potential also fall under the AGCS Energy remit. Our risk consulting team also has considerable experience working on offshore platforms, vessels, FPSOs, pipelines and offshore equipment construction sites.

There is a close working relationship between the ARC Energy engineers and the Energy claims team. Understanding claims, causes and lessons learned is an essential part of the AGCS business model. The ARC Energy team is strategically positioned around the globe in three hubs (London, Houston and Singapore).

At least 15 different languages are spoken fluently by our engineers. This diverse background, combined with a thorough understanding of the Energy industry, helps our engineers find innovative solutions to the risks you face.

The products and services described on this page may not be available in all AGCS locations. Please contact your local office for full information on local product availability.
We can provide exclusive feedback to clients through an integrated ‘lessons learned’ process on any important loss experience in order to avoid similar incidents through our AZT facilties.
Follow Senior Risk Consultant, Ryan Du, on his journey to the mountains of Fujian in China to learn about tulou, ancient structures which were effective against natural disasters – and enemy attacks.
With dedicated energy insurance teams serving both the onshore and offshore oil and gas industries, we can provide flexible and tailored solutions to the most demanding energy insurance challenges.
Adisseo, a global leader in animal nutrition, asked our Risk Consultants to assist them in writing a methodology and performing tests to qualify the fire protection system of one of their chemical facilities.

Annual survey identifying business risks

Technology is breeding new threats as well as business models. Traditional risks such as natural catastrophes continue to challenge while other threats such as cyber, neck-and-neck with business interruption at the top of the Allianz Risk Barometer 2019 for the first time, reputational risk, increasing exposure to intangible assets and volatility and consolidation in the corporate environment evolve daily.

Top 3 global risks in 2019 

  1. Business interruption (37%) - 2018 rank: 1 (42%)
  2. Cyber incidents (37%) - 2018 rank: 2 (40%)
  3. Natural catastrophes (28%) - 2018 rank: 3 (30%)
Allianz operates as an international insurer on almost every continent. Find Allianz in your own country/region.
With the Allianz network AGCS provides services in over 200 countries and territories.