Chaucer in Latin American energy tie-up

Chaucer Syndicate 1084 has formed a strategic energy alliance with well control company Boots & Coots and international insurance brokers, Mexbrit and Global Special Risks (GSR).

The new product will provide control of well coverage for land-based drilling, workover, producing and shut-in wells for oil and gas lease operators and non-operators in Latin America.

Chaucer, Mexbrit and GSR will market the product under the ‘Cumbre’ brand.

Chris White, Head of Energy, at Chaucer Syndicate 1084 commented: “This is an excellent opportunity for Chaucer to broaden its international presence and to bring a new Control of Well product together for the benefit of our clients, both existing and new.

"We are proud to be the underwriter in this alliance and look forward to working with Mexbrit and GSR, both of whom are experts in their respective fields.”