Oil and Gas Startups Podcast
The Baldwin Group on Oil and Gas Startups
Nov 4, 2024
Summer Shedd-Campbell, a seasoned advisor from The Baldwin Group, explores the oil and gas industry's insurance intricacies. She discusses how data can secure better insurance terms and the evolving role of AI in risk management. Summer gives her contrarian perspective on the industry, arguing against the notion of oil and gas becoming uninsurable. She reflects on her journey from Medtech to insurance, highlighting the critical need for proper coverage and collaboration among brokers in navigating this high-risk landscape.
38:33
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Quick takeaways
- Effective risk management in oil and gas heavily relies on high-quality data to secure favorable insurance terms and mitigate coverage gaps.
- The evolving insurance landscape necessitates enhanced communication and collaboration between brokers and operators to adapt to emerging challenges and optimize coverage strategies.
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