March 2013 1 A comment from Guy Lether Chief Adjuster Energy & Liability, Xchanging Welcome to the fifth edition of our Energy Newsletter, Onstream, which contains a diverse collection of articles from renowned market experts relating to current Energy and Liability Insurance issues. We are also including brief details of Xchanging’s new X-presso ‘app’ based system, which allows practitioners to use mobile technology to access key information. In the first half of the year we will be hosting three workshops. One workshop will be on Corrosion with Minton, Treharne & Davies, which will follow up on their article in this edition of our Newsletter – ‘What is corrosion and why is it important to insurers.’ The second will focus on ‘Energy Subrogation’ and will be run with Todd Denenberg. The third workshop is the ‘Claims made Vs Occurrence Seminar,’ by Lewis Brisbois Bisgaard & Smith LLP. Details of each of the workshops will be published shortly – we very much hope that you will be able to attend these seminars which will cover issues of significance for Energy claim professionals. We are continuing to deliver a number of elective services as managing agents begin to align their activities to CTP; we are actively engaged in supporting efforts to tailor additional elective services to meet the requirements of the Energy market. If you need help handling your CTP work-load, or Energy claims generally, or would like further details of our elective claim service offerings, please contact me or one of the team. (See our contact list on the back cover of this newsletter). I hope you find the articles in this edition both informative and useful. If you have any subject matter you would like us to include in further editions, or if you have any comments on any of the articles, please contact me or one of my colleagues. As with all of the articles we publish in our Newsletter, the contents reflect the views of the author(s) and not necessarily those of Xchanging and the articles are intended to provoke discussion. Contents 03 Subrogation best practices in the energy market 10 Top 10 oil producing countries 2012-13 12 Claims-made versus occurrence coverage 17 Corrosion and its importance to insurers 20 Corrosion case studies 24 E-filing 30 X-presso 31 Up and coming seminars, Q&A Fergus Playfair © 2013 Xchanging