Oil Insurance Limited (OIL) Unveils Redesigned and Enhanced Website

Hamilton, Bermuda (ots/PRNewswire) -

Oil Insurance Limited (OIL) announced today the unveiling of its
re-designed website providing easier access and navigation to
information about OIL for members and brokers on a 24 x 7 basis. The
site is intended to overview OIL's offered products, the 8 energy
industry segments that OIL serves and information to enable a full
understanding of OIL's value to the global energy industry. Featured
within the new website are secure MEMBER and BROKER areas that
require registration for password access. The secure member area
provides: a single location to view upcoming OIL related events,
receive company communications, make claim notifications, view claim
contacts and procedures, and access OIL specific member information.
The new broker's area offers links to: recent broker communications
and updates, OIL presentations, quick premium indications, and access
to OIL specific information. In addition, members and brokers will
have access to an OIL 'Toolbox' area.

Robert Stauffer, OIL Chief Executive Officer stated: "The OIL
rating and premium system is unique and considerably different to the
commercial market with distinct benefits and value. The 'language' of
OIL is also different and it needs to be learned and understood. The
new website is intended to help members and brokers fully understand
and value the OIL system by enabling them to speak the language of
OIL".

George Hutchings, OIL Chief Operating Officer stated: "The
enhancements to the new website are responding directly to member and
broker feedback and offers a better platform for the distribution of
OIL specific information. It will also provide a home for OIL's soon
to be released 'OIL Technical Accreditation (OTA)', an 'innovative
online training module that will be released this Fall".

Oil Insurance Limited (OIL) insures approximately two trillion
dollars of global energy property assets for more than fifty members
with limits up to $300 million. In the aggregate OIL currently
provides the energy industry with more than eleven billion dollars of
property coverage. Products offered include Property (Physical
Damage), Windstorm, Non Gradual Pollution, Control of Well,
Terrorism, Construction and Cargo. The industry sectors that OIL
insures include Offshore and Onshore Exploration & Production,
Refining and Marketing, Petrochemicals, Mining, Pipelines, Electric
Utilities and other energy related business sectors.

ots Originaltext: OIL Insurance Limited (OIL)
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Further inquiries regarding this press release should be directed
to:

Barry Brewer, VP Marketing. barry.brewer@oil.bm +(441)278-1132