Tim Welsh

Senior Energy Underwriter
Tim Welsh

About Tim

I am a Senior Oil & Gas Underwriter. My job entails helping the team underwrite and profitably grow the oil and gas book in the London market. The role is client facing including negotiating with brokers and meeting clients either in person on their visits to London or visiting them in their own environment including key locations such as Houston and Norway. As well as external stakeholders, the role includes collaboration with internal stakeholders such as underwriting management, pricing, exposure management, compliance and legal. The challenges within the oil and gas portfolio include navigating through the complexities of ESG and ensuring we support our clients’ long term on their journey to net zero. I have worked in the London market for 34 years, having started in 1989. I started my career as a trainee underwriter with The Scottish Lion Insurance Company gaining invaluable experience during my 5 years in non-marine underwriting, claims, outwards reinsurance, and finally marine underwriting. I subsequently moved to MS Amlin in 2004 where I have worked most of my career (28 years). I was originally a marine hull underwriter but moved to upstream energy in 2003 following a new opportunity. The first year was quite a challenge transitioning from insuring ships to insuring energy companies drilling for oil and gas. Prior to joining Hiscox, I worked with the AIG Talbot Syndicate helping them underwrite through some of the busy renewal season during April and May 2023.

Being a family man with three children, my time is spent at the weekends with the family. As I like to tell people, as the children grow up, the challenges don’t go away – they simply evolve.

Aside from the family, I do like to follow most sports including football, Formula One and golf. However justifying spending hours on the golf course at the weekend is a stretch too far in my household!


Losses in the energy industry – whether property or liability related – can have a significant impact on balance sheets, demanding a robust, comprehensive and swift insurance response. We work hard to bring that insurance comfort to our clients. 

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