Eighteen months ago, the kind of fierce competition that drives Canada’s oil and gas industry was sadly lacking in the insurance sector.

In fact, you could count the major brokers or insurers working in the energy field on one hand and still have a finger or two left over.

But that all changed when JB Oil & Gas Insurance Ltd. (JBOG) arrived on the scene in June 2003.

“When Jones Brown Inc. opened its oil and gas insurance practice last year, we had two employees and no business,” said JB Oil & Gas Insurance president Mark Terrill.

The members of the team at JB Oil & Gas Insurance Ltd. are excited about the work they do for clients.

“Today, we have a seasoned team of insurance professionals providing not only the standard menu of insurance products custom designed for the oil and gas industry, but also important complementary products such as Aviation, Directors Liability, Managing Partner Liability, etc.”

Industry professionals such as Grant Robinson and Richard Cutfield – practice leaders for Aviation and Income Trusts, respectively – interact with JB’s oil & gas brokers and their clients on a daily basis.

“Grant and Richard really understand the nuances of the energy sector, and that familiarity is crucial in helping us to meet all the insurance requirements of our oil and gas clients,” explained Terrill.

Jones Brown is Canada’s leading privately owned and independent insurance brokerage (Calgary, Toronto, Vancouver and Montreal) with the resources you might expect to find only in the large, international firms.

“We are genuinely excited about what we do for our clients, and our service reflects our passion,” said Terrill. “We enjoy working in an entrepreneurial environment where our focus is on our clients and not on analysts’ concerns about quarterly results.

“We look at things differently. We know what we are doing, and we live up to our promises and commitments.”

This client-focused approach to business serves JBOG well in an industry that, despite its enormity, can change quickly.

For example, oil and gas income trusts are one of the fastest growing Alberta phenomena. JBOG has kept pace by developing proprietary products for this sector such as Trustee Liability, Distribution Stabilization Funding, Environmental Liabilities, etc.

“JB Oil & Gas Insurance Ltd. wants to take this opportunity to thank our clients for their support,” said Terrill.

“We believe that the key to our past and future success will be to conduct our business with absolute integrity.

“Recently, the media has been covering a story that originated with the New York Attorney General’s office. While the story deals with many issues, it comes down largely on how income is earned by brokers and how transparently they operate.

Terrill says: “We welcome any inquiries on how we manage our firm and uphold our client’s best interests.”

Brad Inkster, recently promoted to JBOG’s position of Practice Leader says: “We are building the foundation for a great oil and gas insurance business and we have set the bar extremely high for 2005.

“So, whether you are producing 10 or 100,000 boe/day, drilling, pumping, servicing, manufacturing, or constructing in the oil and gas industry, JB Oil & Gas Insurance Ltd. wants your business.”

For more information, call 403.265.1920; fax 403.265.1922 or e-mail cal@jonesbrown.com