VAUGHAN INSURANCE GROUP

Vaughn Insurance Group is part of Insurance Business America's US Specialty Brokers 2016.

VAUGHAN INSURANCE GROUP
http://www.vaughanins.com/
VAUGHAN INSURANCE GROUP
Tulsa, OK
Specialty: Oil & Gas

Vaughan Insurance Group has focused on the oil & gas industry for more than 60 years. With access to all major oil & gas insurance markets, Vaughan can provide coverage to offshore or onshore operations of any size, including chemical suppliers, drilling contractors, pipeline contractors, trucking contractors, well servicing contractors and more. Oil & gas clients comprise about 75% of the agency’s total book of business, and most of those clients primarily operate within Texas and Oklahoma. “It is very complex, from an insurance standpoint,” says David Vaughan, principal and CEO of Vaughan Insurance Group. “There are a lot of moving pieces, and that’s what keeps it very interesting.”

The constantly changing oil & gas industry presents one of Vaughan’s biggest
challenges. “There are good times and bad times, and when the prices are up and
production is going quickly, that’s a challenge to keep up with your customers,” Vaughan says, adding that the oil & gas side of insurance has a “much larger swing in the pricing conditions than just the normal run-of-the-mill market.”

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