InSource Insurance Group, LLC was formed in 2014 by the merger of Bogan, Dunlap, & Wood Insurance of Odessa, Texas, and Flowers & McKeller Insurance Services of Midland, Texas. We are a commercial insurance agency that specializes in property & casualty insurance and employee benefits for the oil & gas industry. Our agency is built on working with oil and gas exploration and service companies of all sizes throughout the country. The oil & gas insurance marketplace is very complex, with numerous different carriers and thousands of different forms and endorsements. It is our commitment to navigate through all of these forms and endorsements, providing you with the most comprehensive coverage program available, and at the most competitive price possible.
Why InSource Insurance Group
Insurance is a service industry, and our agency is very proud of our ability to consistently exceed client expectations. From certificate issuance to claim administration, our friendly and professional staff handle all requests promptly when received. Unlike many of the large publicly traded international brokers, our agency is focused on the client and not the stockholders. Our growth is achieved organically through performance and not through acquisitions.
It is our strong belief that we should provide our clients with several different options when choosing an insurance program. This can mean different companies, different coverage forms, deductibles, retentions, etc. Although traditional guaranteed cost programs are an option, they are not the only option. Captives, self-insurance trusts and large deductible programs are also available.
At InSource, we know the oil & gas industry and understand the coverage you need and the coverage your customers will require you to have. The oil & gas insurance marketplace is very complex with numerous different carriers and thousands of different forms and endorsements. It is our commitment to navigate through all of these forms and endorsements, providing you with the most comprehensive coverage programs available, and at the most competitive price possible.
We are able to obtain extremely competitive pricing for our clients due to our aggressiveness, market relationships, and our comprehensive knowledge of the industry and our clients. There are many factors to consider when negotiating price with a particular insurance company. Loss history, market conditions, capacity, and alternative markets to name a few. In order to get the best possible coverage at the best possible price it is imperative to know and understand all of these factors and how they relate to each other. By nature, insurance companies err on the side of caution. It is our responsibility, as your agent and broker, to provide the insurance company the information necessary to get consideration otherwise.
InSource is not merely a traditional insurance agency focused on selling insurance policies. Our goal is to help our customers mitigate and manage their overall risks, with insurance as a cornerstone intended to cover losses when they occur. We offer risk control services that will ensure every potential risk is analyzed and minimized. Our experienced team members will review multiple aspects of your business, including your safety practices, employee handbooks, contract compliance, and more.