We protect energy exploration and production businesses, both offshore and onshore, against risks including physical loss or damage to buildings and infrastructure. Also covers any resulting expenses for business interruption, loss of hire, control of well or re-drilling.
”Upstream Energy Insurance
OMNIRISKCoverage for North America
Strategy needs Strategy
Coverage
- Policies are underwritten to insure you against the risks of physical loss or physical damage to the insured asset, resultant business interruption or loss of hire, control of well and re-drilling expenses
- Dependent upon the location of fixed or floating assets, coverage may be extended to include the perils of offshore war, terrorism and catastrophic perils such as windstorm and earthquake
- Property risks are principally written offshore, from small unmanned single structures to multi-platform complexes, major trunklines and intra-field pipeline networks, sub-sea completions, and offshore mobile drilling units
- Property coverage onshore includes but is not limited to land rigs and oil lease property
- Construction risks are written for offshore projects only
Benefits and Services
- Recognized market leaders for energy insurance
- Flexible underwriting
- In-house engineering and risk management services
- Market-leading claims service
- Global footprint
Client Profiles
Our customer base is extremely varied and diversified, ranging from small independent companies to fully integrated major oil companies and National Oil Companies (NOCs).
