Energy & Power Generation Insurance
Our comprehensive products and services encompass the entire spectrum of protection for oil & gas, petrochemical and power generation industries.
From exploration coverage to onshore and offshore facilities, we provide specific reinsurance solutions to meet the specialized needs of each client. We can provide cover for physical assets and business interruption.
Benefits
- All risks property cover extended to include engineering cover
- Coverage is broad in scope
- Expert risk management service
- Deep industry insight and understanding of geo-political risks
Coverage for
- Petrochemical refineries
- Pipelines
- Onshore and offshore (downstream and upstream) facilities
- Chemical processing
- Power Plants
We can offer many years of knowledge and experience of working with clients across the oil and gas sector to deliver specialist insurance solutions.
Most of the oil and gas risks are special. Specialist risks need both specialist expertise and specialist resources. For offshore and onshore energy insurance, this means access to global capacity coupled with integrated risk consulting and claims approach, and – of course – a long term commitment to our clients.
Offshore and Onshore Energy Insurance
Our clients cover the full spectrum of the energy insurance industry, including upstream, midstream and downstream operations and assets:
Downstream (onshore) | Midstream | Upstream (offshore) |
Refineries | Transportation by pipeline or vessel | Exploration, development and production assets and activities, offshore and onshore |
Petrochemicals and chemical plants | Gathering, separation and storage | Production platforms |
Gas works | Mobile offshore drilling units | |
Terminals and tank farms | Floating production storage off-loading units | |
Underground storage | Offshore construction activities | |
Chemical fertilizer plants |
Our services to these specialist clients are always individually designed to their needs, and include:
- Onshore property, including equipment coverage
- Offshore property, including rig physical damage and offshore construction
- Construction coverage for onshore energy projects
- Business interruption/loss of production income
- Control of well/operators extra expense costs/re-drill/seepage/pollution
- Excess liability/umbrella
- General liability
- Hull and machinery/total loss cover/freight interest/loss of hire
- Package options, including:
- Boiler and machinery
- Cargo, transit
- Project Cargo
- Contractors equipment
- Extra expense
- Miscellaneous marine liability
- Third party liability
- Renewable energy related solutions