Why this exists
Energy risk is too large and too interconnected for standalone policies. What matters is programme design, reinsurance capacity, and whether the insurance matches the contracts you have signed.
What it covers
- Onshore and offshore property damage
- Control of well and redrilling costs
- Third-party and environmental liability
- Construction and installation works
- Business interruption on production
What it does not
- Liabilities you assumed contractually but did not declare
- Losses from unapproved changes to operating procedure
- Gradual pollution, on many wordings — sudden and accidental only
Exclusions vary between insurers and wordings. These are the ones we see most often — yours should be read individually.
Who it is usually right for
- Operators and licence holders
- Oilfield service companies and contractors
- Marine and logistics support providers
Terms worth knowing
We do not sell this policy to you.
We compare it across insurers, tell you whether you actually need it, and stand with you if you ever have to claim on it. Start with a conversation, not a quote.