Energy, Oil and Gas Industry Insurance

Covers third-party bodily injury, property damage and legal fees resulting from accidents or injuries at work sites or related operations. This means that if someone gets hurt or something gets broken during your operations, your insurance can pay for it.

Covers the cost of cleanup, damages and legal fees associated with environmental disasters, such as oil spills or contamination. This means if a spill happens, the insurance helps cover the expenses to put things right. It can protect your business from big financial hits due to environmental accidents.

Covers employees in case of injuries sustained while working on site, including medical treatment and lost wages. This means your workers get the help they need without extra cost to them. Having this insurance keeps your team safe and your business protected from big expenses.

Covers lost revenue and expenses if an operation is stopped due to events like natural disasters or accidents. This way, you can keep paying your workers and other costs even when your business isn’t running. It helps you get back to normal without losing too much money.

Protects companies from claims of negligence or errors made by professionals such as consultants, engineers, or contractors. It covers legal costs and any money you might have to pay if you’re found at fault. This mitigates the risk that comes from a mistake or misunderstanding.

Covers claims resulting from accidental pollution, such as oil spills, and can extend to cover both sudden and gradual pollution. This insurance pays for cleaning up the mess and any legal fees you might face. Whether the pollution happens quickly or slowly over time, this coverage can offer protection.

With increasing reliance on digital systems and automation, cyber insurance protects against data breaches, cyberattacks and other digital risks. It covers the costs of fixing the problem and deals with any claims if important data is stolen. This insurance also pays for notifying people if their information was leaked.

For companies owning or renting heavy machinery and equipment, this coverage can protect against damage or theft. This insurance is important for keeping your projects moving smoothly. With it, you can work without worrying about losing expensive equipment.

Provides additional liability coverage above and beyond the limits of other policies, which is especially important in high-risk sectors like energy where accidents can cost a lot. With umbrella insurance, you can be sure you’re covered for big expenses.

In light of global instability, coverage for terrorism-related damages could be considered, especially for critical infrastructure like pipelines or refineries. Having this insurance means your business can recover without a huge financial hit.

For executives or workers traveling to remote or hazardous locations for projects or operational needs. This is important because unexpected problems may arise while you are travelling. With this insurance, your executives or workers can focus on their jobs without worrying about travel issues.