Exploration and Production insurance

Product information

Energy production can be a dangerous business, and our Exploration and Production insurance provides protection to owners and operators around the world against a wide range of risks for both their Offshore and Onshore operations. We offer a broad range of energy-related products from our Company and Lloyd’s of London platforms that allow you to transfer your exploration and production risk exposures. We can help protect you against the risks of physical loss or physical damage to your property, resultant business interruption, control of well and re-drilling expenses, and third party liabilities.

Target Markets

Owner/Operators involved in identification, extraction, processing and the production of hydrocarbons (Oil and Gas)

Owners Yard Construction: Offering coverage of owners’ yard risks including the fabrication of semi-submersible drilling units, jack ups, drill ships and FPSOs

Offshore Construction: Offering coverage for Owner managed projects for the fabrication, load-out, transits, installation and hook-up of fixed/floating units, subsea equipment and associated pipelines and platform modifications

Coverage afforded for operations both onshore and offshore:

All risks of physical loss or damage

Business interruption

Offshore construction

Our Exploration and Production team aims to provide exemplary service to existing and new clients in a constantly evolving industry. From extending the life of existing field assets to the exploration of new and untapped energy fields

We have claims leadership capability with a global network of in-house

Control of Well (OEE)

Third party liability

Coverage is provided on a worldwide basis to a client base that includes national oil companies, major integrated energy companies and independent operators in the oil and gas sector

Our Risk Engineering offers clients and brokers access to global risk engineers with extensive experience in the oil/gas and marine industry.

Line size

100

million USD

any one platform or complex all interests combined

Territories

Worldwide

Downloads

Offshore Energy Factsheet

Download

Claims Offshore Energy Factsheet

Download

Meet our Exploration and Production specialists

Get in touch with one of our specialists who will be able to help answer any questions and guide you through next steps.

Underwriters

Claims team

Very user friendly and responsive team. They are commercial in their approach and responsive urgent client requirements so we are always happy to recommend them.
Energy and Construction Broker

More about our products

Energy and Construction

We provide specialty products and services for the oil & gas, petrochemical and chemical industries globally.

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All insurance products

Supported by technical expertise, risk management and market understanding.

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