Insurance services for the global chemicals and petrochemicals industries
With products ranging from polymers and plastics to advanced specialty chemicals, the chemicals and petrochemicals sectors require in-depth insurance expertise, tailored for these specialist industries.
Allianz Global Corporate & Specialty supports the industry with a range of chemical and petrochemical sector insurance products which can be adjusted to match the needs of each client – be they specialists in life sciences and pharmaceuticals or manufacturers of commodity chemicals or petrochemicals.
For this global industry, we deploy global resources, consisting of a network in more than 160 countries, coordinated through Global Practice Groups. These teams integrate our many years of chemicals industry insurance experience covering underwriting, claims and risk consulting.
The result is a flexible approach with major underwriting capacity for the largest global chemical risks, using all of Allianz Global Corporate & Specialty’s resources to focus on solution-finding for chemical industry clients.
With an established reputation as lead underwriters, we offer long term consistency and stability for our clients, as demonstrated by our market-leading financial security ratings and by the long-running client relationships we enjoy with many of the chemical industry’s largest names.
Chemical and Petrochemical Industry Insurance - from A-Z
Allianz Global Corporate & Specialty is one of the few global insurers which can address the full range of corporate risks within the chemical and petrochemical sectors, including:
- Property damage cover (including physical damage from natural hazards such as flooding, windstorms or earthquakes)
- Business Interruption
- Liability (including product recall, employers and public liability, environmental liability)
- Onshore energy coverage for petrochemicals and chemical plants
- Clinical trials liability
- Marine cargo / goods in transit / storage risks / project cargo
- Directors & Officers and other management liability
- International Insurance Programs
- Captive services
- Risk consulting
- Engineering (chemical plants under construction)