Global Energy insurance for onshore and offshore risks
With dedicated energy insurance teams serving both the onshore and the offshore oil and gas industries, Allianz Global Corporate & Specialty offers a flexible and customized approach for the most demanding global energy insurance challenges.
Specialist risks need both specialist expertise and specialist resources. For offshore and onshore energy insurance, this means not just highly qualified lead underwriters, but also a genuinely global reach, an integrated risk consulting and claims approach, and - of course - a long term commitment to our clients.
With expert teams centered on the industry’s hubs in London, Houston and Singapore, backed up by the ability to underwrite risks in more than 160 countries, we can offer market-leading capacity for a wide range of energy risks, underpinned by our market-leading financial security, rated ‘AA’ by Standard & Poor’s and A+ by A.M.Best.
Supported by one of the most experienced claims and risk consulting teams in the energy insurance business, we pride ourselves on our fast decision making and flexible approach to our clients’ challenges.
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 from our specialist engineering team
Business interruption/loss of production income
Control of well/operators extra expense costs/re-drill/seepage/pollution
- Hull and machinery/total loss cover/freight interest/loss of hire
Package options, including:
Boiler and machinery
Miscellaneous marine liability
Third party liability