Whether our clients are helping power the world today, or defining the energy landscape of tomorrow, we are here to provide them with energy insurance solutions and risk management expertise across every stage of the energy value chain. Our experienced energy insurance team, backed by Sompo’s financial strength, is a full-service solution provider.
Insurance solutions across traditional and renewable energy
Operating from the UK, our team collaborates with a global network of energy insurance and risk management experts and underwriters offering flexibility to integrate liability, marine cargo, terrorism, and professional lines products.
We enable the development of programmes that are customised specifically to the needs of our clients in the energy sector. From exploration and design, to construction, operation, and decommissioning, we develop insurance programmes and solutions across traditional and renewable energy.
Target classes
We offer tailored solutions across a number of sectors:
- Upstream: Exploration and production and drilling contractors
- Midstream: Oil & gas processing, storage and distribution
- Downstream: Refining, petrochemicals, hydrogen and fertilisers
- Power: Electricity generating
- Renewables: Wind, Solar, Hydro, BESS, Interconnectors
Coverage features
- Fully integrated approach
- Up to $200M line capability
- All risks of physical damage
- Loss of production income
- Business interruption
- Mechanical and electrical breakdown
- Control of well
- Construction all risks
- Delay in start up
- Seepage and pollution
- Package policies