Energy

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    • The Chartis Building
      58 Fenchurch Street ,
      London EC3M 4AB

      Tel: 020 7954 7000

      Fax: 020 7954 7001

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Industry Insights

  • What is the outlook for global oil in 2012?
  • Chartis Global Risk Assessments - An oil supply surplus is at risk from geopolitical shocks, especially in the Persian Gulf. Oil prices have had a relatively strong start to the year, largely reflecting saber-rattling in the Persian Gulf and an escalation of Islamist militancy in Nigeria.
  • A high political risk premium is expected to keep prices at elevated levels at least in the first quarter of 2012. Later, however, if fears of major supply disruption retreat, fundamentals should reassert themselves and drive prices somewhat lower. Read more >
  • More Energy Industry Insights
  • Visit our Insight Library for more risks, opportunities and challenges facing the Energy exploration and production sectors. Read more >

Energy Insurance

The growing global imbalance between supply and demand promises more challenges for the energy industry - and new opportunities. Our energy division offers our clients what they need most in times like these: deep understanding of their industry, environment and operations, extensive and specialised expertise, innovative solutions, superior loss control capabilities, responsive claims handling, substantial insurance capacity and a truly global reach.

We can provide tailored cover for offshore and onshore energy and chemical accounts, including fronting of captives. Our global network and extensive resources mean that we can arrange protection tailored to your particular operation, whether you require a global programme with locally admitted policies, foreign coverage, or a domestic-only programme.

Importantly, our clients benefit from the experience of our loss control consultants including chemical, fire protection and mechanical engineers. They have dealt with virtually all types of energy, chemical and construction exposures and operations over the years and understand the inherent hazards of each activity type. They will work with you to identify and assess the risks of even the most complex facilities, providing recommendations on loss prevention and control issues to help you maintain reliable operations and help reduce your exposure to loss.

The world of energy is a highly complex and specialised place.  At Chartis, we believe it takes the same degree of specialisation to properly address the insurance and risk management needs of those engaged in these businesses.

Market

Oil & petrochemical, power generation, chemical manufacturing, offshore, construction and boiler & machinery sectors.

Features & Benefits

    • Deep understanding of the industry, environment and operations, extensive specialised expertise, innovative solutions, substantial capacity and financial strength

    • Truly global approach to protecting and insuring energy risks

    • Access to specialist in-house loss control and engineering expertise

    • Claims teams located worldwide
    • Alternative and renewable energy consultancy services

Cover

    • Mobile Offshore Drilling Units and Offshore Vessels
    • Operators Extra Expense
    • Fixed Offshore Property
    • Onshore Erection / Construction All Risks
    • Energy Property
    • Offshore Business Interruption (Oil Rig product) 
    • Land Rigs and Miscellaneous Property Insurance (Oil Rig product)
Chartis Offerings