Contact Us
  • Level 1, Deloitte Tower
    Douglas Street
    PO BOX 99
    Port Moresby, NCD
    Papau New Guinea
  • Tel: +675 321 2611
  • Fax: +675 321 7034

Energy

Energy insurance products provide property damage, including boiler and machinery coverages, business interruption, and extra expense for energy and energy-related businesses including oil and petrochemical, power generation and utilities, chemical, construction, process industries, and mining companies.

Features and Benefits Back To Top
  • Energy insurance products provide financial protection for direct physical loss or damage to your company’s physical assets as a result of perils such as fire, flood, wind, earthquake, machinery breakdown, explosions and a host of other perils.
  • Types of property that can be insured are buildings, machinery and equipment, boilers and pressure vessels, stocks and supplies, raw materials, finished goods and products;
  • Indirect coverages are available including Business Interruption and Extra Expense insurance;
  • Our available limits are among the highest in the industry - up to $200M in capacity;
  • We offer global risk management and risk transfer solutions for accounts of any size;
  • Clients benefit from worldwide underwriting, engineering, loss control and claims services provided to the energy industry.
Specialised services include:
  • Construction, Property and Boiler and Machinery/Machinery Breakdown Risk Assessment.  We have one of the industry’s largest and most experienced teams focused on assessing construction, property and boiler and machinery related exposures, including risks unique to hydrocarbon processing, power generation, pulp and paper, mining, and metal production and fabrication. Our highly skilled engineers are experienced risk specialists.
In addition to our core Property and Boiler and Machinery services we also provide:
  • Jurisdictional inspections;
  • Thermography services;
  • Transformer Oil and Gas Analysis – TOGA;
  • Fire protection plan reviews;
  • Fire protection drawings – electronic and hard copy;
  • Fire protection – impairment program;
  • Authorised inspection services;
  • Metallurgical assessments and failure analysis services;
  • Boiler water chemistry improvement programs;
  • Material Selection and design review;
  • Corrosion control and prevention strategy development;
  • Risk based inspection, risk assessment and reliability services training.

Our claims specialists have an average of over 15 years experience handling energy and energy related property claims, ensuring that losses are adjusted as expeditiously as possible.  The process is eased for insured parties every step of the way, with everything from online claim reporting to ongoing communications on the status of claims.

Loss Control Engineering Back To Top

Our engineers average nearly 25 years of combined experience in disciplines such
as chemical, petroleum, electrical, mechanical, civil and fire protection engineering.
Our loss control consultants and engineers are skilled in identifying hazards unique to
energy and energy-related operations.

Situated locally around the world, our engineers also speak the local language and
are well-versed in local, national and international codes and standards. They perform
comprehensive risk evaluations and recommend solutions that combine cutting edge
thinking and common sense practicality to mitigate exposures.

Why Choose Chartis? Back To Top

You can be sure that you have a dedicated partner in Chartis.  We are focused in answering your insurance needs today and anticipating tomorrow’s.  We aim for each client relationship to be a true partnership and will take on your challenges as if they were our own.  By meeting straightforward needs as well as solving complex issues, we make your confidence our number one priority.

Chartis is a world leading property-casualty and general insurance organisation serving more than 40 million clients in over 160 countries and jurisdictions. With a 90-year history, one of the industry's most extensive ranges of products and services, deep claims expertise and excellent financial strength, Chartis enables its commercial and personal insurance clients alike to manage virtually any risk with confidence. Chartis is the marketing name for the worldwide property-casualty and general insurance operations of Chartis Inc.