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We are with you

At your side to insure your business

Energy & Chemicals

In a world ever more complex and unpredictable, multinational companies need a strong and experienced partner to overcome many challenges:

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Increasing non-damage business exposures
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Natural catastrophes
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Complex global regulatory environment
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Technological risks
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Complex and severe operational risks

5 reasons to choose us

  1. You can count on our reputationBased on our solid reputation customers are keen to engage with us. Be supported by our niche team under the umbrella of the world’s number 1 insurance brand.

  2. You can utilise our global presenceOur global footprint is highly valued, both in terms of our proximity to clients and our international network reach.

  3. You benefit from our multi-product platformBy offering a broad multi-line approach, we can provide you with the confidence that you are purchasing efficient and watertight coverage.

  4. You can trust us to support youOur strong credit rating makes us an attractive long-term business partner that clients are willing to trust.

  5. You will come to rely on our expertiseOur power generation, renewables and chemical risk engineering expertise is valued by clients, who consider this service as key in maintaining a robust risk management structure for complex processes.

We are at your side to meet your cover needs

Our Energy & Chemicals offer

We provide the following covers:

  • Damage to your property
  • Damage and defects on your construction projects
  • General liabilities- 1st and 3rd Party
  • Business interruption including non-damage
  • Delay in start-up / Advanced loss of profits
  • Maintenance and machinery breakdown

We insure the following industries:

  • Gas and electrical utilities
  • Transmission and distribution companies
  • Power generation companies
  • Renewable energy developers and owners
  • Oil and gas companies
  • Base and heavy chemical refiners and manufacturers

Our stance on protecting the environment:

  • We will no longer insure the construction of new coal plants
  • We do not provide operational covers for existing coal plants when these are included in coal-only risk packages
    Except for countries where access to energy remains a concern for local populations, and baseload energy alternatives are not yet in place: Malaysia, Colombia and the Philippines.
  • We will not support operations which present a severe risk to the environment such as Arctic drilling or oil sands projects

We believe that insurers can help to tip the balance away from carbon intensive industries and towards a greener future by supporting forward thinking clients through the energy transition

Klaus Hoffman / Global CUO Energy & Chemicals

Discover the team