Upstream Energy

Our Upstream Energy insurance covers clients and contractors engaged in oil and gas exploration and production.

The insurance offers protection for property such as offshore installation, mobile drilling units, accommodation units, floating production storage and offloading (FPSO) operators, extra expenses, control of well plus associated cargo, offshore liabilities, and loss of production income.

We also cover construction and installation of offshore property, offshore contractor vessels and property, builders risk, and offshore liabilities.

  • Appetite for Norwegian based risks
  • Only offering follow lines
  • Sound knowledge of local language and law
  • Policy wording format Norwegian or UK
  • Appetite for primary and XOL placements
  • Policy range include construction, hull and machinery for contractors, loss of hire, contingent OEE, and E&P (exploration and production)

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