Energy Insurance

Oil and gas exploration, hydrocarbon production and renewable energy operations present many risks, often in inhospitable working environments. We support our clients with coverage including property damage, third party liability, construction and operational risk, and business interruption.

Products & Services

How else can Chubb protect your operations?

  • Downstream/Onshore Energy

    For all aspects of oil, gas and petrochemical operations, this covers crude oil production and refining, hydrocarbon cracking and transportation and storage of energy products.

  • Upstream Energy

    This policy provides property damage, operator’s extra expense, third-party liability and business interruption cover for national oil companies, as well as major oil companies, independent operators and drilling contractors. 

  • Offshore Renewables

    Protection for the construction and operation of offshore wind farms. Cover includes: construction all risks, delay in start-up, operational all risks and business interruption.

Risk Scenarios

How Chubb energy insurance keeps companies like yours covered

Who it's for:

  • Upstream and downstream oil and gas businesses
  • Offshore renewable energy developers
  • Drilling contractors
  • Electricity interconnectors
  • Companies that transport and store oil, gas and petrochemicals
  • Pulp and paper companies

What it covers:

  • Property damage
  • Machinery breakdown
  • Operator’s Extra Expense
  • Third Party Liability
  • Construction All Risks
  • Business Interruption
Climate +

Chubb Climate+ spans major industries, with a goal of enabling climate change progress in a meaningful way.

Chubb Climate+ draws on our extensive technical capabilities in underwriting and risk engineering, bringing together Chubb units engaged in Energy, Renewable Energy and Alternative Fuels, Climate Tech, and Risk Engineering services. 

 

We provide a full spectrum of insurance products and services to businesses engaged in developing cutting-edge products and services, or employing new technologies and processes that support the transition to a low-carbon economy.

FAQs

This insurance provides protection against risks relating to oil and gas exploration, as well as crude oil production, transportation and storage. It also covers risks associated with the development of newer forms of renewable energy.

Energy insurance covers companies from losses relating to pollution, property damage, construction risks, bodily injury and legal fees. There is also coverage for machinery breakdowns and business interruption.

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