What is offshore power insurance?
This protection gives property, outsider obligation, control of well and business interference cover for public oil organisations, autonomous administrators and boring project workers associated with the investigation and creation of oil and gas.
Why YOU need offshore power insurance!
Our guaranteeing, designing and claims group comprehend the energy business and work in conveying arrangements that address customers’ issues through changing economic situations.
Our designing danger appraisal abilities give important data to customers to limit their dangers all the more viably.
Gain protection from perhaps the most monetarily strong, worldwide insurance agencies.
Our standard offshore policy cover includes:
Property
Control of Well
Business Interruption & Liability
Our endorsing, designing and claims group comprehend the energy business and work in conveying arrangements that address customers’ issues through changing economic situations.
Offshore liability insurance covers the liabilities of administrators of seaward designs or project workers dealing with them, including liabilities emerging from contamination episodes. The offshore design may comprise a business foundation for the motivations behind hazard area. The danger area is the region in which the protected’s business foundation is found.
Oil and gas investigation and creation, including cost of well control and actual harm to seaward stages, pipelines and versatile boring units. Our upstream group are ready to give construction protection to most parts of the seaward oil and gas industry.
Oil Refining, gas handling including LNG creation, petrochemical creation, hydrocarbon transportation and capacity, weighty synthetic substances and drug fabricating.
Renewable and conventional power generation, including transmission and dispersion.
Surface and underground digging tasks for metals, minerals and other normal wares.
Assembling of mash and paper items and liquid metals.
Operational and development liabilities for the Upstream, Downstream, Mining and Power Generation (counting Renewable Energy) lines of business.
Frequently Asked Questions
This protection gives property, outsider responsibility, control of well and business interference cover for public oil organisations, free administrators and boring workers for hire engaged with the investigation and creation of oil and gas.
We cover organizations in power age, power supply, environmentally friendly power, oil refining and petrochemical preparing, against all danger of direct actual misfortune or harm to property including business interference emerging.
The Energy Casualty group can give inclusion to a scope of investigation and creation and halfway dangers, both inland and seaward including: Mobile Offshore Drilling Units, Designing and Service Contractor Vessels, Gliding Production and Storage Units.
Offshore Wind is Right on Time: Offshore breezes are regularly more grounded during the day, considering a more steady and effective creation of energy when shopper request is at its pinnacle. Most land-based breeze assets are more grounded around evening time, when power requests are lower.
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Who to speak to?
Stuart Belbin
Stuart joined Ascend in October 2020, having previously worked at A Plan and WRS, where he developed his specialism in the commercial and charity sectors. At Ascend, Stuart leads the development of these sectors as a customer-facing account executive with experience in providing effective cost & risk management insurance solutions.
Bringing together the best of his national and independent broking experience, Stuart is able to provide Ascend clients, from medium privately-owned businesses to public limited companies, with leading market solutions across a wide range of industry sectors.
Senior Account Executive
M: 07736 956221 E: Stuart.Belbin@ascendbroking.co.uk
