ENERGY


Given the high stakes and unique complexities of the oil & gas industry, the best way to protect assets and manage risks is to partner with a company that specializes in the energy risk business, specifically oil and gas wholesale insurance. Towerstone provides a highly personal, consultative relationship including risk control, claims advocacy, and contract management services specific to the needs of oil & gas clients.

Towerstone works with independent insurance agents and brokers throughout the United States to provide market access and energy industry expertise to assist you with your oil and gas insurance needs. Our industry veterans each have more than 20 years of experience in the placement of energy-specific commercial insurance and surplus lines. When you work with Towerstone, you outsource to a group that designs programs specifically for the insured.

In addition to operating under a surplus lines license, Towerstone also works with admitted companies to provide a complete insurance coverage program.

Energy Coverage Available

  • Control of Well (Operator’s Extra Expense)
  • Onshore Production, Processing and Compression Property Damage
  • Offshore Platform and Pipeline Damage
  • Loss of Offshore Production Income
  • Primary Casualty
  • Umbrella/Excess Liability
  • Marine Operations
  • Onshore & Offshore Construction
  • Drilling Rig Physical Damage
  • Specific Catastrophe Coverage

 

Target Industries:

  • Oil & Gas Exploration and Production
  • Drilling and Well Servicing Contractors
  • Pipeline Construction
  • Gas Gathering and Processing Operations
  • Natural Gas Liquids Separation and Storage Facilities
  • Pipeline Operations (including refined products pipelines)
  • Refining/Storage/ Processing Operations
  • Utility/Power Generation Operations
  • Underground Natural Gas and Gas Liquids Storage Operations
  • Specialty Chemicals Manufacturing
  • Energy Related Products Manufacturers
  • Petrochemical Manufacturers