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Energy and Resources
Your industry in focus
We’ve drilled down into your line of business before and there’s no doubt the work you do is complex and so are the risks. With decades of experience under our belts, we understand the increasing demands for energy and resources, the industry innovations that help set our future up for success and the regulations that guide the way. To succeed, it’s important your business remains adaptive and flexible. That’s exactly how we operate at Sovereign Insurance. We’re agile and offer direct access to our experts who are empowered with local decision-making authority. This enables us to support our clients and partners through fast turnarounds, highly responsive service and strong, trusted relationships. Simply put, we get you the coverage you need without delay.
Targeting:
Upstream and mid-stream oil and gas
Power generation and utility operations
Hard rock and soft rock mining
Greenfield energy construction projects
Emerging clean technology, aiding in the energy transition
Specializing in:
- Gas Plants
- Conventional and Unconventional Oil & Gas Production Facilities
- Tank Farms, and Bulk Commodity Terminals
- Pipelines
- Oil Sands mining, upgrading and in-situ production (SAGD etc.)
- Chemical and Petrochemical facilities
- Carbon Capture, Sequestration & Storage
- Biofuel, and Waste to Energy Facilities
- Renewable Natural Gas (RNG) Facilities
- Power generation and utilities – conventional and renewable
- Mining and Mineral processing including underground exposure
- New Project construction in support of all our targeted specialties
What Sovereign's energy and resources solutions offer:
A packaged policy doesn’t always meet the needs of your complex business. We have the industry knowledge to help guide you through coverage selection and our partners through placement structure. And through our strong AM Best A- (Excellent) rating and consistent application of our capacity, we’re able to work with partners to provide lead or supporting subscription positions on your insurance programs. Our underwriters are technical, empowered, highly responsive and agile. We strive to deliver the targeted coverage you need and the exceptional experience you expect.
We can develop a solution for:
- Quota share, Primary, or Excess Energy Property
- Business Interruption
- Contingent Business Interruption
- Extra Expense
- Equipment breakdown
- Project Construction, including Testing and Commissioning
- Loss Control expertise
Coverages designed to protect your business
National and international property insurance
Our national and international property insurance programs provide coverage for physical damage, business and contingent business interruptions, and extra expense throughout the oil and gas, chemical, petrochemicals, power generation and mining industries.
Contractors All Risk and Erection All Risk insurance
From the inception of a project through the testing and completion phase, we provide comprehensive physical damage coverage appropriate to the risk. Where a potential construction loss may lead to a delay, we can provide coverage for ongoing expenses and loss of anticipated earnings to provide financial stability to such capital investment.
National Risk Engineering Services
Our experienced underwriters work closely with our in-house Risk Engineering Services team to understand the risks our clients face. We address emerging industry risks in inherently innovative industries and provide support and solutions in renewable energy such as, biofuels, run of river and wind.
KEY COVERAGES
- National and international property insurance
- Contractors All Risk and Erection All Risk insurance
- National Risk Engineering Services
National and international property insurance
Our national and international property insurance programs provide coverage for physical damage, business and contingent business interruptions, and extra expense throughout the oil and gas, chemical, petrochemicals, power generation and mining industries.
Contractors All Risk and Erection All Risk insurance
From the inception of a project through the testing and completion phase, we provide comprehensive physical damage coverage appropriate to the risk. Where a potential construction loss may lead to a delay, we can provide coverage for ongoing expenses and loss of anticipated earnings to provide financial stability to such capital investment.
National Risk Engineering Services
Our experienced underwriters work closely with our in-house Risk Engineering Services team to understand the risks our clients face. We address emerging industry risks in inherently innovative industries and provide support and solutions in renewable energy such as, biofuels, run of river and wind.
*The information on this page is provided for informational purposes only. Please refer to your policy for applicable coverage details, limitations, and exclusions.
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Sovereign Insurance | Featuring Derek James
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