SID Re considers energy risks across construction, operation and associated liabilities, subject to detailed technical information and specialist underwriting.
Conventional Energy
- Onshore oil and gas
- Offshore oil and gas
- Exploration and production
- Drilling contractors
- Refineries
- Petrochemical plants
- Pipelines
- Terminals and storage facilities
- Gas-processing facilities
- Power generation
- Transmission and distribution
- Utilities
Renewable Energy
- Solar photovoltaic projects
- Concentrated solar power
- Onshore wind
- Offshore wind
- Hydroelectric projects
- Battery energy-storage systems
- Geothermal facilities
- Biomass and waste-to-energy
- Renewable-energy infrastructure
- Green-hydrogen projects, where technically acceptable
Potential Coverage Areas
- Property damage
- Machinery breakdown
- Business interruption
- Construction and erection
- Control of well
- Operators’ extra expense
- Offshore construction
- Energy liabilities
- Environmental exposures, where agreed
- Delay in start-up
- Natural catastrophe
- Equipment-performance risks, where specifically structured
Energy opportunities require careful assessment of technology, operational experience, maintenance, catastrophe exposure, supply chains, contractual allocation and loss potential.