The Energy team underwrites onshore energy business on a global basis. Coverage can be provided for property damage (all risks or single peril), business interruption and electrical and mechanical breakdown.
Our target occupancies include, but are not limited to:
Mining (above and underground)
Oil and Gas/Chemical
Chemical plants (organic and inorganic)
LPG and LNG facilities
Terminals and pipelines
Biodiesel and ethanol plants
Gas turbine plants (simple combined cycle or co-generation)
Internal combustion engine power plants
Appetite & Availability
Argo Insurance in Bermuda underwrites onshore energy insurance and reinsurance on a worldwide basis.
Argo Insurance has $50 million of fire capacity and typically can provide $25 million of catastrophe capacity for direct and facultative business, depending on the peril and region.
We can consider capacity per account for:
Writing as a coverholder for Lloyd’s Syndicate 1200 or on Argo Re Ltd. paper, the company provides best-in-class solutions to meet client needs, including all licensing and rating considerations.
Argo’s commitment to specialization, deep expertise and dynamic relationships provides a winning combination for mutual success. The underwriting team works closely with brokers and their clients to help with risk requirements, assisted internally by dedicated wordings and claims teams.
For more information about Energy, please contact: