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
- Midstream plants
- Terminals and pipelines
- Biodiesel and ethanol plants
- Gas turbine plants (simple combined cycle or co-generation)
- Internal combustion engine power plants
- Renewable energy
- Thermal plants
- Waste-to-energy plants
- Water utility
Appetite & Availability
Argo Insurance in Bermuda underwrites onshore energy business on a global 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:
- Quota share
Writing as a coverholder for Lloyd’s Syndicate 1910 or on Argo Re Bermuda 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.