Energy

Coverage can be provided for property damage (all risks or single peril), business interruption and electrical and mechanical breakdown.

    Table of Contents

  1. Highlights
  2. Appetite
  3. Info

Coverage Highlights

Our target occupancies include, but are not limited to:

Heavy Industry

  • Metals
    • Steel
    • Aluminum
    • Foundries
  • Mining (above and underground)

Oil and Gas/Chemical

  • Refineries
  • Chemical plants (organic and inorganic)
  • LPG and LNG facilities
  • Midstream plants
  • Terminals and pipelines
  • Biodiesel and ethanol plants

Power Generation

  • Gas turbine plants (simple combined cycle or co-generation)
  • Internal combustion engine power plants
  • Renewable energy
    • Hydroelectric
    • Wind
    • Solar
    • Biomass
    • Geothermal
  • Thermal plants
    • Coal
    • Oil
    • Gas-fired
  • Waste-to-energy plants
  • Water utility
  • Desalination

Appetite & Availability

Territories

Argo Insurance in Bermuda underwrites onshore energy business on a global basis.

Risk Appetite

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:

  • Primary
  • Quota share
  • Excess-of-loss

Distribution

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.

Additional Information

Expertise

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.

Contact

Bob Hansberry

Head of Insurance, Bermuda and UK

441-278-0754

Ann Holden

VP, Energy Insurance Underwriter

441-278-0731

Gareth Williams

VP, Energy Insurance Underwriter

441-278-0730

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