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.