- As an energy sector company, you have unique and complex needs when managing and financing the cost of risk.
- With Chubb, you benefit from our Houston-based energy team’s expertise in developing tailored solutions to fit your specific needs.
Coverage Highlights
Benefits
- Industryfocused underwriting expertise that provides creative customized programs which can include a large risk bearing appetite
- Specialized industry claims capabilitiesGlobal and multi-line capabilities
- High service standards
- Relationship focus
- Financial strength of Chubb, consistently high ratings for financial strength from the industry's principal rating agencies
- Worldwide reach as part of Chubb’s global network of affiliates and partners providing products products in more than 150 countries around the world
Coverage
- Workers Compensation
- General Liability
- Automobile Liability
Minimum
- $150,000 or greater for Workers Compensation (WC)
- $250,000 or greater WC Self Insured Retention (SIR) or Texas Excess Employers Indemnity
- $250,000 or greater for General Liability (GL) and $100,000 or greater for Automobile Liability (AL)
- Guaranteed Cost considered for incidental GL and AL exposures
- Minimum deductible/retentions may vary subject to underwriting and program structure review
Limits
(Per claim or per occurrence and aggregate if desired)
- Statutory Capacity - WC (admitted)
- Up to $15 million - Excess Workers Compensation and Texas Employers Indemnity (non-admitted)
- Up to $5 million – GL and AL
- Limits available are subject to underwriting and program structure review
- Additional capacity may be available subject to underwriting and program structure review
Client Profile
- Oil & Gas
- Exploration & Production
- Utilities & Power (electric, gas and water)
- Petrochemicals
- Ethanol Plants
- Mining
- Refining
- Pipelines
- Public and privately held companies
Companies with:
- Strong financial histories or strong growth opportunities
- Established or prospective risk retention appetites
- 30 percent or greater exposure categorized as energy
- Established health, safety, and environmental programs and/or catastrophe response programs
Insurance provided by ACE American Insurance Company and its U.S. based Chubb underwriting company affiliates. All products may not be available in all states. This communication contains product summaries only. Coverage is subject to the language of the policies as actually issued. Surplus lines insurance sold only through licensed surplus lines producers.
Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 40,000 people worldwide.