鶹ýapp

Natural Resources and Construction Insurance

鶹ýapp Commercial specializes in providing comprehensive and customized insurance and inspection products, services and solutions for companies in the energy and construction industries.Our experienced risk consulting, claims and underwriting teams have a wealth of technical excellence in managing engineering and energy risks around the world. Our solutions are flexible and tailored to meet the unique needs of each client.

We are well equipped to meet the most demanding challenges in the energy insurance landscape and are actively addressing climate change across all segments. In particular, we are focused on expanding our presence in renewable energy and green technologies, as well as contributing to the emerging global hydrogen economy.

From mid-sized contractors, to single engineering projects, to the most challenging construction projects, we provide comprehensive insurance and inspection solutions during both the construction and operational phases.

Product description
Risks covered
  • Offshore Natural Resources
    - Construction and Operational PD/BI/DSU
  • Onshore Natural Resources
    - Operational PD/BI
  • EAR/CAR - Course of Construction
    - Single Projects, Annual Policies/Open Covers including TPL, CPE, DSU
  • CECR / Operational Infrastructures (combined with CAR)
  • Inherent Defect Insurance (combined with CAR)
    - Inherent Defect Insurance
Appetite
  • Offshore Natural Resources
    - Oil and Gas E&P assets*
    - FPSOs
    - Offshore wind
  • Onshore Natural Resources
    - Refining and petrochemical assets
    - LNG processing
    - Chemical fertilizer plants
    - Renewables
    - Wind
    - Solar PV
    - Hydrogen
    - Hydro
    - Carbon capture
    - Conventional power plants
    - Mining
  • EAR/CAR - Course of Construction
    - Annual Policies / Open Covers (Contractors, Owners / Principals)
    - Civil Engineering projects
    - Buildings
    - Manufacturing Plants (all industries)
    - Oil & Gas (excluding Oil Sands)
    - Mine Development (excluding thermal coal)
    - Utilities
    - Conventional Power (excluding coal)
    - Renewable Energy (Onshore Wind, PV, Hydrogen)
  • CECR
    Civil Engineering structures
    IDI
    Commercial IDI
Restricted/Limited
  • Thermal coal
  • Mine tailings dams
  • Underground mining
  • Tar sands
  • Waste to energy
  • Geothermal
  • Solar thermal
  • Stand-alone fracking
  • Stand-alone drilling and land-rigs
  • Coverages
  • - High Nat Cat areas (single risks and accumulation with open covers)
  • - High DSU exposures
  • - Unproven technologies

  • Occupancies
  • - Waste to Energy
  • - Biomass
  • - Hydro Power
  • - Underground mine development
  • - Timber / Wood frame construction
No appetite
  • EAR/CAR - Course of Construction
  • - Coal
  • - Oil Sands
  • - Geothermal Power Plants
  • - Solar Thermal Power Plants
  • IDI
  • - Residential IDI
鶹ýapp Commercial will consider every risk on its own merit.Capacity and coverage offered to individual clients subject to hazard, Nat Cat exposure, grading, terms & conditions.
The products and services described on this page may not be available in all 鶹ýapp Commercial locations. This is for your general information only.Please contact your local brokerfor full information on local product availability.

1. Natural catastrophes (38%) - 2023 rank: 2 (34%)

2. Fire, explosion (31%) - NEW

3. Business interruption (28%) - 2023 rank: 1 (39%)