The energy industry faces evolving risks that can impact daily operations. Whether you run a power plant or manage an oil rig, our proven expertise and flexible products aims to address your specific needs globally.
Superior insurance coverage for plant and machinery loss and damages
Superior protection against liabilities and loss in the business
Upstream & Downstream Energy Facilities Insurance for the Commercial sector from Chubb, extensive market-leading risk management products and services
Chubb’s commitment to do its part as a steward of the Earth is reflected in the company’s policy concerning coal-related underwriting and investment, which was adopted on July 1, 2019. With the new policy, the company will no longer underwrite the construction and operation of new coal-fired plants or new risks for companies that generate more than 30% of their revenues from coal mining or energy production from coal. Insurance coverage for existing coal-plant risks that exceed this threshold will be phased out by 2022, and for utilities beginning in 2022.
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