Natural Resources risk indicators

Natural Resources businesses present unique risks and opportunities. These indicators outline key factors that strengthen or limit Chubb’s appetite within this diverse sector:

  • Factors strengthening Chubb’s appetite
    Methane emissions mitigation

    Implementing LDAR plans in oil & gas operations demonstrates environmental responsibility.

    Fleet safety programs

    Vehicle maintenance, driver training, and telematics systems reduce transportation risks.

    Strong contractual practices

    Robust contracts help manage liability and clarify responsibilities.

    Positive loss history

    A favorable claims record reflects effective risk management.

  • Cautious account factors
    Financial instability

    Poor financial health undermines risk management capabilities.

    Large auto fleets

    Extensive fleets increase exposure to accidents and losses.

    Weak contractual controls

    Lack of strong contracts heightens liability and operational risk.

Industry resources

Agency Education training courses

Available through the Online Learning Center. Learn More

Services

Need more guidance? We're here to help.

If you haven’t found the coverage solution or appetite information you need, our team is ready to assist. Connect with a Chubb expert for personalized support and answers to your questions.