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 can address your specific needs, globally.
Boiler & Machinery Breakdown Insurance reduces losses due to damages of machinery and boilers used.
Comprehensive protection plan against the risks that confront oil and gas contractors or suppliers
Upstream & Downstream Energy Facilities Insurance against multiple risks during operation.
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.
Contact us to find out how we can help you get covered against potential risks