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Home> Products & Services> Umbrella and Excess Liability> Umbrella/Excess (for Energy)

 
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Umbrella and Excess Liability : Umbrella/Excess (for Energy)

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Product Description
  • Lead umbrella and excess liability for all types of energy risks including: utilities, power production, oil & gas, mining and petrochemical manufacturing and distribution
  • Coverage is available on a lead umbrella or straight excess basis
  • Term of coverage extensions may include: pollution, failure to supply, and joint venture covers
Minimums
  • Minimum premium: $50,000
  • Minimum underlying: $1 million per occurrence for general liability, automobile liability and employer's liability
Limits
  • Up to $25 million per occurrence/aggregate - additional limits may be available
  • Attachment point: within the first $100 million excess of primary insurance or self-insured retention
Typical Client Profile

Risks of all sizes in the following areas:

  • Mining
    • Mineral mining and processing
    • Metal mining and processing
    • Quarry operations
  • Oil & Gas
    • Exploration and production
    • Exploration and production services
    • Pipelines
    • Refining
    • Products and distribution
  • Petrochemicals
    • Chemical manufacturing and distribution
    • Intermediate and end products
  • Utilities/Power
    • Independent power projects
    • Alternative energy projects
    • Electric, gas and water utilities
    • Regulated and unregulated utilities
    • Public and municipal utilities
Restricted Classes or Industries
  • N/A
Key Competitive Advantages
  • Individual risk underwriters
  • Occurrence, claims-made and occurrence reported coverages
  • Financial Strength: ACE USA consistently receives among the highest ratings for financial strength from the industry’s principal rating agencies

 



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