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ACE Umbrella PlusSM Commercial Umbrella Liability Insurance for the Energy Industry

As the landscape of the energy sector continues to transform, so do the risks that energy companies face. In the midst of these transformational changes, energy industry leaders look for ways to mitigate future risks and partner with an insurer that can provide seamless coverage as the key element of their risk management strategy.

With specialized and consistent underwriting expertise, ACE is committed to servicing the needs of our energy clients, who range in size from large Fortune 1000 multinational corporations to smaller companies with operations confined to a single location. In response to today’s changing risks and our clients’ needs, ACE is proud to offer the following innovative coverage options to address the unique energy exposures.

ACE Umbrella/Excess Liability insurance offers specialized solutions for the traditional and renewable energy industry, which includes utilities, power generation, alternative energy, oil & gas, pipelines, mining, chemical and petrochemical manufacturing and distribution.

Benefits:

  • Experienced energy underwriting specialists
  • Innovative solutions to address unique energy casualty coverage requirements

Coverage:

  • Occurrence, claims-made and occurrence reported coverages
  • Lead umbrella or standard excess basis
  • Term of coverage extensions may include: pollution, failure to supply and joint venture covers

Minimums & Limits

Minimums

  • Minimum premium: $37,500
  • 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

Target Client

Risks of all sizes in the following areas:

Mining

  • Coal Mining
  • Metal mining and processing
  • Mineral mining and processing
  • Quarry operations

Oil & Gas

  • Gathering pipeline
  • Transmission Pipelines
  • Natural Gas storage and processing
  • Refining
  • Wholesale Distribution

Chemicals

  • Industrial Chemical manufacturing and distribution
  • Industrial Gasses
  • Resins and Coating products

Utilities/Power

  • Alternative energy generation
  • Independent power producers
  • Municipal utilities and Co-Operative Utilities for electricity, gas and water
  • Other related operations including: energy marketing, transmission, system operation, equipment manufacturing