Upstream Energy Insurance

Canopius offers risk transfer to clients involved in offshore and onshore energy exploration and production against risks during construction and whilst operating including:
  • Business interruption and loss of hire
  • Cost of well control and clean up
  • Debris removal
  • Physical loss or damage
  • Re-drilling
  • Third party liabilities
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Why choose Canopius?

Capacity

Up to $250m (USD) capacity across all lines supported by A rated Lloyd’s security.

Our empowered specialists take a consistent approach to both underwriting and claims to ensure our clients are always directly in touch with decision makers.

Our offices in London and Singapore enable us to provide comprehensive support to clients world-wide, ensuring local expertise and global insight.

We leverage cutting-edge technology and analytics to tailor solutions that meet the evolving needs of the Energy sector.

Internal and external risk engineering expertise ensures that underwriting and claims understand the technical aspects of our clients’ risks and can be deployed to advise clients on risk mitigation.

Longstanding and market recognised team of lead underwriters in their respective disciplines supported by risk engineering and claims expertise.

Our target risk

Our typical clients include:
  • Drilling and service contractors
  • Energy construction contractors
  • Exploration and production companies
    • Independent oil and gas companies
    • National oil and gas companies
  • Integrated energy companies
  • Oil and gas transmission companies
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Contact us

Please speak to one of our specialist underwriters to learn more about our Upstream Energy insurance services. We are here to help you find the best solutions for your business.

FAQs

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