Power, Downstream Energy & Engineering

Power & Utilities

We provide bespoke insurance solutions to our clients with each risk being considered based upon their risk profile covering a broad range of occupancies in Power & Utility sectors including the following;

• Conventional steam power plants
• Gas turbine power plant (Simple Cycle & Combined Cycle)
• Hydroelectric power plants
• Wind Farms (Onshore)
• Solar Photovoltaic
• Solar Concentration
• Substations
• Sewage Treatment

Our products include ‘All Risk’ Property cover which can include Machinery Breakdown & Boiler Explosion/Implosion along with Business Interruption. Coverage may be customized by providing various policy extensions as per business needs.

Our target clients are large and mid-sized power and utility companies, independent power producers and renewable energy companies.

Our primary territory is the Middle East, Turkey and CIS countries but we can consider risks outside our territory on case to case basis.

Our advantage:

• Strong reputation with brokers and clients
• Industry expertise
• Regional experience
• Local presence with full authority to bind business backed by A+ rated security

Onshore Energy

We provide tailored insurance solutions to our clients and brokers across a broad range of occupancies in the downstream/midstream sectors including the following:

• Onshore Oil & Gas production facilities (gathering stations/separation facilities)
• Tank farms
• Gas processing plants
• Onshore pipelines and compressor/pumping stations
• Oil & Gas terminals
• Petrochemical plants
• Oil refineries
• LNG & LPG facilities

Our products include ‘All Risk’ Property cover which can include Machinery Breakdown & Boiler Explosion/Implosion along with Business Interruption. Coverage may be customized by providing various policy extensions as per business needs.

Our target clients are oil & gas companies with minimum total insured value of USD 100 million.

Our primary territory is the Middle East, Turkey and CIS countries but we can consider risks outside our territory on case to case basis.

Our advantage:

• Strong reputation with brokers and clients
• Industry expertise
• Regional experience
• Local presence with full authority to bind business backed by A+ rated security

Engineering

We offer specialized insurance solutions for engineering and construction risks to businesses of all types and sizes covering a wide range of industrial segments including the following:

• Buildings
• Airport Terminals
• Civil Infrastructure
• Power Generation
• Chemical Plants
• Petrochemical Plants
• Oil & Gas (Midstream/Downstream)
• Manufacturing
• Pharmaceuticals
• Renewable Energy

We provide ‘All Risk’s covers to contract works tailored to meet our clients’ requirements starting from the site mobilization until the commissioning and handover of completed works. Apart from the main coverage for Material Damage, Delay in Startup, and Third Party Liability, coverage can also be extended to include Maintenance, Debris Removal, Expediting Expenses, Inland Transit, Off site storage, Professional Fees and many more.

Our target clients are the large and mid-sized contractors with successful track record of delivering projects of high standards.

Our primary territory is the Middle East, Turkey and CIS countries but we can consider risks outside our territory on case to case basis.

Our advantage:

• Strong reputation with brokers and clients
• Industry expertise
• Regional experience
• Local presence with full authority to bind business backed by A+ rated security

(Regulated by the DFSA)