ACE Umbrella PlusSM Commercial Umbrella Liability Insurance for Energy Industry
ACE Umbrella/Excess Liability insurance offers specialized solutions for the traditional and renewable energy industry, which includes utilities, power production, 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: $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
Target Client
Risks of all sizes in the following areas:
Mining
- Metal mining and processing
- Mineral mining and processing
- Quarry operations
Oil & Gas
- Exploration and production
- Exploration and production services
- Pipelines
- Products and distribution
- Refining
Chemicals & Petrochemicals
- Chemical manufacturing and distribution
Utilities/Power
- Alternative energy projects
- Independent power projects
- Public and municipal utilities electric, gas and water utilities
- Other related operations including: energy marketing, transmission, system operation, equipment manufacturing
