Specializing in
Energy
Business in the energy sector is a fountainhead of complex and often costly challenges.
Having a comprehensive understanding of the energy industry is paramount to protecting
your assets, workers and company from risk and exposure.
INSURICA’s Energy Experts
INSURICA’s Energy Experts bring unparalleled knowledge of the upstream, midstream, and downstream energy markets, renewable energy markets, petrochemical and oilfield services.
Proven Process
Through a proven process our dedicated team develops customized insurance and risk management programs designed to help reduce our client’s loss frequency and severity, contributing to their overall profitability. Our clients have access to almost every major carrier, providing a wide variety of energy-specific coverages and services such as: Pollution Liability, Drilling and Large Servicing Rig Floaters, and Control of Well Insurance.
Find Out More About Our Services and Capabilities
We are here to answer any questions you may have and look forward to hearing from you.
Latest News
Today’s insurance programs must take into account the unique challenges faced by each client. In addition to a strong coverage program, some businesses may need advanced services. INSURICA has the additional Client Services required by complex business operations.
Oil and Gas Industry Coverage Options
According to the Bureau of Labor Statistics, nearly 500,000 workers are currently employed in the oil and gas extraction industry in the United States, and that number is on the rise as the world’s demand for energy continues to grow. This increase means more risks for well operators as they struggle to keep up with demand. Fortunately, there are many types of coverages available to those in the oil and gas industry to help mitigate these risks.
Heat Rules: OSHA’s National Emphasis Program (NEP) for Heat
As OSHA’s National Emphasis Program (NEP) for Heat enters into its second year, it is important to revisit some key takeaways.
Parametric Insurance: A Sure Bet on Nature’s Gambles
Parametric insurance sounds a lot like betting on horses. In betting on horse races, there is a set threshold - the finish line - that must be crossed to trigger a payout. In parametric insurance, there is a threshold that set parameters must cross to trigger payout.