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Energy2024-04-01T15:20:03+00:00
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.

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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.

Put The Power Of An Entire Network Behind Your Company

Our comprehensive approach to insurance and risk management begins by analyzing energy-focused business operations from the ground up.

Experience in Energy Operations

  • Exploration and development

  • Drilling

  • Lease operators

  • Well servicing

  • Testing and treating

  • Production

  • Wholesale and retail distribution and reclamation

  • Alternative and renewable energy

Resources

Our in-depth understanding of your business allows us to uncover often-unseen risks and opportunities that can dramatically lower your exposure and costs.  Quite literally, we dig deeper to help you identify your exposure and efficiently minimize your risks through proven loss prevention and loss reduction techniques.

Recruiting and retaining the best and brightest is critical to your long-term success. All too often, the difference between a “loyal career” and “just another job” comes down to employee benefits. But unfortunately, after payroll, employee benefits are the largest budget item for most businesses.

At INSURICA, our Employee Benefits Experts can help you develop and implement a benefits program designed to motivate your employees while minimizing your cost.

We are proud to be an Assurex Global Partner. Assurex Global is the world’s largest privately-held risk management and commercial insurance brokerage group. Due to Assurex Global’s worldwide Partnership, collaboration tools, and communications infrastructure, all Assurex Global Partners are capable of servicing your accounts across the globe with equal precision and localized service.

Claims

Claims

We define claims management a little differently. We view our role as “a partner in your company’s profitability.”

Loss Control

Loss Control

Loss control has become one of the most important elements of your business’s insurance
program.

Alternative Risk

Alternative Risk

Self-insurance, large deductible plans, captive insurance…Our programs are tailored to fit your specific needs.

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

April 1st, 2024|Blog, Energy, Energy Newsletters, Safety Tips, Trending|

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.

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Heat Rules: OSHA’s National Emphasis Program (NEP) for Heat

March 5th, 2024|Blog, Commercial Insurance, Construction, Energy, Risk Management, Safety Tips|

As OSHA’s National Emphasis Program (NEP) for Heat enters into its second year, it is important to revisit some key takeaways.

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Parametric Insurance: A Sure Bet on Nature’s Gambles

March 4th, 2024|Blog, Construction, Energy, News, Risk Management, Trending|

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.

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