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Downstream Onshore Energy and Power Insurance

We cover businesses in power generation, electricity supply, renewable energy, oil refining and petrochemical processing, against all risk of direct physical loss or damage to property including business interruption arising.

Risk Consulting

Risk consultants providing comprehensive risk management solutions based on an understanding of client business priorities and goals.

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Coverage

Coverages provided to the onshore assets of our clients include but not limited to:

  • All risk property damage
  • Boiler explosion/machinery breakdown
  • Resulting time element caused by a vapour cloud explosion, fire, or a natural catastrophe such as wind, earthquake and flood.

Benefits and Services

Our underwriting is based on prudent product development through the application of appropriate technical underwriting discipline.
Our focus is to be a globally recognized market leader providing specialty lines products and services for the Energy sector. You will experience the highest levels of customer service from our team of highly experienced underwriters, engineers and claim staff through our expertise, trust and transparency

  • Recognized market leaders for energy insurance
  • Flexible underwriting
  • Property loss prevention services from AXA XL Risk Consulting, as well as specialist risk engineering for power utilities and oil and gas
  • Market leading claims service
  • Global footprint

Proactive attitude towards claims

Client Profiles

We write accounts varying from single locations to multinational companies with a global spread of risk.

  • Electric utilities principally engaged in generating, transmitting or distributing electric power
  • Electric utilities include investor-owned utilities, publicly owned utilities, municipalities or cooperatives
  • Additionally: refineries, petrochemical plants, gas companies, pipelines and storage terminals.

Product Availability

Geographical coverage is for informational purposes only. Product and service offers can vary based on location, industry, risk profile and unique business needs.

The information contained herein is intended for informational purposes only. It’s is neither an offer to sell nor a solicitation to purchase any particular insurance product. Insurance coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance coverage would apply in the circumstances outlined herein. Please refer to the individual policy wordings for specific coverage details. AXA XL is a division of AXA Group providing products and services through four business groups: AXA XL Insurance, AXA XL Reinsurance, AXA XL Art & Lifestyle and AXA XL Risk Consulting. Not all of the insurers do business in all jurisdictions nor is coverage available in all jurisdictions.

US- and Canada-Issued Insurance Policies. In the US, the AXA XL insurance companies are: AXA Insurance Company, Catlin Insurance Company, Inc., Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company and T.H.E. Insurance Company. In Canada, coverages are underwritten by XL Specialty Insurance Company - Canadian Branch and AXA Insurance Company - Canadian branch. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA Group.

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