Energy
Underwriting the industries that power us all
The energy industry has never been more central or challenged than in recent years. With soaring demand and a fluctuating regulatory environment, TranscendBG’s consulting & insurance team is poised to serve all facets of the energy sector. Our consultants, risk management, financial partners, and HR expert programs provide our clients peace of mind, promote stability, and secure confidence in growth. Our clients include:
Upstream
Midstream
Downstream
Power
Utilities
Renewables
Logistics
Our Process
We work alongside our energy clients and service partners to conduct a thorough and analysis to shore up known risks and search for unknown risks. From there, we develop a customized, detailed risk management plan to reduce liability and risk enterprise-wide. Some of the coverages we use include:
Bonds and Surety
Builders’ Risk and Installation
Boiler and Machinery
Operators’ extra expense/ control of well
Rig Physical Damage
Oil Lease Property
Excess Liability
Executive Risk
Protection and Indemnity/ MEL
Seepage and Pollution Remediation
Business Interruption/Loss of Production
Downstream Property
Third Party Liability
Workers Compensation/ Employers Liability
Cargo & Transit
Delay in Start-Up
Hull & Machinery
Contractors’ Equipment
Political Risks