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