Energy operations are complex and face risks at every stage of their lifecycle. NGK Re offers coverage that spans from exploration to decommissioning, ensuring that your assets are fully protected.
Areas of Coverage:
- Construction/Erection (All Risks): Coverage for the construction and erection of energy facilities, both offshore and onshore.
- Business Interruption and Loss of Profits: Protects against operational downtime and revenue loss due to incidents like machinery breakdown.
- Control of Well/Operator’s Extra Expense: Covers costs related to well control issues, including redrilling and restoration.
- Third-Party and Contractual Liability: Comprehensive liability coverage for pollution, accidents, and legal liabilities.
- Offshore Decommissioning: Protection during the final stages of energy projects, ensuring safe and compliant decommissioning.
- Terrorism and Political Violence: Coverage against risks posed by acts of terrorism or political instability.
Our energy and power solutions cater to industries such as oil & gas, mining, and power generation.
