GLOBAL ENERGY & CONSTRUCTION - Aspen · Global Capacity - Up to US$100 million per risk Heavy...
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360° THINKING aspen-insurance.com GLOBAL ENERGY & CONSTRUCTION
Transcript of GLOBAL ENERGY & CONSTRUCTION - Aspen · Global Capacity - Up to US$100 million per risk Heavy...
360° THINKING aspen-insurance.com
GLOBAL ENERGY & CONSTRUCTION
OUR TEAM PROVIDES A FOCUSED AND SPECIALIST OFFERING THAT PUTS CUSTOMER NEEDS AT ITS COREIntelligence is our business. Our Energy and Construction team is comprised of professional underwriting experts with industry intelligence developed over many years of experience focused on providing risk based solutions. It is this intelligence that provides Aspen’s customers and brokers with sustainable value over the long term.
This is a general overview of our appetite. Please ask your underwriter for more detail on any of these specialties.
ONSHORE ENERGYCoverages - All risk insurance including Boiler and machinery exposures, Property damage, Business interruption
Global Capacity - Up to US$100 million per risk
Heavy Industries• Steel• Aluminum• Mining• Pulp and paper• Cement
Power Generation• Utilities• Independent power
producers• Hydroelectric plants• Wind and solar• Geothermal facilities• Water and sewer utilities
ONSHORE CONSTRUCTION
Civil Construction • Roads• Railways• Bridges• Tunnels• Ports• Pipelines
Contractors All Risk • Office buildings• Hospitals / Healthcare• Commercial residential• Shopping malls• Airports• Stadiums• Hotels / Resorts• Schools / Universities
Coverages - Property damage, Delay in start-up, Third party liability
Global Capacity - Up to US$100 million PML per risk
Erection All Risk • Oil, gas, petrochemical
and chemical• Power generation• Renewable energy• Steel and metals• Pulp and paper• Cement• Manufacturing
The summary contained herein is for informational purposes only. Coverage may not be available in all jurisdictions and is subject to actual policy wording as issued. All products are underwritten by insurance company affiliates of Aspen Insurance Holdings Limited.09-19
CONTACT USNew York590 Madison Avenue7th FloorNew York, NY 10022 E [email protected]
Chicago30 S Wacker DriveSuite 1350Chicago, IL 60606 E [email protected]
Latin AmericaE [email protected]
London30 Fenchurch StreetLondon, EC3M 3BDE [email protected]
UPSTREAM ENERGY & CONSTRUCTIONCoverages - Physical loss or damage, Operators extra expense / control of well, Third Party Liability (p/o package), Construction, Loss of Production income
Global Capacity - Up to US$100 million per risk
Asset Types Considered:
• Fixed Platforms• Mobile rigs• Drill ships• FPSO / FSO units• Semi-submersibles• FLNG units
• Land rigs• Production equipment• Pipelines• Gas processing
ASPEN GROUPFounded in 2002, Aspen is a leading provider of insurance and reinsurance to clients. We operate through wholly-owned subsidiaries and offices in Australia, Bermuda, Canada, Singapore, Switzerland, the United Arab Emirates, the United Kingdom and the United States.
Aspen is diversified and well-capitalized, and we provide our clients with significant risk capacity, and consistently demonstrate innovation and excellence in our approach to underwriting.
Aspen’s operating subsidiaries have been assigned a rating of “A” by Standard & Poor’s Financial Services LLC, an “A” by A.M. Best Company Inc. and an “A2” by Moody’s Investors Service, Inc.
ASPEN INSURANCEAspen Insurance is an established leader in many of our chosen markets. Each of our business lines is run by a group of highly respected and experienced industry experts with in-depth knowledge of the industries we serve, as well as an exceptional ability to create targeted product solutions.
We operate on both a global and regional product basis, meaning that we can better align our product and distribution capabilities to give the best possible service to our customers.
To find out more about Aspen Insurance and our product offering, please visit aspen-insurance.com
HOW WE WORK• Innovation in the management of complex risks: Our people have deep technical
expertise, and they are empowered to offer intelligent insights and find creativesolutions to the most complex of problems.
• Global solutions with local execution: We value long-term partnerships with ourclients, and our global products are delivered by local teams with a deep understandingof their individual needs.
• Fast and fair resolution of claims: We act with integrity and honor ourcommitments, resolving and paying claims quickly and fairly.
• Meaningful capacity backed by financial strength and security: Our success isbuilt on financial strength and stability, and we pride ourselves in providing certaintyand security to our clients.
