Insurance for the Oil and Gas Industry

The oil and gas industry is constantly evolving – and so are the exposures. From operators and drillers, to service contractors and manufacturers of related parts and products, there are unique risks at every stage of the oil and energy process. With so many years serving this industry, Travelers has developed the specialized expertise, products and services that can help oil and gas companies protect their employees, business and assets, and ultimately their long-term viability.

Businesses operating in the oil and gas industry typically need a combination of specialized property, inland marine and commercial general liability coverages that are designed to address the unique risks presented by oil and gas operations. A property or inland marine policy can cover damage to buildings, rigs, drilling equipment, storage tanks and more. A commercial general liability policy provides coverage for occurrences that cause bodily injury, property damage, personal injury or advertising injury to a third party, including to persons or property of others on your premises or at your equipment yards or work sites. It can also cover certain pollution-related bodily injuries and property damage, as well as certain limited pollution costs incurred for a sudden and accidental pollution incident.