Insurance for Manufacturers in the Oil and Gas Industry
Manufacturers serving the oil and gas industry face a variety of risks, including potentially severe products liability. Travelers offers an array of specialized coverages and services that can help protect against third-party claims, as well as help protect employees and physical assets.
Core Insurance Offerings
Travelers is a leader in the oil and gas industry, with more than 20 years serving oil and gas customers, including businesses that manufacture oil and gas equipment. Key coverages include:
Who Is This Insurance Right For?
Oil and Gas manufacturers, including those engaged in:
- Casing manufacturing
- Compressor manufacturing
- Drill bit manufacturing
- Hydraulic fracturing equipment manufacturing
- Machine shops
- Machinery or machinery parts manufacturing
- Mud or chemical mixing/manufacturers
- Storage tank manufacturers
Find an Agent
Need an Agent?
Get the personal service and attention that an agent provides.
Find a local agent in your area:
What Specialized Coverage Is Needed by Manufacturers in the Oil and Gas Industry?
Manufacturers in the oil and gas industry have a high risk of products liability because they produce various parts and equipment used in the oil field. For example, if tools or equipment produced by a manufacturer causes harm to a person, or if a manufacturer’s product is recalled due to a defect, products liability coverage can provide critical protection to cover the manufacturer’s legal fees and other costs.
Related Products & Solutions
Contract Surety
Our specialized construction underwriters have deep industry knowledge and an ability to provide flexible, innovative solutions.
Commercial Surety
Travelers can help both individuals and businesses – ranging from small to multi-national companies – with their commercial surety needs.
Management & Professional Liability
Policies that fit your unique responsibilities and exposures – whether you’re a private, public, nonprofit or a financial institution.
CyberRisk
Provides organizations of all sizes coverage to help protect against data breaches and other fast-evolving cyber exposures.
Insights & Expertise
Managing Oil and Gas Risk with Contractual Risk Transfer
Having a comprehensive contractual risk transfer (CRT) program can be a critical component in managing risks in the oil and gas industry.
Safety Tips to Help Protect New Oil and Gas Workers on the Job
Having well-documented policies can help companies safely and efficiently onboard employees.
Three Key Ways to Protect Oil and Gas Operations from Pollution Risks
The impact of pollution losses from an oil spill or gas leak can be damaging to a company's reputation.
Developing a Strategy to Control Your Company's Medical Costs
Controlling medical costs is a high concern for many businesses. Help control your company's medical costs by following these tips.
Travelers Workforce Advantage®
Workforce Advantage is Travelers’ comprehensive approach to managing workers compensation. It involves attracting and hiring candidates, onboarding and training and supporting and engaging employees.
Supply Chain Pressure Test
Help protect your business with this 5-minute test to identify weaknesses in your supply chain.
Related Services
Travelers Oil & Gas Risk Control
We understand that each oil and gas company has unique risks and exposures. Our knowledgeable Risk Control professionals, who are dedicated to the oil and gas industry, work with customers to help them understand and manage these risks.
Travelers Oil & Gas Claim
Our claim team specializes in handling losses that arise out of the oil field, with proven expertise in understanding master service agreements (MSAs) and the importance of contractual risk transfer (CRT). We offer the power and resources of a national company, with local expertise and autonomy.