Oil & Gas Manufacturers Insurance
Manufacturers serving the oil and gas industry face a variety of risks, including potentially severe products liability. Travelers can provide an array of specialized coverages and services that can help protect against third-party claims, as well as to help protect employees and physical assets.
Travelers is an industry leader in the oil and gas insurance sector with more than 30 years serving oil and gas customers. Our underwriting, Claim and Risk Control professionals focus exclusively on the oil and gas industry. In fact, some come directly from jobs in the oil and gas industry. We have a deep knowledge of the complex challenges and risks that could threaten the safety of your people and the success of your operation. With Travelers, you’ll have the products, services and expertise you need to help manage risk and avoid accidents, as well as the support and resources to help you recover should a loss occur.
Who is this right for?
Oil and Gas manufacturers, including those engaged in:
- Casing manufacturing
- Compressor manufacturing
- Drill bit manufacturing
- Hydraulic fracturing equipment manufacturing
- Machine shop operations
- Machinery or machinery parts manufacturing
- Mud or chemical mixing/manufacturing
- Storage tank manufacturing
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Related Products & Solutions
Insights & Expertise
Having a comprehensive contractual risk transfer (CRT) program can be a critical component in managing risks in the oil and gas industry.
Having well-documented policies can help companies safely and efficiently onboard employees.
Medical-cost management strategies are embedded in our core products, including Travelers’ medical cost containment solutions that can save customers an average of 60 cents for every medical dollar billed.
Workforce Advantage is Travelers’ comprehensive approach to managing workers compensation. It involves attracting and hiring candidates, onboarding and training and supporting and engaging employees.
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.
Our claim team specializes in handling losses that arise out of the oilfield, 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.