Oil & Gas Operators and Nonoperators Insurance
Oil and gas industry operators and nonoperators have specific insurance needs. Travelers can provide a variety of coverages and services that can help protect their capital and mitigate their risks, both onshore and offshore. As co-owners of wells, nonoperators also need coverage solutions that protect their investments.
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 the unfortunate occur.
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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.
We are committed to making the oil and gas industry safer by providing our customers with service to help them deal with and ideally prevent a well blowout.