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  Home > Products and Services > Business Corporate Insurance > Energy
  Business/Corporate Insurance
 
 
Energy

More than ever before, the energy industry requires the critical protection of dependable, proven loss prevention and risk management services. The ACE Group is widely recognized as a global leader in both the onshore and offshore energy markets, and is committed to providing unsurpassed products and services to every client.

Comprised of experts in the unique needs of energy customers, the ACE energy team has a long-term focus on client relationships, cultivating a tripartite relationship with both broker and client as a means of establishing a solid understanding of the client’s needs. To ensure the success of these relationships, the ACE team travels extensively and has direct contact with clients whenever possible.

In addition, ACE offers tailor-made package policies for specialty marine and non-marine coverages. By integrating on a broader scale with other units within the ACE Group, ACE energy underwriters create a preeminent center of expertise and enhanced flexibility for the client, backed by a first-class claims handling team.


Product Highlights
Special Features
Target Audiences

Product Highlights

Products offered through ACE are among the most innovative in the industry, supported by substantial capacity and access to the ACE global network. From exploration coverages to reclamation bonds, ACE’s comprehensive products and services portfolio encompasses the entire spectrum of protection required to maintain the financial stability and professional reputation of each client.

ACE specializes in:

  • Exploration and production
  • Refining, petrochemicals and chemicals
  • Power generation (gas, coal, wind, hydro and nuclear)


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Special Features
ACE is committed to adding value to client relationships. With product developments such as an Assessment Tool specifically geared to nuclear risks, ACE constantly demonstrates the ability and willingness to provide specific underwriting solutions to specialized client needs.

Other special features include:

  • Financial strength for secure broad form of asset protection
  • High limits and global cash flow capability
  • Coverage for active operations as well as projects under construction
  • Coverage for both physical assets and business interruption
  • Claims expertise and assistance with managing/settling catastrophic loss issues
  • Tailored, responsive solutions to specific customer risk management objectives
  • Clearly defined policy terms


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Target Audiences
  • Oil and gas exploration and production companies
  • Petrochemical and chemical process companies
  • Power utilities (gas, coal, wind, hydro, nuclear)
  • Public gas and electric utilities
  • Investor-owned gas and electric utilities (IOUs)
  • Independent power producers (IPPs)
  • Additional industries, such as telecommunications, water utilities and related energy companies


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This general product description is informational only. It is neither an offer to sell nor a solicitation to purchase any particular insurance product. Coverages may not be available in all jurisdictions and may be available only through appropriately licensed brokers. Refer to the Licensing Information document for a chart of the jurisdictions in which each ACE Group subsidiary is licensed.
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