Insurance for the onshore and offshore oil and petrochemical industry and power generators/utilities, pharmaceuticals and chemicals.

AIG provides insurance for the onshore and offshore oil and petrochemical industry and power generators/utilities, with a highly flexible approach to individual programmes to provide high limits of cover. AIG's international network of partners  allow us to provide cover nearly anywhere in the world.

Tailor-made Solutions

One stop shop for energy industry insurance (upstream, midstream, downstream, power generation including renewables). Cover for the latest technologies as well as emerging risks such as cyber and decommissioning.

Features & Benefits

Specialist expertise 

Substantial underwriting, claims and engineering expertise in all areas of the energy industry. Delivering bespoke solutions for clients’ core businesses and fringe exposures. 

Energy Loss Prevention 

Experienced loss control engineers delivering expert risk assessments, benchmarking and loss prevention services on clients’ sites. Extensive data modelling capabilities.

Property Claims Promise

Once coverage is confirmed, we promise to provide the Policyholder with immediate working funds of 50% of our share of the agreed estimate within 7 days for the following:
• Property damage/repairs
• Clean-up costs
• Extra expense/increased cost of working
The estimate is to be agreed between the Policyholder/broker and the AIG claims handler, based upon reasonably available information. This payment is made on an unallocated basis.

Energy Networking

Provide energy clients with valuable industry networking opportunities e.g. energy round tables for clients to share key issues and exchange information.

Loss Workshops

Analysis of clients’ operations and their vulnerability to particular perils, mock loss scenarios and claims response in different parts of the clients’ operations.


AIG Global Network of strong local AIG offices and top tier local insurance partners. Ability to handle captive fronting and wraparound captive programmes.

Main Exclusions & Important Information  

This site only contains an overview of the most important coverages and exclusions. Only the general and specific conditions (“Insurance Policy”) provide an accurate, binding, description of the covers and exclusions. It is necessary to fully analyse the Insurance Policy, as well as all other relevant documents with contractual and pre-contractual information before any decision to buy, underwrite, adhere to, accept, sign or conclude an insurance agreement.

Important information

Here you will find information about how to request a quote with detail of premium calculation, the general and specific conditions, and/or other relevant documents with contractual or pre-contractual information, the duration of the insurance policy, the applicable law and jurisdiction, how to file a complaint or reach the ombudsman, etc.