In addition to high quality coverage, large capacity and competitive pricing, our Exploration and Production products are supported by a global risk engineering team whose members have extensive experience in the Oil and Gas industry.
LIU's Exploration & Production Coverage includes:
Owner/Operator coverage for firms involved in the identification, extraction and processing of hydrocarbons. LIU's global client base extends from small independents to major integrated oil and gas producers.
LIU offers both on and offshore coverage for:
- Control of Well
- Physical Damage
- Oil and Gas Labilities for the Exploration & Production Operations
- Business Interruption
Offshore Construction coverage- LIU will insure fabrication, load-out, transits, installation and hook-up. LIU's current offshore construction coverage includes installations around the world. Projects include FPSO's, Fixed/Floating/Subsea platforms, associated pipelines and platform modification works.
Owner's Yard Construction- LIU also covers owner's yard risks including the fabrication of Semi-submersible drilling units, Jack up drilling units, Drill ships and FPSO's.
LIU's global underwriting team operates out of London, Houston and Singapore.
Capacity is up to US$75,000,000 on any single plaform for all interests.