LIU provides coverage for ‘all risk’ property damage, including events such as boiler explosions, machinery breakdown and the resulting business interruption.
We leverage our global capacity and risk engineering expertise to offer consistent and innovative solutions. Our preference is to participate on a share quota basis.
OIL, GAS, PETROCHEMICAL & CHEMICALS
Coverages:
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Industrial Special Risks
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Machinery Breakdown
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Business Interruption
Preferred Lines:
OIL
GAS
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Compressor and pump stations
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Separation plants
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Natural gas liquid plants
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LNG plants
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LPG recovery plants
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Underground storage – caverns
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Pipelines
PETROCHEMICAL
POWER GENERATION
Coverages:
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Industrial Special Risks
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Machinery Breakdown
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Business Interruption
Preferred Lines:
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Steam cycle power plants
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Combustion turbine power plants – simple and combined cycle
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Cogeneration power plants
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Hydroelectric power plants – including dams