Energy Contractors Insurance for Canadian Oilfield Operations

SPECIALIZED INSURANCE SOLUTIONS FOR ENERGY SERVICE CONTRACTORS

Energy contractors operate in demanding environments where specialized equipment, field operations, transportation and contractual responsibilities can create complex insurance exposures.

SWS works exclusively with retail insurance brokers to help place coverage for Canadian oil and gas contractors, construction companies, maintenance operations and specialized service providers. Our understanding of oilpatch operations allows us to review each opportunity in context and approach insurance markets suited to the risk.

Supporting a Wide Range of Energy Contractors

SWS can assist brokers representing businesses such as:

  • Oilfield construction and maintenance contractors

  • Well servicing and production-testing companies

  • Coil tubing, wireline and snubbing operations

  • Vacuum truck and pressure-truck operators

  • Crane, picker-truck and hauling contractors

  • Pipeline and lease-site contractors

  • Equipment manufacturers and distributors

  • Other specialized oilfield service providers

Every contractor has a different combination of operations, equipment, employees, vehicles and contractual obligations. SWS works with broker partners to identify those differences and pursue coverage options appropriate to the individual risk.

Coverage for Complex Contractor Exposures

Depending on the operations and underwriting requirements, coverage considerations may include:

  • Commercial general liability

  • Sudden and accidental pollution liability

  • Property and contractors’ equipment

  • Transportation and cargo exposures

  • Crane and riggers liability

  • Automobile-related liability

  • Excess liability

  • Business interruption

  • Other specialized energy-sector exposures

Practical Placement Support for Retail Brokers

SWS helps brokers review submissions, identify the information insurers require and approach suitable domestic or international markets. Our role is to support the retail broker relationship while helping move specialized energy opportunities toward a practical placement.