We provide specialized insurance solutions for companies operating within the upstream energy sector, covering all stages from exploration to production. Our programs are designed to manage the complex risks associated with upstream energy operations, ensuring comprehensive protection for physical assets, operational processes, and financial exposures.

Coverage Areas

Exploration, Development & Production

• Protection against physical loss or damage to upstream assets, including offshore oil and gas platforms, offshore and onshore pipelines, subsea and floating production systems, and associated onshore property.

• Coverage for well control, seepage, pollution, and re-drilling expenses, including additional protection for wells during exploration, development, appraisal, drilling, workover, partial completion, production, shut-in, or abandonment.

Construction of Upstream Facilities

• Coverage for major offshore construction activities and related onshore facilities.

• Construction Builders Risk Coverage for all upstream projects.

Business Interruption

• Coverage for loss of production, advanced loss of profits, and delay in start-up.

Third-Party & Contractual Liability

• Comprehensive liability protection throughout the exploration and production cycle, including seepage and pollution coverage as mandated by regulatory authorities.

Specialized Offshore Assets

• Coverage for semi-submersible rigs, jack-up rigs, drill ships, oilfield vessels, and contractor-owned floating units (FPSOs).

Political & Security Risks

• Coverage against war, terrorism, and political risks.

Our Expertise

Securisk Insurance Broking Pvt. Ltd. has a team of highly experienced professionals who specialize in upstream energy risks. We assist clients in designing tailored insurance programs, conducting detailed risk assessments, and providing risk management services. Our experts help quantify exposures and estimate maximum probable losses due to fire, operational hazards, natural disasters, and other major eventualities using proven techniques and modeling tools.