Chartis Increases Offshore Energy Property Capacity to $200 Million

Chartis has increased its underwriting capacity from the Oil Rig unit of its Global Marine and Energy Division from $150 million to $200 million. This substantial increase highlights the Chartis insurers’ commitment to offer a broad range of insurance protection to the upstream and offshore segment of the oil and gas extractive industries worldwide.

In addition to its increased underwriting capacity, Oil Rig offers the following:

• Specialist teams in London and Houston, with access available through numerous Chartis offices across the globe;
• Flexible risk management and risk transfer solutions tailored to clients’ needs;
• Worldwide claims, loss control and engineering capabilities; and
• Access to the Global Marine and Energy network.

Source: Chartis