Amwins Program Underwriters' Oil & Gas program provides comprehensive insurance solutions for upstream & land-based oil and gas operators, non-operators, and service contractors across the U.S. and Canada.  The program offers stand-alone or package coverages on an admitted or non-admitted basis.

Regaining control of a well can be an expensive process, including pollution, clean-up, re-drilling, and restoring the well back to operation. That's why the Oil & Gas program developed unique coverage for operator’s extra expense (control of well) to ensure your upstream oil and gas accounts are properly covered.

Eligible accounts

• Operators/non-operators
• Drilling and servicing contractors
• Roustabout, welding, wire line, pipeline
• Rental contractors
• New and used equipment sales
• Acidizing, perforating, instrument logging, electrician
  

Operator's extra expense (control of well)

• $50M OEE & $5M CCC capacity
• Re-drilling expense
• Sudden & accidental seepage, pollution & contamination including removal
• Unsound location
• Underground blowout
• Evacuation expense
• Deliberate well firing
• Making well safe
• Earthquake buy-back option available
  
  
  

Excess & umbrella (in conjunction with GL & mono-line)

• $10,000 or $25,000 SIR
• $2,500 minimum premium first layer
• $30M capacity
  
  
  

General liability

• Time element pollution - 30/90 discovery and reporting
• Ability to include underground resources, underground equipment, stop gap, employee benefits, per project aggregate
• Including blanket AI/WOS, explosion, blow out, cratering, primary/non-contributory
• Available in all states (some exclusions may apply depending on operations)
• $5,000 minimum premium

Property/inland marine (in conjunction with GL or mono-line)

• Upstream & midstream
• Oil lease property
• Rigs & equipment
• Processing plants & associated property, contractors plant & equipment, gathering systems & more
• $50M TIV capacity

Physical damage 

• Oil lease property, rigs, equipment
• Excess CCC

Increased cost of drilling and/or completion (ICDC)

We also offer clients a first-of-its-kind insurance solution for land-based oil and gas lease operators responsible for drilling unconventional wells across the U.S. 
Click here to learn more!