Navigators Technical Risk
Issue Date:
February 2012
ENERGY & ENGINEERING INSURANCE
Navigators Technical Risk is a global underwriter of upstream and
downstream energy, construction and engineering-related insurance and
reinsurance risks through Navigators Insurance Company’s outlets
around the world, including its affiliate Syndicate 1221 at Lloyd’s of
London. Bringing together decades of experience in technical risks, our
experienced underwriters in London, Houston and New York allow us to
serve our energy and engineering customers through a unified global
approach. Additionally, we have Admitted status as a reinsurer in Brazil.
We believe the success of underwriting these complex exposures is
founded on technical risk analysis, tailor-made products and the
measured use of meaningful risk and aggregate capacity, offering our
customers long-term solutions for their insurance needs.
Contact Information
Offshore Energy
Onshore Energy, Operational
Engineering & Construction
Houston
Lisa Chines
T (713) 985-5160
lchines@navg.com
Houston
Scott Christy
T (713) 985-5172
schristy@navg.com
Whitney Shelton
T (713) 830-1338
wshelton@navg.com
London
Lucy Bagnall
T +011-44-207-220-6954
lbagnall@navg.com
Robert Johnston
T +011-44-207-220-6979
rjohnston@navg.com
New York
Camille Kuchman
T (212) 613-4346
ckuchman@navg.com
Pat Milner
T +011-44-207-220-9316
pmilner@navg.com
Jerry Wosleger
T (212) 613-4275
jwosleger@navg.com
Alex Wilmot
T +011-44-207-220-6936
awilmot@navg.com
9/10 Navigators Technical Risk
One Penn Plaza, 32nd Floor
London
William Hambly
T +011-44-207-220-6934
whambly@navg.com
Simon Marshall
T +011-44-207-2206942smarshall@navg.com
Ian Ross
T +011-44-207-220-6948
iross@navg.com
Alexa Strang
T +011-44-207-220-6929
astrang@navg.com
Jaime Herrera
T +011-44-207-220-3971
jherrera@navg.com
Rio de Janeiro
Alida Verleun
T +55 (21) 3266-1948
averleun@navg.com
•
New York, NY 10119
•
(212)244-2333
Line
Description
Customer Profile
Onshore Energy
We provide material damage and business interruption coverage
to the oil refining, gas and hydrocarbon processing industries
around the world. This technically complicated class of business
can only be underwritten properly by experienced underwriters like
the team we have at Navigators. Our insurance offerings include
coverage for physical loss or damage to refineries and process
plants in the oil, gas and petrochemical industries, with coverage
for principal perils including fire, explosion, machinery breakdown
and, in some cases, natural perils such as earthquakes and/or
flooding. Often included in the coverage too is business
interruption including contingent business interruption.
Owners and investors in
refineries, gas processing,
and other hydrocarbon
processing industries,
typically those with midsized asset schedules
Offshore Energy
Industry understanding is at the core of delivering the best possible
coverage in this complicated technical class. We offer a range of
Offshore Energy policies to protect the exploration and production
activities of the oil and gas industries as well as against
construction risks. Our underwriting is based on technical knowhow to best cover your business in the case of an incident. Policies
can cover physical damage to fixed and mobile rigs, land rigs and
associated equipment and pipelines plus the risks encountered
during the drilling and production phases of wells (both on and
offshore) and any subsequent re-drill required, along with any
consequential seepage and pollution from these incidents.
Business interruption is also frequently covered by these package
policies. Offshore wind turbines may also be underwritten,
including construction projects.
Small to very large
companies involved in the
exploration and production
of hydrocarbons in all areas
of the world, both offshore &
onshore, and those
investing in windfarms
Construction
We offer policies that cover material damage and, where
appropriate, delay in start-up (Dsu) for the duration of long- term
(typically up to 48 months) construction projects for the multi-party
interests in the building of oil, gas, power generation and other
heavy industrial plants and manufacturing industries.
Public and private sector
investors, owners, coventurers and financiers
(where applicable) of mid to
large-scale projects; also
insured are contractors and
their subcontractors
engaged to perform the
construction works
These can be challenging risks and policies can also provide for a
further fixed maintenance period (typically 12 or 24 months) and
primary public liability is often included in the cover (non-u.s.).
Operational
Engineering
We insure electricity power stations in their various forms, ranging
from conventional thermal generation units, combined- cycled
stations, to those investing in sources of renewable energy (hydro,
wind and solar). Technical experience is paramount in
This industry in order to underwrite these risks successfully. We
insure on an “all risks” basis for 12 months, covering principal
insured perils including fire, explosion, machinery breakdown and,
in some cases, natural perils such as earthquakes and/or flooding.
Business interruption or extra expense cover may also be
provided in conjunction with material damage losses.
Owners of and investors in
coal-fired power stations, gasfired power stations (often in
combined cycle), hydroelectrical plants (both run-ofthe-river and dammed
reservoirs), nuclear power
plants and renewable energy
like wind turbines and solar
panels
All Lines
Submission
Key Features
Territory
Our specialist teams of underwriters have a blended experience in
the industry and commercial marketplace, which enables us to
speak the language of customers and fully understand their risks.
These underwriters are supported by in-house engineers who
provide technical advice through analysis and risk appraisal and
they each have significant capacity at their disposal.
Worldwide, with
concentrations in North
America, Europe, Brazil and
other south American
countries, and the Middle
East
Guidelines
Varies
according to
the complexity
of the risk
being
presented
One Penn Plaza, 32nd Floor
•
New York, NY 10119
•
(212)244-233