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Natural Resources and Construction Insurance

ÐÇ¿Õ´«Ã½ Commercial specializes in providing comprehensive and customized insurance and inspection products, services and solutions for companies in the energy and construction industries.ÌýOur experienced risk consulting, claims and underwriting teams have a wealth of technical excellence in managing engineering and energy risks around the world. Our solutions are flexible and tailored to meet the unique needs of each client.

We are well equipped to meet the most demanding challenges in the energy insurance landscape and are actively addressing climate change across all segments. In particular, we are focused on expanding our presence in renewable energy and green technologies, as well as contributing to the emerging global hydrogen economy.

From mid-sized contractors, to single engineering projects, to the most challenging construction projects, we provide comprehensive insurance and inspection solutions during both the construction and operational phases.

What areÌýNatural Resources and Building Solutions?

ÐÇ¿Õ´«Ã½ Commercial will consider every risk on its own merit.ÌýCapacity and coverage offered to individual clients subject to hazard, Nat Cat exposure, grading, terms & conditions.ÌýThe products, services and insurance coverage described on this page may not be available in all locations. This is for your general information only. The types of insurance structure may differ from place to place.

Construction

Coverage & Capacity
  • EAR/CAR - Course of Construction
  • Ìý
  • Single Projects, Annual Policies/Open Covers including TPL, CPE, DSU
  • Ìý
  • CECR / Operational Infrastructures (combined with CAR)
  • Inherent Defect Insurance (combined with CAR)
  • Ìý
  • Inherent Defect Insurance
Appetite
EAR/CAR - Course of Construction
Ìý
  • Annual Policies / Open Covers (Contractors, Owners / Principals)
  • Civil Engineering projects
  • Buildings
  • Manufacturing plants (all industries)
  • Oil & Gas (excluding Oil Sands)
  • Mine development (excluding
    thermal coal)
  • Utilities
  • Conventional Power (excluding coal)
  • Renewable energy (Onshore Wind, PV, Hydrogen)
CECR
  • Civil Engineering structures

IDI

  • Commercial IDI
Limited
  • Coverages
  • Ìý
  • High Nat Cat areas (single risks and accumulation with open covers)
  • High DSU exposures
  • Unproven technologies
  • Occupancies
  • Waste to Energy
  • Biomass
  • Hydro Power
  • Underground mine development
  • Timber / Wood frame construction
No appetite
  • EAR/CAR - Course of Construction
  • Ìý
  • Coal
  • Oil Sands
  • Geothermal power plants
  • Solar Thermal power plants
  • IDI
  • Residential IDI

Natural Resources

Coverage & Capacity
  • Offshore Energy
  • Ìý
  • Construction and Operational PD/BI/DSU
  • Onshore Energy
  • Ìý
  • Operational PD/BI
Appetite
  • Offshore Energy
  • Ìý
  • Oil and Gas E&P assets
  • FPSOs
  • Offshore Wind
  • Onshore Energy
  • Ìý
  • Refining and Petrochemical assets
  • LNG processing
  • Chemical Fertiliser Plants
  • Renewables: Wind, Solar PV, Hydrogen, Hydro, Carbon Capture
  • Conventional Power Plants
  • Mining
Restricted
  • Thermal Coal
  • Mine Tailings Dams
  • Underground Mining
  • Tar Sands
  • Waste to Energy
  • Geothermal
  • Solar Thermal
  • Stand-alone fracking
  • Stand-alone drilling and land-rigs
Contact our experts for large businesses
The ÐÇ¿Õ´«Ã½ Commercial approach has now been introduced in the first markets (Australia,ÌýFrance,ÌýGermanyÌýandÌýUnited Kingdom). With a globally consistent underwriting and product approach, a strong local delivery through one team, a wider risk appetite and a seamless delivery, ÐÇ¿Õ´«Ã½ Commercial plays the full Commercial market.ÌýThis approach will be further implemented across other markets globally in the coming months.

Australia

Construction InsuranceÌý
We offer comprehensive solutions for Australia based construction businesses and for single construction or engineering projects, traded via our specialist regional hubs.
Renewable Energy
Insurance and inspection solutions for Australian based commercial operators of renewable power installations including; solar, wind, hydro and battery, both during construction and whilst operational.

France

Offered by
ÐÇ¿Õ´«Ã½ France
Construction
Insurance
We cover diverse damage during construction and offer liability and essential guarantees.
Offered by
ÐÇ¿Õ´«Ã½ France
Renewables
Insurance
Cover for damage to property and equipment in use as a result of fire, power surges, breakdown, theft or storm.

Germany

Offered by ÐÇ¿Õ´«Ã½ Global
Corporate & Specialty SE (AGCS)
Natural Resources & Construction
We cover diverse engineering sectors, including power, utilities, and transportation. We also provide solutions for complex energy challenges and renewables/green energy.
Ìý
Offered by ÐÇ¿Õ´«Ã½ ESA
Ìý
Construction Performance Insurance
Our construction performance insurance protects you against financial losses due to unforeseen damage (e.g. vandalism, storm, hail, flooding) during the construction project.
Offered by ÐÇ¿Õ´«Ã½ ESA
Ìý
Technology insurance
Ìý
  • We insure against unforeseen damage or destruction, e.g. due to operating errors, clumsiness or intent on the part of third parties, due to faulty design, materials or workmanship, as well as insured external property damage.
Offered by ÐÇ¿Õ´«Ã½ ESA
Electronics Insurance
Our electronics insurance protects your electronic systems and equipment and helps you get back to day-to-day business quickly after failures.
Ìý
Offered by ÐÇ¿Õ´«Ã½ ESA
Machinery insurance
  • With our machinery insurance, you protect your stationary machines and mechanical equipment or your mobile or transportable machines and equipment against almost all dangers and risks.
Offered by ÐÇ¿Õ´«Ã½ ESA
Assembly insurance
  • Our installation insurance comprehensively protects your company against costs arising from damage that may occur during the installation period and subsequent trial operation at the installation object.
Offered by ÐÇ¿Õ´«Ã½ ESA
Photovoltaic insurance
Our photovoltaic insurance comprehensively protects your ready-to-operate system including all components against many property damages and risks. This includes, for example, fire, lightning, hail damage, theft or animal browsing.

United Kingdom

Offered by
ÐÇ¿Õ´«Ã½ Insurance plc
Engineering solutions
We offer specialist insurance and inspection products to protect plant and machinery owned or leased by UK based mid-corporate businesses, traded via our specialist regional hubs.
Ìý
Offered by
ÐÇ¿Õ´«Ã½ Insurance plc
Construction insurance
We offer comprehensive solutions for UK based mid-corporate construction businesses and for single construction or engineering projects, traded via our specialist regional hubs.
Ìý
Offered by
ÐÇ¿Õ´«Ã½ Insurance plc
Renewable power
Insurance and inspection solutions for UK based mid-corporate commercial operators of renewable power installations including; solar, wind, hydro and short term operational reserve installations (STOR), both during construction and whilst operational.

All the latest news, reports and hot topics

Expert risk article

Earthquakes: predicting the unpredictable

ÐÇ¿Õ´«Ã½ experts discuss the dangers earthquakes pose and the steps businesses can take to mitigate their impact.

Read more

Expert risk article

Extreme heat "is changing the rules"

As humanity nudges the global thermostat higher, what are the potential consequences for human health, the workplace, infrastructure, and industry?

Read more

Magazine

Global Risk Dialogue

We’re discussing the burning issues and emerging exposures in global risk management, designed to help you navigate through eventful times.

Read more

Expert risk article

The invisible energy highway

As insurer and investor, ÐÇ¿Õ´«Ã½ is helping to power a key infrastructure project in the renewable energy space – the NeuConnect interconnector between Germany and the UK.

Read more

Report

Emerging Risk Trend Talk: Lithium-ion batteries

ÐÇ¿Õ´«Ã½ Commercial’s risk consulting team (ARC) has published a new report focusing on some of the potential risks posed by lithium-ion (Li-ion) batteries.

Read more

Global I Press release

A turning point for offshore wind

In its new report, ÐÇ¿Õ´«Ã½ Commercial highlights growth opportunities, tech innovations, risk trends, and loss patterns for the global industry.

Read more

Report

Offshore Wind Report

Our report identifies emerging trends and a number of risk challenges facing the sector as it prepares for global growth.

Learn more

Global I Press release

New Global Head of Construction at ÐÇ¿Õ´«Ã½ Commercial

Darren Smart will join ÐÇ¿Õ´«Ã½ Commercial as Global Head of Construction, reporting to Global Head of Specialty, Gordon Browne.

Read more

Global | Press release

Net-zero transition plan of ÐÇ¿Õ´«Ã½

ÐÇ¿Õ´«Ã½ Group announces its first net-zero transition plan with 2030 intermediate targets for core business segments.

Read more

Article

Carbon capture and storage

Two significant projects coming online – and insured by ÐÇ¿Õ´«Ã½ Commercial – show the potential of what may be an important transition technology towards net-zero.

Read more

Global I Press release

ÐÇ¿Õ´«Ã½ appoints Commercial leader for Asia

Christian Sandric will join ÐÇ¿Õ´«Ã½ Commercial as Commercial Managing Director for the Asia region with effect from September 1, 2023.

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Global I Press release

Global Head of Natural Resources

Anthony Vassallo has been appointed Global Head of Natural Resources at AGCS, reporting to Global Head of Specialty, Gordon Browne.

Read more

Global I Press release

New CFO for AGCS

Claire-Marie Coste-Lepoutre will hand over to Oskar Buchauer, currently Head of ÐÇ¿Õ´«Ã½ Group Actuarial, Planning and Controlling and Group Chief Actuary.

Read more

Interview with Global Product Leader – Energy

Energy transition

Anthony Vassallo discusses the ongoing impacts of the global energy crisis and its galvanizing effect on the net-zero transition.

Read more

Expert risk article

Dogger Bank – a sea change in offshore wind

ÐÇ¿Õ´«Ã½ Commercial has been on board as lead insurer for the largest multi-field offshore wind farm in the world since its early stages.

Read more

Annual survey identifying business risks

ÐÇ¿Õ´«Ã½ Risk Barometer

Top 3 business risks in Engineering, Construction and Real Estate in 2023

  1. Business interruptionÌý(39%) - 2022 rank: 1 (43%)
  2. Natural catastrophes (34%) -Ìý2022 rank: 2 (42%)
  3. Energy crisis (24%) - NEW
find out more in our ÐÇ¿Õ´«Ã½ Risk Barometer 2023

Meet our experts for large businesses

ÌýGordon Browne
Global Head of Specialty, Interim Global Head of Construction
email
Anthony Vassallo
Global Head of Natural Resources, Global Product Leader (Energy), Regional Head of Energy & Construction London & Nordics
+44-203-451-3198 Email
Olivier Daussin
Global Product Leader (Construction)
+33-158-853-384 email
Yann Dreyer
Global Practice Group Leader (Construction)Ìý
+33-1-58-85-49-87 email
Steffen Halscheidt
Global Practice Group Leader (Oil & Gas)Ìý
+49-89-3800-14138 Email
Ronan Gallagher
Global Practice Group Leader (Industry)
+61-2-9390-6592 Email
Ana Maria Fuertes
Global Practice Group Leader (Power Conventional & Nuclear)Ìý
+34-91-791-03-37 Email EMAIL
Adam Reed
Global Practice Group Leader (Offshore)
+44-20-3451-3207 email
Trent Cannings
Regional Head of Energy & Construction Asia
email
Robert Maurer
Regional Head of Energy & Construction CEEÌý
+49-89-3800-4383 Email
Miguel Peces
Regional Head of Energy & Construction Ibero/LatAm
+34-660-999-629 Email
François Périquet
Regional Head of Energy & Construction Mediterranean & Africa
+32-3-304-16-30 Email
Darren Tasker
Regional Head of Energy & Construction North America
+1-416-849-4548 Email