From recent disasters such as Deepwater Horizon and Costa Concordia to the destruction left in the wake of Hurricane Katrina and Ike, Hiscox has helped to meet the costs of some of the world’s worst marine and energy incidents.
We cover all parts of the oil and gas industry from construction to full operation, and all parts of the shipping industry from fishing vessels to tankers and container ships, as well as port and terminal operators. We have three main products, all of which are available to customers worldwide.
We are market leaders in all classes of marine liability insuring companies of all sizes for both conventional and more specialised marine liability risks including protection and indemnity, specialist operations, charterers liability, cargo owners legal liability, terminal operators/stevedores, maritime employers liability, pollution and race organisers.
We insure almost all types of vessels: cruise ships, oil tankers, gas carriers, bulk carriers, container vessels, tugs, supply vessels, heavy lift vessels, and oil-field support vessels as prime examples.
We insure upstream energy companies of all sizes, including drilling contractors, for all types of risk. Typical cover includes damage from fire, lightning, explosion, windstorm, or earthquakes, and well control costs.
We insure companies of all sizes in all areas of the oil and gas industry, from drilling contractors to exploration, production and distribution. Typical cover includes physical damage; well control; business interruption; third-party liability; and construction for fixed platforms, pipelines and fleets.