OEE / CONTROL OF WELL2024-05-03T16:36:50-05:00

OVERVIEW

E&P clients require balance sheet protection for the exploratory and developmental wells they drill. GSR provides insurance products and engineering support services that deliver this protection.

Target Classes:

Specifically designed for U.S. land based Oil & Gas Lease Operations and Non-Operators

Coverage Highlights:

Provides coverage for Operators Extra Expense, General Liability, Umbrella, and Gradual Pollution

Operators Extra Expense (OEE):

  • Up to $10M combined single limit
  • Up to $5M limit for Care, Custody, & Control (CCC)

Oil and Gas Lease Property:

  • Up to $10M occurrence limit

General Liability:

  • S&A 30 day discovery/120 days reporting period
  • Pollution Clean-Up Costs Endorsement
  • Underground Resources & Property Damage
  • Hired & non-owned auto coverage available
  • Limits $1M per occurrence/$2M aggregate

Umbrella:

  • Full follow form including S&A Pollution
  • Excess can write GL and other liability coverages
  • Limit up to $10M

Gradual/Site Pollution:

  • Limits up to $10M
  • Minimum premium $30,000
  • Excess & DIC of underlying sudden and accidental coverage
  • Includes catastrophe management cost endorsement
The description of this program is only a summary of available coverages. Actual policy language will dictate the scope of coverage in the event of a claim. Agents should read the full policy form and any applicable endorsements for full terms and conditions and should encourage their policyholders to do the same.
Global Special Risks is a series of RSG Specialty, LLC, a Delaware limited liability company based in Illinois. RSG Specialty, LLC, is a subsidiary of Ryan Specialty, LLC. Global Special Risks works directly with brokers, agents and insurance carriers, and as such does not solicit insurance from the public. Some products may only be available in certain states, and some products may only be available from surplus lines insurers. In California: RSG Specialty Insurance Services, LLC (License #0G97516). ©2024 Ryan Specialty, LLC

CONTACT ONE OF OUR EXPERIENCED UNDERWRITERS

Helen Tarr, Managing Director

Justin Jenkins, Director

Connie Garrett, CPCU, Associate Director

Rachael Pittser, Senior Underwriter

Tracey Le, Underwriter

Target Classes:

  • Oil & Gas lease operators and non-operators
    • Geothermal operations
    • Stratigraphic test wells / Co2 sequestration wells
    • US and Canada territory

Coverage Highlights:

  • Up to $70M Combined Single Limit
  • Up to $28M limit for Care, Custody, and Control (CCC)
  • Coverage can be expanded to include physical damage in respect of oil and gas lease property
The description of this program is only a summary of available coverages. Actual policy language will dictate the scope of coverage in the event of a claim. Agents should read the full policy form and any applicable endorsements for full terms and conditions and should encourage their policyholders to do the same.
Global Special Risks is a series of RSG Specialty, LLC, a Delaware limited liability company based in Illinois. RSG Specialty, LLC, is a subsidiary of Ryan Specialty, LLC. Global Special Risks works directly with brokers, agents and insurance carriers, and as such does not solicit insurance from the public. Some products may only be available in certain states, and some products may only be available from surplus lines insurers. In California: RSG Specialty Insurance Services, LLC (License #0G97516). ©2024 Ryan Specialty, LLC

CONTACT ONE OF OUR EXPERIENCED UNDERWRITERS

Helen Tarr, Managing Director

Justin Jenkins, Director

Jeremy Fyhn, Associate Director (licensed in Alberta, Canada)

Rachael Pittser, Senior Underwriter

Tracey Le, Underwriter

 

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