PROPERTY2021-09-10T09:08:19-05:00

OVERVIEW

Oil Field operations and activities are fast-paced and always evolving. Our products provide sophisticated property insurance solutions for your Land Rig, General/Energy Contractors Equipment, and Oil Lease Property exposures.

Target Classes:

  • Land Rigs
  • Land Based Operations
  • Fracking Equipment
  • Offshore Equipment
  • Cranes (Riggers Liability can be added)
  • Wireline
  • Lease Operators
    • Tanks, including oil storage
    • Compressors
    • Gathering Lines
  • Oil Field Contractors
    • Land
    • Workover & Well Service Rigs
    • Associated Equipment
  • Seismic & Geophysical Equipment
  • General Contractors

Coverage Highlights:

  • $20M per occurrence limit
  • Replacement cost recovery basis available
  • Named windstorm available
  • Real & personal property
  • Flood & Earthquake (no sublimit)
  • Transit Exposure included
  • “Stacked” Rig credits available
  • “No Claims Bonus” available
  • Coverage available for unscheduled miscellaneous property
    • Owned, leased, or in the insured’s Care Custody or Control
  • Automatic acquisition clause
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, LLC, is a Texas limited liability company based in Texas. Global Special Risks, LLC, is a subsidiary of RSG Underwriting Managers,
LLC, which is a subsidiary of Ryan Specialty Group, LLC (RSG). Global Special Risks, LLC, 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: GSR Insurance Services, LLC (License #0M07586). ©2021 Ryan Specialty Group, LLC

CONTACT ONE OF OUR EXPERIENCED UNDERWRITERS

Helen Tarr, Director

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

Justin Jenkins, Associate Director

Target Classes:

  • Land Rigs
  • Land Based Operations
  • Wireline
  • Lease Operators
    • Tanks, including oil storage
    • Compressors
    • Gathering Lines
  • Oil Field Contractors
    • Land
    • Workover & well service rigs
    • Associated equipment
  • Seismic & Geophysical Equipment

Coverage Highlights:

  • $20M Per occurrence limit
  • Replacement cost recovery basis available
  • Real & personal property
  • Flood & Earthquake (no sublimit)
  • Transit Exposure included
  • “Stacked” Rig credits available
  • “No Claims Bonus” available
  • Coverage available for unscheduled miscellaneous property
    • Owned, leased, or in the insured’s Care Custody or Control
  • Automatic acquisition clause
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, LLC, is a Texas limited liability company based in Texas. Global Special Risks, LLC, is a subsidiary of RSG Underwriting Managers,
LLC, which is a subsidiary of Ryan Specialty Group, LLC (RSG). Global Special Risks, LLC, 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: GSR Insurance Services, LLC (License #0M07586). ©2021 Ryan Specialty Group, LLC

CONTACT ONE OF OUR EXPERIENCED UNDERWRITERS
Helen Tarr, Director

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

Justin Jenkins, Associate Director

Rachel Pittser, Senior Underwriter

Tracy Le, Underwriter

OIL PRICE

Updated Oil Prices