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.

LAND RIG & GENERAL CONTRACTORS’ EQUIPMENT

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 Features & Benefits:

$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
Broad coverage for Unscheduled Miscellaneous Property
- Owned, Leased, or in the Insured’s Care Custody or Control
Automatic Acquisition clause

CONTACT ONE OF OUR EXPERIENCED UNDERWRITERS

Jeremy Fyhn, Associate Director

403-538-4846
jeremy.fyhn@gsrum.com

Justin Jenkins, Associate Director

281-453-1109
justin.jenkins@gsrum.com

OIL LEASE PROPERTY

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 Features & Benefits:

$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
Broad coverage for Unscheduled Miscellaneous Property
- Owned, Leased, or in the Insured’s Care Custody or Control
Automatic Acquisition clause