The policy covers all operations and assets relating to the exploration, exploitation, drilling, refining, storage and transportation of oil, gas or other energy resources.

It also includes the insurance of Petrochemical risks such as insurance of assets, operations and liabilities arising out of production and consumption of intermediate and final products of chemical derived from Gas and Crude Petroleum.

The policy protects all parties against the financial consequences of accident, which may lead to injury to workmen and third parties in addition to loss or damage to properties.

At HIB, we can tailor our Oil & Gas offerings to suit your needs;

• All risks {Physical loss/damage}
• Cost of well control {against blowouts}
• General third-party liability {including seepage & pollution, chatterers & aircraft refuelling}
• Automobile Liability insurance
• Marine risks {Cargo and equipment and P & I
• Construction/erection all risks {builders all risks}
• Business interruption
• Machinery breakdown and boiler insurance
• Seepage and Pollution
• Operators Extra Expenses
• Insurance of Power Plants
• Environmental Damage Insurance
• Other Exploration and Production Risk