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Exploration & Production products

Exploration & Production products

Owner/Operator insurance

LIU’s Owner/Operator policy provides insurance cover for firms involved in the identification, extraction and processing of hydrocarbons.

At a glance:

  • On- and offshore coverage
  • Control of well cover
  • Physical damage cover
  • Oil and gas liabilities, including stand-alone liability, for upstream E&P operations
  • Business interruption cover.
Offshore Construction insurance

LIU has a proven track record in insuring a range of offshore construction projects around the world. Having offices in Singapore, Houston and London means that our insurance knowledge is on tap, where and when clients need it.

At a glance:

  • Fabrication, load-out, transits, installation, hook-up cover
  • Projects include (but not limited to):
    • Floating Production Storage and Offloading (FPSO) vessels
    • fixed/floating subsea equipment and pipelines
    • platform modification works.
Owner’s Yard Construction insurance

LIU has the experience, business appetite and capacity to insure against owner’s yard construction risks related to the fabrication of vessels and equipment used in oil and gas exploration and production. 

At a glance:

  • Semi-submersible drilling units
  • Jack-up drilling units
  • Drill ships 
  • FPSOs.
     
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