Our experienced Energy team offers coverage for all aspects of both upstream and midstream energy operations, including renewables.

With an underwriting and claims team adept at delivering the best solution for this highly technical class of business we have become the insurer of choice for brokers and their clients.

We also insure Renewables products, including wind and battery energy storage systems. Learn 
more about our renewables insurance strategy.

The global energy landscape continues to evolve, exposing operators to increasingly complex and high-value risks across offshore, onshore and renewable projects. Energy insurance is a specialist form of cover designed to protect your clients from the financial and operational impacts of losses arising from upstream and midstream energy activities.

Brit’s energy insurance solutions are built to support brokers in protecting energy operators and assets against a wide range of risks, including physical damage, business interruption and operational liabilities. Coverage extends to offshore and onshore installations, pipelines, tank farms, gas plants, land rigs, and renewable energy operations, including onshore and offshore wind and battery energy storage systems.

Energy operations are exposed to a unique combination of physical, environmental, operational and financial risks. These can include damage to critical infrastructure, equipment breakdown, fire and explosion, environmental pollution, supply chain disruption and regulatory consequences. Offshore and onshore energy assets are especially vulnerable due to their remote locations, harsh environments and reliance on complex systems, where even a single incident can lead to major operational downtime and significant financial loss.

The energy sector is split into a range of segments; Upstream, Midstream and Downstream. These have distinct activities and risks which energy clients will be looking to insure. 

• Upstream: The upstream sector covers the exploration, drilling and extraction of oil and gas, including drilling, offshore platforms and the production of the initial stages of oil and gas. 
• Midstream: The midstream sector focuses on the transportation, storage, and processing of oil and gas. This includes pipelines, storage facilities, and transportation systems that move 
  energy resources from production sites to refineries and other processing facilities.
• Downstream: This covers processes after extraction of raw gas and oil. This will include refining, transport and distribution. Brit do not cover these risks, however they are helpful to understand for your client’s businesses. 

Our capacity for Energy Insurance covers a range of areas, including upstream and midstream operations. Our upstream energy insurance protects your clients engaged in exploring and extracting energy resources, including oil and gas, ensuring they are covered against critical risks.

• Offshore operating installations
• Mobile units
• Offshore construction projects
• Operators extra expense
• Liabilities
• Offshore and onshore renewables
• Land rigs
• Gas plants and pipelines
• Tank farms and terminals
• Onshore gathering and processing

The energy sector is high-risk, with companies facing exposure to operational hazards, environmental liabilities, and equipment failures. Brokers play a crucial role in helping clients secure tailored coverage that mitigates these risks, safeguarding assets, operations, and financial stability.

In the energy sector, specialised insurance services are essential to address the unique risks faced by businesses. We can offer tailored energy insurance services to meet the specific needs of your clients, ensuring comprehensive protection across various operations.

Protect your energy clients from cyber threats with cyber insurance, covering data breaches, ransomware, and operational disruption. Enhance your client’s energy policy with cyber coverage.

Our energy products serve the UK including the Channel Islands, England, The Isle of Man, Northern Ireland, Wales and Scotland. We operate in upstream and midstream energy operations. We do not cover downstream operations. 

If you’re looking for insurance to cover a range of risks for your client, there is additional cover that you may want to consider with energy insurance to compliment your policies. 

Discover more about energy insurance at Brit and download our Energy Claims brochure. This resource provides detailed insights into the claims process and how our coverage can support energy businesses in times of need

Read our article on "Writing the Future of Energy: Wind" where we discuss the role of insurers in supporting the transition to renewable energy sources, particularly wind.