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KEY FACTS

Energy Liability

Target Industries Include:

  • Upstream and Midstream E&P
  • Sub-Industries: Operators, Non-operators, Contractors
  • Target book mix: 75% Operator/Non-operator, 25% Midstream and Contractors
  • Areas Out of Appetite: Construction, Downstream/Refining Operations, Products/Manufacturing Liability

Limits Offered: $25,000,000

  • Minimum Premium: None
  • Attachment points: $5m Minimum. Average Attachment Point is Greater than $25M
  • Geographic Scope: Worldwide (Predominatly Onshore U.S and U.S Gulf of Mexico)
  • Admitted/Non-Admitted: Non-Admitted (Written on Behalf of Syndicate 1414 at Lloyd’s)

Ascot Differentiator

  • FAI Limits
  • Offshore and Onshore Appetite
  • Local Capacity
  • Flexible and Consistent underwriting approach
  • Recognized Leader in the Excess Market

Coverage Features

  • Excess 3rd Party Liability
  • Onshore and Offshore
  • Follow Form or Umbrella
  • Occurrence or Claims Made
  • Scale-to-Interest or For Assured’s Interest (FAI) Limits
  • Sudden and Accidental Pollution

Upstream Energy

Target Industries Include:

  • Upstream and Midstream E&P
  • Target Subindustries:
  • Onshore and Offshore Operators and Non-Operators
  • Offshore Drilling Contractors. We Write Across a Spectrum Including: Small, Independent Exploration, Production Service Companies all the Way up to Large Multinational Companies
  • Areas Out Of Appetite: Primary Construction

Limits Offered: $75,000,000

  • Minimum Premium: None
  • Attachment points: Primary or Excess. No Minimum Attachment Point.
  • Geographic Scope: Worldwide
  • Admitted/Non-Admitted: Non-Admitted (Written on Behalf of Syndicate 1414 at Lloyd’s)

Ascot Differentiator

  • Quota-Share Lead or Follow Lines
  • Specialist Coverage and Underwriter Expertise
  • Write directly on behalf of Lloyd’s Syndicate 1414 From a Local Houston Office With Authority up to Our Maximum Limits

Coverage Features

  • Physical Damage/Oil Lease Property
  • Business interruption/Loss of Production
  • Control of Well
  • Third-Party Liabilities
  • Terrorism; Including Coverage for Gulf of Mexico Named Windstorm

Downstream Energy

Target Industries Include:

  • Refining/Petrochemical
  • Areas Out Of Appetite: CAT
  • Target Book Mix: Excess

Limits Offered: $10,000,000

  • Minimum Premium: None
  • Attachment Points: Excess Only. Top 50% of EML
  • Geographic Scope: Worldwide
  • Admitted/Non-Admitted: Non-Admitted (Written on Behalf of Syndicate 1414 at Lloyd’s)

Ascot Differentiator

  • Offer Quota-Share Lead or Follow Lines
  • Offer Specialist Coverage and Recognize the Many Nuances of the Oil and Gas Coverages
  • Write Directly on Behalf of Lloyd’s Syndicate 1414 From a Local Houston Office
  • Local Authority up to Our Maximum Limits

Coverage Features

  • Physical Damage
  • Business Interruption Excluding CAT

Energy (U.S)

Diana Durning

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