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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 thae 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. Nio 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)

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