Energy & Power Insurance
Upstream, midstream, and renewable. Specialist energy programs for oil & gas, power generation, and the energy transition.
Why Choose WECARE?
Energy assets are capital-intensive and high-severity. WECARE places upstream exploration, refining, power generation, and renewable energy programs with specialist energy underwriters, covering physical damage, business interruption, liability, and control-of-well risks from construction through operations.
- Upstream oil & gas and control of well (BOE)
- Power generation, transmission, and distribution
- Renewable energy: solar, wind, hydro, and biomass
- Construction and operational all-risk cover
- Business interruption and contingent BI
- Energy third-party and environmental liability
What's Covered
Comprehensive coverage options tailored to your needs.
Operational All Risks
Physical damage to energy assets from sudden and unforeseen events, including machinery breakdown.
Construction All Risks
Damage during construction, erection, and commissioning of energy projects.
Business Interruption
Lost revenue following an insured event, with contingent BI for supplier and customer dependencies.
Control of Well / Redrilling
Cost to regain control of a blowout, redrill, clean-up, and resulting pollution liability.
Energy Liability
Third-party bodily injury, property damage, and pollution arising from energy operations.
Renewable Energy Package
Tailored cover for solar farms, wind turbines, and hydro plants including degradation and performance.
Frequently Asked Questions
Do you cover renewable projects?
Yes. We place solar, wind, hydro, and biomass packages covering construction, operation, and business interruption.
What is control of well cover?
It covers the cost to regain control of a blowout, redrilling, debris removal, and resulting pollution, essential for upstream operators.
Is business interruption included?
Yes, with contingent BI for upstream supplier and downstream customer dependencies.
Can you insure during construction and operation?
Yes. We transition projects from construction all risks to operational all risks at handover.
Ready to Get Protected?
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