Benefits of Alesco

Fullfilling Your Needs

For the past 10 years, we have handpicked some of the most experienced, specialist energy brokers in the market.

Our team boasts oil & gas, power and renewables insurance specialists, market brokers, claims handlers and technical support staff. Through our network of partner offices in key energy hubs across the world, we have the global reach needed to support our energy clients.

Recent changes in insurance legislation have led to an increased focus on the basis upon which oil & gas risk information is disclosed to underwriters, such as the prohibition of ‘data dumping’ of large volumes of information. Our energy insurance team is well versed on the requirements and works closely with clients from the earliest possible phase of the risk transfer process to ensure correct information is presented to the market.

Tailored Programmes

With our combined approach to energy insurance and risk management, we can service your inter-connected construction, property and casualty requirements as part of a single, complete proposition.

The strength of our team’s experience enables us to assess our clients’ key risks, such as their contractual exposures, and determine the potential impact on their insurance requirements to deliver an optimal and tailored insurance programme. 

Our programmes offer broad, bespoke and competitive insurance solutions including:

  • Property Damage insurance, Business Interruption, loss-of-revenue and loss of hire
  • Control of well/operator's extra expense
  • Full political violence including terrorism, sabotage and war
  • Oil Pollution Act coverage and Environmental impairment liability insurance
  • Natural-catastrophe cover

Advantages

You’ll be hard-pressed to find a broker elsewhere with as much understanding of the energy market, or access to better facilities – we’ve built our reputation on it.

We will work alongside you throughout the energy project lifecycle, helping energy companies to achieve the ideal insurance solution and even helping them to secure their finance.

By working with us, you can benefit from: 

  • Broad, Lloyd’s-backed, minimum A- facilities in the upstream, midstream & downstream energy and power & renewables markets, onshore & offshore
  • Robust, competitive energy insurance to companies, large and small, all over the world
  • Access to a dedicated in-house claims team