
Energy Insurance Worldwide
AlKoot is a premier provider of insurance solutions specifically designed for the oil and gas industry. We offer coverages that address the unique operations and risks associated with the energy sector. Our customized energy insurance policies are crafted to meet your company’s specific needs, ensuring protection against the diverse challenges inherent in this dynamic industry.
AlKoot Insurance services cater to corporate clients across various global industries, providing coverage against unforeseen sudden and accidental physical damage, business interruption following the physical damage, in addition to machinery breakdowns, and loss of profit due to these breakdowns.
Additionally, we offer liability insurance where needed and additional coverage to ensure comprehensive protection for your operations. We invite you to explore our offerings tailored to support your business in navigating the complexities of the energy landscape.
In Upstream Operations, we provide coverage for costs associated with:
● Exploration activities
● Offshore third-party liability
● Excess liability
● Employers' liability
● Control of Well (COW) and Operators' Extra Expense (OEE)
● Cargo and transit insurance
● Construction of offshore energy projects
● Delays in startup
● Contractor's plant and machinery/equipment
Midstream Operations, our policies cover:
● Transportation via pipeline or vessel
● Gathering, separation, and storage facilities
Downstream Operations, includes:
● Exploration, development, and production assets
● All onshore activities
● Onshore third-party liability insurance, including public liability, product liability, and pollution property damage
Liability Coverage
Our third-party liability policy for energy insurance covers two key areas:
● Energy offshore liability
● Energy onshore liability.
AlKoot Insurance and Reinsurance is dedicated to ensuring that your energy operations are protected at every stage. Explore our tailored policies and secure your business against the risks of the global energy sector.