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As the situation in Ukraine evolves, businesses should be mindful of potential risks to their people, assets, operations, or supply chains in the region and globally. Marsh, as part of the Marsh McLennan family of companies, has created a page with information, tools, and resources related to the Russia-Ukraine conflict. Please visit the page for the latest information.


Energy companies need powerful ideas and solutions to significantly mitigate risk.

Our energy industry specialists have been there and done that—we can help mastermind a range of thoughtful and innovative ways to reduce your risk exposure.

Marsh McLennan Agency is at the forefront of advising energy companies on risk and insurance issues impacting operational success. As the renewable energy industry continues to develop and expand, we have the risk management capabilities necessary to meet your current and emerging needs. Drawing on our knowledge and expertise, we’ll develop creative solutions for both project-specific and/or comprehensive programs.

Energy Industry Services

Our services can provide a comprehensive solution that protects your firm, your assets, and your people.

Contract Reviews

When it’s time for a contract review, it’s critical to work with an experienced team that understands the complexities and nuances of the energy industry.

Risk Engineering

Marsh McLennan Agency’s risk engineering capabilities make a measurable difference in controlling losses.

Property/Casualty Brokerage

Our account teams will work closely with you to negotiate best-in-class coverage terms and we’ll ensure that you get all the support you need.

Consultative Claims Management

The complex claims that can result from energy-related operations need specialists that understand your industry.

Surety Placement

Succeeding after competitors have failed typifies Marsh McLennan Agency’s exceptional Surety Practice.

Cyber Risk Advisory

The energy sector is becoming a growing target for cyber criminals who may be motivated to disrupt critical infrastructure for either political or competitive reasons. We can help optimize coverage to address supply chain disruption and other key energy sector concerns.

Tailored Coverages for the Energy Industry

  • Surety Bonding
  • Cyber Liability and Data Security

Meet Herbie, an energy risk specialist.

Herbie Rolph

Strategic Account Executive
Dallas, TX

Marsh McLennan Agency Alliances

Solar Energy Industries Association

Frequently Asked Questions

In general, energy insurance provides coverage for incidents that could put energy companies at risk, such as oil and gas, power generation, renewable energy, or the alternative energy sector. Because numerous companies within the energy industry face various exposures, “energy insurance” can only be understood as a blanket term.

Due to the different risks associated with each sector, insurance coverages between upstream, midstream, and downstream businesses will vary immensely.

Transportation and processing industries in the midstream sector must consider pipeline leaks, spills, or accidents during transportation. So, liability coverage, for instance, may be more important.

For upstream operations in gas and oil, the operator’s extra expense and well control will help address the risks associated with blowouts.

Some coverage lines, such as general liability and commercial auto insurance, will apply to the entire energy industry. Your Marsh McLennan Agency consultant will gladly help you find the plans that suit your operation.

Because of the range of industries and risks involved, some insurance policies come into play more often than others. Most energy companies are well advised to take advantage of an insurance package covering general liability, commercial umbrella, commercial auto, workers’ compensation, and equipment.

Depending on your niche and the risks it naturally involves, pollution liability insurance and operators' extra expense packages are reasonable additions. So in case of a blowout, your enterprise is protected against cleanup expenses, third-party claims, and the costs associated with regaining control of the well.

Marsh McLennan Agency also offers more targeted solutions to meet the specific needs of rare industry risks, from business interruption to builder’s risk insurance.

The combination of insurance policies your energy company needs depends on a number of factors, starting with your risk management appetite and the exposures you are willing to absorb. As the energy industry keeps evolving, you might need to future-proof your business and think beyond today’s common solutions like general liability by investing in data breach insurance.

To determine which types of energy insurance your enterprise needs, you should analyze your operations, business relations, construction plans, and common risks and liabilities within your niche. You should then speak with a Marsh McLennan Agency consultant who specializes in your industry to find a package that meets your needs.

Your premiums will ultimately be determined by your industry, locations, and the value of your business assets, like machinery. The renewable energy industry faces different challenges than oil and gas, thus calling for unique solutions.

Ultimately, you control costs through your internal policies, risk assessment, business partnerships, and management style.

We’re happy to explain how your amount of coverage might change if you plan to adjust these factors within your operations.

When considering the initial cost of energy insurance, it’s crucial to remember that it helps to minimize industry-specific risks and the losses associated with them. Therefore, solid energy insurance can increase your perceived value as a business partner and protect your employees and equipment.

Just like in the energy industry, there is no one-size-fits-all solution. Our energy risk specialists will help you find a package that works for your business needs and minimizes risks through continued consulting and business analyses.