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Chemicals and Petrochemicals

Two men in hard hats talking in chemical and petrochemical work environment

Chemical and petrochemical facilities present both significant and specialized, complex exposures involving potential severity well beyond most other industries. Our dedicated team of underwriters, risk engineers and claims managers have the industry insight, experience and expertise to provide tailored insurance solutions and worldwide coverage with up to $150 million capacity.

Target classes

  • Ammonia/methanol/fertilizer plants
  • Ethylene and various petrochemical production plants
  • Ethanol/biofuel production
  • Industrial chemicals and gases; gas storage
  • Terminals and tankage

Generally excluded from appetite

  • Control of well covers
  • Offshore (marine) exploration and production
  • Standalone boiler & machinery

Policy highlights

  • Property, Machinery Breakdown, and Business Interruption
  • A flexible, manuscript policy wording approach

Capacity

$150 million USD

The Liberty difference

  • Global market presence with a successful track record of protecting businesses in your industry
  • Flexibility to meet your operational coverage needs
  • Worldwide engineering and claims expertise as part of our seamless and integrated business unit approach to energy insurance
  • Quota share and excess capacity provided on a leading or strong supporting basis

Why Liberty?

  • • A.M. Best Financial Strength Rating ‘A’ (Excellent); S&P rating of ‘A’ (Strong)
  • • Efficient cross-border capabilities
  • • Established Canadian market presence for over 25 years
  • • Access to Liberty Mutual’s extensive international network
  • • Local underwriting authority
  • • Local risk engineering and risk control experts
  • • In-house claims service team