Oil and Gas

Oil refinery

Canada is one of the largest oil and natural gas producing countries in the world. We want to help maintain that maintain that position. Our creative solutions provide the underwriting consistency and flexibility to meet operational property, machinery breakdown, and business interruption coverage needs.

Target classes

Compressor and pump stations
Gas processing plants
Gas storage
LPG and LNG facilities
Petroleum refineries
Pipelines
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