Upstream exploration & production including oil sands mining extraction and upgrading, in-situ processing, midstream storage and pipeline transportation, gas processing, downstream refining and distribution, and associated carbon capture.
SSRU targets severity driven property risks with meaningful attachment points, often with US or international exposures.
Our syndicated line of CAD/USD 25M+ shields the Insured from counter-party exposure and ensures placement stability by protecting our capacity partners from volatility.
For businesses with revenues in excess of $100m
Premiums start at $25,000 net of commission
Minimum deductible of $250,000
ONSHORE OIL & GAS
Conventional power sources; renewables, distribution and limited transmission.
Pulp and Paper operations, highly protected sawmills, wood fuel pellet manufacturing
Open cast and underground metal and mineral mining operations, including processing facilities.
Steel processing blast and arc furnace, aluminum processing.
School Boards, Municipalities, Infrastructure, Public Entity, Hospitals, Technology, Industrial/Manufacturing, Food Products, Transportation, Financial Services, Program Business and Specialty Programs.
PUBLIC & COMMERCIAL PROPERTY
BUILDERS RISK & SPECIALTY CONSTRUCTION
Commercial and industrial buildings (high rise residential buildings are non-target).
Infrastructure including roads, bridges, railways, storm and sewage systems.
Gas processing plants and storage, oil batteries, tank storage and pipelines, upgraders and refineries, hydro and fossil fuel generation, distribution and transmission, renewables (onshore) and mining processing plants.
All Risk including Business Interruption and Machinery Breakdown
Follow Form All Risk
Builder’s Risk including Delay in Start Up
Bespoke treaty with a Canadian domiciled Reinsurance panel led by an A rated Canadian owned Primary Insurer
Capacity can be deployed on a Primary, Excess and/or Quota Share basis.
Policy term of 12-18 Months for Operational Property, 60 Months for Builder’s Risk
Boiler & Machinery available in conjunction with Property