Offshore Business Interruption Insurance

Offshore Business Interruption (loss of production income) insures energy and energy-related businesses against loss due to a temporary interruption in the oil/gas supply from an offshore facility as a result of a physical loss or damage to the offshore facility.
Features and Benefits Back To Top
• Covers lost production income due to physical loss or damage to an offshore facility
• Can be written standalone or as part of a package
• JRC Form with AIG Amendments; manuscript forms considered
• Available limits among the highest in the industry – up to $50 million on any single occurrence, any one location, all interests combined
• Worldwide underwriting, engineering, loss control and claims services provided by energy industry specialists

Our claim professionals around the globe help clients avoid and mitigate the effects of loss or damage by using the latest technology and claims management strategies to assist insureds in controlling losses, reducing downtime and restoring operations quickly and efficiently in the wake of a loss. Our experts work closely with clients to design and implement creative claims management approaches that keep pace with a rapidly-evolving business and litigation environment.

For more information please email oilrigclaims@aig.com