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Operator's Extra Expense (Control of Well) Insurance

Operator's Extra Expense (Control of Well) Insurance covers expenses energy and energy-related businesses incur when regaining control of an offshore or onshore well “blowout”, including redrilling expenses and seepage, pollution emanating from the blowout.
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• Add-ons include property of others in the insured’s care, custody and control, underground blowout, evacuation expenses, removal of wreck and making wells safe
• Available limits among the highest in the industry – up to $20 million on standalone well controls and up to $150 million on any single occurrence, any one location, all interests combined as part of a package
• The AIG Companies' Oil Rig Form or EED form
• Worldwide underwriting, engineering, loss control and claims services provided by energy industry specialists

Our claim specialists 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