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Energy
Insurance
Our specialized knowledge in
insuring different industries gained over through knowledge oriented team who
have deep experience in handling clients with complex insurance requirements put
us in a position of leadership in providing customized solutions to a variety of
insurance needs.
OIL &
PETROCHEMICAL
Mellat Insurance
Company has been in the Oil, Gas and Petrochemical insurance business.
We have worked
with clients on virtually every kind of petrochemical projects and imaginable
ranging from onshore construction and operational whether it is:
• Onshore flow
lines and separation units;
• Distribution through pipelines;
• Storage in tanks, terminals and underground caverns;
• Processing of gas and oil in gas plants or refineries;
• Cracking of gas condensate, naphtha, ethane, or propane to ethylene;
• Further downstream petrochemical plants;
• Synfuel plants;
• Gas to liquid plants.
CONSTRUCTION
& ERECTION ALL RISK
Erection All
Risk and Contractors All Risks (EAR/CAR) insurance is designed to provide
comprehensive material damage coverage for the myriad of risks that construction
projects face from project conception through completion and beyond.
Mellat Insurance
offers this Insurance for all classes of business. We offer this coverage to
all non energy classes and occupancies.
The Construction
Product Line underwrites all on-shore occupancies including:
Erection All
Risks (EAR): Heavy industry including oil and gas, chemical and petrochemical,
power generation, process industries, and other manufacturing occupancies.
•
Building/airports
• Coverage can be tailored to include:
• Operational Testing and Commissioning
• Delay in Start-up
• Transit and Off-Site Storage
• Contractors' Plant and Equipment
• Third Party Liability
• Maintenance Coverage
• Professional Fees
• Expediting Expenses
- Construction Risk Engineering
provides value-added loss control and prevention services during the planning,
construction, erection and commissioning phases of a project. Risk engineers
conduct risk assessment surveys and loss control inspections that analyze unique
construction exposures such as rigging, tunneling, transit and storage, testing
and commissioning, exposure to partially completed structures from flood,
windstorm, earthquake and fire, in addition to traditional areas of focus such
as building code compliance and fire protection.
OFFSHORE
PROPERTY
• Physical
Damage
This insurance covers all risk physical loss or damage to fixed offshore
drilling, production and accommodation facilities.
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