Empowering energy operations with smarter protection
At Navacord, our specialized energy team has spent years building risk management programs for local, national and global energy companies, including organizations operating across traditional and renewable energy sectors.
Specialized coverage for complex energy risks
Insurance guidance for energy, oil and gas, and renewable energy companies
With deep industry experience and specialized market knowledge, we provide a detailed analysis of your operations, exposures and insurance needs. Our team helps identify opportunities to reduce risk, strengthen coverage and secure competitive solutions for energy, oil and gas, and renewable energy businesses across Canada.
We understand that energy companies operate in a complex and evolving risk environment where strategic decisions can carry significant operational, environmental, financial and regulatory implications. As your insurance broker, we work as an extension of your team, supporting risk management, claims advocacy and long-term program strategy.
Insurance support for a changing energy landscape
Protect your assets, people and balance sheet
Our exploration and production, oilfield services, renewable energy and energy specialists understand the technical and commercial realities of your business. We are experienced with a wide range of risk financing approaches, including retention, transfer, traditional insurance and alternative program structures.
Navacord can help you manage energy sector risk and protect your balance sheet. Our in-house specialists review key areas of your operation, from field assets and equipment to facilities, contractors, transportation, environmental exposures, renewable energy infrastructure and business interruption risks. We identify exposures, recommend practical loss-control strategies and help protect your people, operations and long-term resilience.
Who we help
Our energy, oil and gas, and renewable energy insurance specialists support a wide range of companies and contractors with tailored insurance and risk management solutions designed to protect field operations, equipment, facilities, people, project continuity and long-term energy assets.
Companies involved in exploration, production and field operations, including junior and mid-size operators managing assets, wells and day-to-day energy production.
Drilling contractors, consultants, service rig operators and well control specialists supporting drilling programs, well intervention and pressure-control operations.
Specialized contractors providing services such as fracking, cementing, stimulation, production testing, slickline, perforating, logging, hot oiling, swabbing, vac/mud services, wireline and well site construction.
Secure coverage for shared property, common areas, liability, and emerging claims exposures.
Companies involved in solar, wind, hydro, geothermal, bioenergy, hydrogen, carbon capture and battery energy storage projects, including developers, owners, operators, investors and contractors supporting renewable power generation.
Pipeline and facility construction contractors, land surveyors, lease preparation contractors and reclamation specialists supporting the development, maintenance and restoration of energy sites.
Our energy expertise
Our national team provides insurance solutions for energy exploration and production companies of all sizes, from startups to large multinational operations, as well as renewable energy companies developing, constructing or operating clean energy assets. This expertise spans upstream, midstream, downstream and renewable energy risks, including Canadian, US and international exposures.
We support upstream businesses including onshore and offshore exploration and production companies, drilling contractors, oilfield service companies and offshore construction contractors.
We support midstream operators such as pipeline systems, tank farms and terminal operators that move, store and manage energy products.
We support downstream businesses including refining and marketing companies, petrochemical companies, LNG plants and fertilizer plants.
We support renewable energy companies involved in solar, wind, hydro, geothermal, bioenergy, hydrogen, carbon capture and battery energy storage projects, with guidance across development, construction and operational phases.
Coverage designed for energy operations
Important energy, oil and gas, and renewable energy insurance coverages
Through our relationships with leading insurance providers, we help energy, oil and gas, and renewable energy companies access coverage options that reflect complex field operations, physical assets, contractors, employees, environmental exposures, evolving technology, construction risk and business continuity needs. Our team can help build a tailored insurance program that supports day-to-day operations, project development and long-term resilience.
- Commercial General Liability
Commercial General Liability
Helps protect against third-party claims for bodily injury, property damage and related legal expenses arising from your premises, operations or employees’ actions.
Builders Risk/Course of Construction
Helps protect renewable energy and energy projects during construction, installation, testing and commissioning, including materials, equipment and work in progress before operations begin.
Equipment Breakdown/Mechanical Breakdown
Provides protection for critical equipment such as turbines, inverters, transformers, production equipment, compressors and battery energy storage systems following certain mechanical or electrical breakdown events.
Operator Extra Expense/Control of Well
Covers costs related to a well-control event, including regaining control of the well, pollution cleanup and restoration following a blowout.
- Property, Business Interruption and Contingent Business Interruption
Property, Business Interruption and Contingent Business Interruption
Protects physical assets such as buildings, production equipment, machinery and inventory, while helping offset lost income after a covered loss or disruption.
- Forest Firefighting Liability
Forest Firefighting Liability
Helps cover liability claims and expenses related to forest fire suppression or firefighting response.
- Directors and Officers/Employment Practices Liability
Directors and Officers/Employment Practices Liability
Provides protection for claims made against corporate directors, officers and the organization, including employment-related allegations and management liability exposures.
- Cyber Liability
Cyber Liability
Helps protect against the financial and operational impact of cyberattacks, data breaches, ransomware events and related business interruption.
Environmental Liability
Provides customizable protection for first-party cleanup costs and third-party liability claims related to the release of pollutants.
Explore broader business protection
If your needs extend beyond energy insurance, Navacord offers a full range of business insurance solutions designed to support complex operations, evolving risk exposures and long-term business resilience.
