ENERGY E&P KEY FACTS

Coverage

Ascot offers specialist coverage for exploration and production in the global energy industry. We recognize the many nuances of this coverage and the need for them to be
tailored around the requirements of specific operations. Writing directly on behalf of Lloyd’s Syndicate 1414, we can offer genuinely tailored policies for specific E&P needs.

Range of clients:

We write across the spectrum including small, independent exploration, production service companies all the way up to large multinational companies.

Key areas of expertise:

• Offshore/Onshore
• Contractors

Product Range:

• Physical Damage/Oil Lease Property
• Business Interruption / Loss of Production
• Control of Well
• Third Party Liabilities
• Terrorism

Types of coverage:

100% coverage | quota-share | lead or follow lines depending on the individual risk

Line Size:

Maximum capacity per occurrence of: $75mn

Energy Liabilities Key Facts **(upload the current sell-sheet on this page behind a button)

Coverage:

Ascot offers excess coverage for third party liabilities associated with the offshore and onshore oil & gas industry in the U.S.

Range of clients:

Our underwriting appetite includes a broad spectrum of onshore and offshore exploration and production companies. This includes small, independent operators and
non-operators up to large, multi-national companies headquartered in the U.S. We also write oil and gas service contractors.

Key areas of expertise:

• Oil & Gas lease
• Oil & Gas lease non-operators
• Oil & Gas service contractors

• Drilling and work-over contractors
• Midstream operators (excluding downstream risks)

Types of coverage:

100% coverage | quota-share | lead or follow lines depending on the individual risk.
• Where we place coverage 100% or act as a lead in a quota-share placement, we offer excess liability coverage based on a manuscript
Umbrella form with the ability to tailor coverage to meet specific requirements of a client.
• We also have the ability provide Follow-Form excess liability coverage.
• Limits for both the Umbrella and the Follow Form placements can be provided on a ‘for Assured’s Interest’ basis. In regards to quota-share placements, we also have the ability to follow domestic admitted and non-admitted policy forms.

Line Size:

Maximum capacity per occurrence of: $50mn.