Natural Resources & Construction

Aspen’s Natural Resources & Construction team is comprised of professional underwriting experts with industry intelligence developed over many years of experience of providing risk based solutions.

At Aspen we take time and invest significant resource into understanding each clients unique exposures and risk transfer preferences. We ensure that our portfolio of risks is reflective of the risks individual clients bring to it to enable fair pricing and terms.

Robin Waller Head of Energy and Construction

Our underwriters have over 150 years’ industry experience between them

With a focus on transparency and responsiveness, Aspen Natural Resources & Construction has developed long-standing relationships with broking partners and clients.

Aspen Natural Resources & Construction is based in London with our underwriters operating out of Lloyd’s. We have the ability to write risks across the globe and the single location, hub underwriting philosophy has eliminated the channel conflict that troubles many of our competitors.

Our underwriters have over 150 years’ industry experience between them, which affords them the knowledge and understanding of the various nuances that come with different risks.

The Aspen Natural Resources & Construction team have a variety of skillsets including a number of whom have engineering backgrounds.  This allows them to understand the technical complexities of the industry and better respond to our customers’ needs.

Areas of business

Power Generation

  • Regulated utilities
  • Independent power producers
  • Merchant facilities
  • Thermal power
  • Combustion turbine generators
  • Internal combustion engines
  • Hydroelectric plants
  • Geothermal
  • Waste to energy
  • Solar
  • Wind farms
  • Water & waste water treatment facilities

Coverages Considered:

  • Property Damage
  • Business Interruption

Upstream Energy & Construction

  • Fixed Platforms
  • Mobile Rigs
  • Drill Ships
  • FPSO/FSO Units
  • Semi-submersibles
  • FLNG Units
  • Land Rigs
  • Production Equipment
  • Pipelines
  • Processing and Distribution Plants

Coverages Considered:

  • Property Damage
  • Loss of Production Income
  • Operator Extra Expense
  • Package Energy Liability
  • Construction All Risk
  • Delay in Start-up

Heavy Industries

  • Mining and Mineral Processing
  • Metal Making (Steel and Aluminium)
  • Pulp and Paper
  • Cement Manufacturing

Coverages Considered:

  • Property Damage
  • Business Interruption

Midstream Energy

  • Gas Fractionation
  • LNG production
  • Regasification
  • Oil & Gas Distribution
  • Pipelines
  • Processing and Distribution Plants

Coverages Considered:

  • Property Damage
  • Business Interruption

Onshore Construction

  • Erection All-Risk (EAR)
  • Contractors All-Risk (CAR)
  • Civil Infrastructure
  • Contractors Plant and Equipment (CPE)

Coverages Considered:

  • Property Damage
  • Delay in Start-up
  • Third Party Liability

FAQs

Where is the team based?

The team is located in London although participates on business throughout the globe

How do I access the team?

Our Business is accepted through intermediaries with access to the Lloyd’s of London Insurance Market