Oil and Gas

The oil and gas industry is the backbone of the Nigerian economy. However, this significant industry is faced with vast and diverse risks exposed daily resulting in huge financial losses! Advocate Insurance Brokers offers comprehensive and flexible insurance solutions to the operators in the Oil and Gas Industry! We partner with insurance companies that have strong underwriting skills, financial stability, and adequate reinsurance treaty to guarantee reliable insurance protection for our clients’ assets and liabilities. Whether your organisation operates in upstream, midstream, downstream, transportation, or a provider of supporting services our experienced professionals are familiar with diverse risk exposures of the full spectrum in the oil and gas industry.

 

Oil & Gas Insurance Package

Scope of Cover

  • Physical & Material damage
  • Loss of Profit Insurance (Business interruption)
  • Well control insurance/ Operators Extra Expenses
  • General third-party liability
  • Environmental pollution
  • Automobile Liability
  • War and Political Risk
  • Construction & Erection All Risks
  • Machinery breakdown and boiler insurance
  • Spillage and Pollution
  • Insurance of Power Plants
  • Environmental Damage Insurance
  • Other Exploration and Production Risks

Marine Insurance

  • Hull & Machinery Insurance
  • Protection And Indemnity
  • Marine Cargo Insurance
  • Inland Marine Insurance

Other Classes of Insurance

  • Group Personal Accident Insurance
  • Motor Insurance
  • Fire & Special Perils Insurance
  • Burglary Insurance
  • All Risk Insurance
  • Group life Insurance
  • Group Health Insurance
  • Directors & Officers Liability Insurance
  • Professional Indemnity Insurance
  • International Travell

About Us

Advocate Insurance Brokers Limited (AIB) was registered in Nigeria as an Insurance Broker in 2011 by the Corporate Affairs Commission (CAC) to transact all classes of insurance business covering; Employee Benefits Insurance, Insurance on Physical Assets, and Liability Insurance among others.

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