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https://completemarkets.com/Article/article-post/2500/OIL-GAS-INDUSTRY-GROWING-INSURANCE-OPPORTUNITIES/
... "Wet" Endorsements: "In
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https://completemarkets.com/company/usg/Articles/content-package/USG-Insurance-Services-Inc/TabCategory/article-post/2500/OIL-GAS-INDUSTRY-GROWING-INSURANCE-OPPORTUNITIES/
... inevitable risks. Our key opportunities lie within the service equipment arena and the existing oil lease properties. This emerging industry is a great prospect for insurance agents to expand their current book of business and clientele. USG offers coverages specialized for this industry including: • General Liability • Property • Auto • Contractors' Equipment • Inland Marine • Ocean Marine • Pollution/ Environmental • UST's/AST's • "Wet" Endorsements: "In Rem," Gulf of Mexico, & Non-Owned Watercraft • Workers' Compensation • Umbrella Targeted Classifications: Anchor Setting and Cementing Calibration/Reading Cleaning or Swabbing Coal, Gems, Stone, Rock, & Gravel Mining Engineers and Consultants Equipment Rentals/Sales Exploration & Production Hazmat Transportation Lease Operators of Wells Lease Work Construction & Roustabout Operations Manufacturers & Distributors Oil or Gas Well ... fracturing is the most common method to extract natural gas from the recently discovered shale plays. The industry itself is broken down into four segments: exploration, production, processing, and distribution, with the primary focus and greatest opportunities lying in the production sector. The three main types of companies seeking insurance for oil and gas production are oil lease property, well servicing and workover equipment, and service contractors. Each aspect includes steps such as casing, cementing, and perforating. From supervision of the rig equipment and tools through the various aspects of the process to obtain oil and gas, there is a wide margin for errors. Each individual contractor as well as the company in its entirety needs to be protected from such inevitable risks. Our key opportunities lie within the service equipment arena and the ...