Offshore Oil and Gas Contractor Insurance

Quick and personalised indemnity and liability insurance for energy contractors and offshore oil and gas contractors.

Start your quote
Caunce O'Hara Feefo 2022 Platinum Award 250px
Trusted by over 23,000 clients for their business insurance
Quick and easy online cover for your profession
Rated 4.7 out of 5 by over 3,500 clients at feefo.com
Offshore energy contractor insurance - The back of an offshore energy worker walking on to his work site in the evening.

Our energy contractors’ insurance covers you if you work on offshore oil and gas installations, at power stations, chemical works, oil refineries, nuclear plants, wind-farms or in other energy specific professions.

Energy contractors working in the offshore oil and gas sector know that insurance requirements differ from mainstream offerings. At Caunce O’Hara we have provided insurance cover to energy sector contractors for over fifteen years and provide bespoke liability policies that deliver, whether you work upstream, downstream or in specialist areas.

Start your quote

What is energy contractor insurance?

Working in the oil and gas industry isn’t like any other profession and comes with a high element of risk, therefore your professional indemnity insurance policy won’t be the same either. Some companies won’t let you take on contract work without the right level of indemnity insurance in place. Our professional indemnity insurance will cover you for a range of incidents which may arise throughout the duration of your contract as an offshore oil or gas professional.

Why do energy contractors need insurance?

Those operating in this specialist sector have stringent insurance requirements where policies need to respond at home and abroad as required. The potential for accidents, the ever-changing innovations that arise in this sector and the demands for safe working practices, mean the oil and gas sector requires insurance of the highest calibre.

Caunce O’Hara are here to provide appropriate insurance policies for the oil and gas industry so your business and your workforce is protected, allowing your offshore oil and gas business to thrive.

The oil and gas industry has unique working practices, rules and regulations so it’s important that you seek an experienced broker when considering your insurance. We have over fifteen years’ experience in advising businesses operating upstream, midstream and downstream, and our energy contractors insurance scheme is highly respected in the industry.

Why choose Caunce O'Hara for your business insurance?

As freelance insurance experts, we're your number one choice for your business protection.

Caunce OHara business insurance for contractors and freelancers
1

Trusted by over 23,000 clients for their business insurance.

2

Immediate cover available, with documents issued via email in minutes!

3

Over 25 years’ experience of insuring self-employed professionals, including freelancers, contractors, and small business owners.

Golden star
I had spoken to Caunce O'Hara prior to the transaction and it all went smoothly for me. I have used them now for 12 years.
Trusted Customer
Feefo
Golden star
Company insurances renewed for another year with Caunce O'Hara. No drama, issues or concerns. Professional Indemnity cover increased as per our instructions. Good freelance information issued by e-mail and on the website.
Trusted Customer
Feefo
Golden star
Excellent customer service and value for money. Best Public Liability, Professional Indemnity and Employers' Liability insurance offer I’ve come across.
Trusted Customer
Feefo

Frequently Asked Questions

The business insurance policy will provide cover for claims including:

Design errors
Your plans for a project have been incorrectly calculated, rendering the project unfit for purpose and in need of a rethink. Your client takes legal action against you for the costs of correcting your mistake and potentially for the business interruption costs. Professional Indemnity insurance would provide cover in this instance.

Loss of data or documents entrusted to you
Key data in your trust has been mislaid or accidentally deleted from a computer or server. The data is required to complete a key project and as a result the project is upheld incurring extra operational costs. Professional Indemnity insurance would provide cover in this instance.

Breach of contract
A project overruns and you miss an agreed deadline for delivery of an engineering project you are contracted for, incurring extra operational costs. Professional Indemnity insurance would provide cover for this in the event your client made a claim against you.

You cause an accident while working onsite
You are contracted to work onsite for a client and close a security door on a colleagues fingers. A claim is made against you for causing the accident and to pursue damages for loss of earnings for the employee as the injury meant they could not work. In this instance, you would be covered by Public Liability insurance.

With Caunce O’Hara’s intuitive online quote and buy system you can get an indicative quotation for your energy contractor insurance in a matter of minutes.

As an example: an electrical design engineer with an annual turnover of up to £50,000, who needs Professional Indemnity insurance with an indemnity of £500,000 of cover (in any one claim) would pay as little as £249.60 per year. We think this represents good value considering the level of cover and peace of mind that you gain. (Figure correct 17.11.2021)

At Caunce O’Hara, we have a full range of oil and gas engineering professions covered by tailored policies that provide the exact level of coverage required by your individual situation.

Apart from Professional Indemnity insurance, energy contractors will likely be required to carry Public Liability insurance as part of their contractual obligations to protect the clients’ property in the event of damage and to protect members of the public and staff in the event of an accident.

It is also important to note that as a self-employed business owner (including contractors working for their own limited company), a claim can be made against you personally with unlimited personal liability, therefore Directors and Officers insurance is a valuable insurance policy which will cover you in this instance.

Our Business Combined insurance provides a package of cover that includes Public Liability, Employers’ Liability, Directors and Officers insurance, and cover for business office equipment and portable equipment.

Tax Enquiry and Legal Expenses insurance will provide cover for costs incurred from a legal occurrence or claim that your indemnity and liability insurance does not cover, including the costs incurred from an IR35 tax investigation.

We insure companies registered or individuals paying taxes in the UK, Channel Islands and Isle of Man with cover for both UK and Europe offshore, USA and Canada including Gulf of Mexico offshore and the rest of the world.

Contact us

Call 0333 321 1403

Our understanding of the freelance sector and the challenges you face daily, enables us to tailor our insurance products to meet your needs. Contact us to talk about your insurance requirements and to better understand the insurance we offer.

Get in touch
Contact Caunce O'Hara for your business insurance today