Willis Towers Watson has launched Risk Protect, an insurance and risk management product for companies serving the global oil and gas industry.
Risk Protect applies industry specific insurance policy wording, underwritten exclusively by Chubb, that addresses current and emerging risks in the oil and gas sector, from cyber security to supply chain interruption and terrorism.
The policy offers coverage for employer’s liability, public and products liability, property damage, and business interruption insurance. Specific extensions are available including (but not limited to): financial loss, product recall expenses, clean-up costs, onshore and offshore pollution coverage.
Based in Aberdeen, Scotland, Willis Towers Watson’s local oil and gas specialists have teamed up with global insurer Chubb to offer the coverage that offers protection to any company that services the global oil and gas sector, for example engineering, manufacturing, IT services or catering companies.
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