Houston-based Markel Global Marine & Energy Inc. (MGME) announced an expansion of product capabilities in its Onshore Energy Property Division.
According to the announcement. the division immediately will begin writing all oil field contractors equipment (hot oil, coil tubing, swabbing, franc, etc.), alongside drilling and workover rigs.
In addition, the SIC Code occupancies will be expanded to include 3000-3089, which encompasses rubber and miscellaneous plastic products. Also added are coal preparation plants, excluding mining exposures.
Ed Duffy, vice president and head of MGME’s Onshore Energy Property Division, said the expansion is expected to “satisfy the needs of our producers who specialize in small-to-medium-sized energy risks.”
Markel Global Marine & Energy Inc. is a member of the Markel Corporation group of companies. Established in November 2006, MGME handles onshore property, builder’s risk and time element coverage on petroleum, gas, petrochemical, high hazard chemical and power generation.
Source: MGME, www.markelcorp.com
Topics Property
Was this article valuable?
Here are more articles you may enjoy.
CRC Group Signs Agreement to Acquire Euclid Transactional 
Private Equity Firms Expected to Unleash Middle-Market M&A Deals, Survey Says 
Relief But Questions on Agents’ Duties to Insureds After Florida Court Ruling 
Litigation Funding, Other New Laws in SE States Could Impact Liability Insurance 
