Energy Program
Albertville

Protect your operations by leveraging Leavitt Group insurance programs created for the energy industry, from oil and gas extraction to c-stores. Our goal is to provide superior insurance consultation, procurement, and risk management for the energy industry.

Downstream Oil & Gas - Risk Management for Petroleum Marketers & Distributors

We target the key risk factors associated with convenience stores and petroleum related operations. The safety of your employees and customers is a critical part of our risk management strategy. In addition, we create insurance packages that bring together specific protection for your store locations—from liquor liability to food spoilage to broad property coverage.

Services

• Focus on Petroleum

  Our experienced team is passionately entrenched in the unique and complex insurance needs of the petroleum distributor.

• Accountability of Services

  We provide clients with a real time stewardship tool to ensure we deliver on our promises. This service includes a 24/7 online tracking portal.

• Custom & Proprietary Safety Program

  Our safety program is based on employee behavior, safety, wellness, and includes training, coaching, guides, calendars, and observation tools.

• Industry Benchmarking

  Leavitt Group is committed to providing clients with industry benchmarks. This gives key insights into underwriting, marketing, and purchasing of insurance.

C-Store Safety Program

Just as your c-store insurance program contains coverages unique to your operations, so must your safety program. We have a customized, proven approach to improve your safety culture. This structured program includes access to safety workshops, safety calendars, lesson plans, and behavior-based safety coaching. Starting with support from your company's top leadership, you can change your safety culture. The result is reduced claims, lower premiums, and great employees. We welcome the opportunity to work with your c-store location or chain to make a difference through our effective risk management strategies and safety program.

About the "Energi" Program

Energy companies developed this insurance program specifically for the energy industry. The program's proven success stems from superior risk selection, comprehensive safety and loss prevention, and aggressive claims management. The program is underwritten by Rated "A" carriers and utilizes a pool of best practice operators, providing customized risk management solutions for this industry segment.

Petroleum-related claims are unique and require a focused response. With the Energi program, petroleum claims are handled by dedicated claims professionals. Clients have peace of mind knowing that their claim is being handled by a professional who has the training and experience to adjust claims.

Midstream Oil & Gas

We provide our clients with midstream oil and gas operations with a range of services and risk management strategies, such as:

• Online Service Tracking Portal
• Pollution Policy Audits
• Pollution Exposure Assessment
• Exclusive Excess Arrangements
• Custom and Proprietary Safety Program
• Behavior-Based Safety Training
• Wellness Feasibility, including ROI Assessment
• Dedicated Workers Compensation Claim Mitigation
• In-house Loss Control
• Industry Benchmarking

Upstream Oil & Gas

Through years of experience we are able to provide our clients with personalized risk management solutions for all areas of the oil and gas industry, including:

• Roustabout
• Excavation
• Drilling
• Pumping
• Fishing Tool Rental
• Welding
• Consulting
• Operators
• Control of Well
• Work Over Rigs
• Snubbing
• Fluid Haulers
• Wireline & Perforating Operations

Risk Control Resources

Your risk management program should do more than provide insurance — it should offer strategies and resource to mitigate your risks. Our resources include:

• In-House Certified Industrial Hygienist
• OSHA 10 Hour Training
• H2S Training & Refresher
• ISNetworld Assistance and Compliance
• Thorough review of MSA's, Safety Procedures, and Employee Handbooks
• Safety Program
• Early Return To Work Programs
• Certified Safety Professional
• Hands on site and facility risk review
• MSA & Regulatory Compliance assistance

Frequently Asked Questions

• How can regulatory changes impact oil and gas insurance coverage?

  Stricter environmental and safety regulations can necessitate additional coverages or adjustments in risk management, influencing insurance costs and coverage needs.

• What are some common exclusions in oil and gas insurance policies?

  Exclusions may include damages due to intentional acts, wear and tear, and risks related to war or nuclear hazards.

• What is the process for filing an insurance claim in the oil and gas industry?

  The claims process generally includes notifying the provider, documenting the incident, undergoing assessment, and either receiving compensation or a denial with an explanation.

• How can oil and gas companies reduce their insurance costs?

  Companies can lower costs through effective risk management, such as implementing safety protocols, regular equipment maintenance, and thorough employee training.

• What factors influence insurance premiums in the oil and gas sector?

  Premiums are affected by the size and scale of operations, nature of activities (e.g., offshore drilling), and a company’s safety record and risk management practices.

• How does the location of oil and gas operations affect insurance needs?

  The location, such as offshore or politically unstable regions, can increase the risk, impacting coverage requirements and premiums due to factors like natural disaster susceptibility and population proximity.

• What types of insurance are essential for oil and gas operations?

  Key insurance coverages for oil and gas businesses include property insurance, liability insurance, business interruption insurance, environmental insurance, oil well insurance, and machinery breakdown insurance.