Natural Resources & Construction

Allianz is committed to best serve its valued partners and clients in this area by offering capability of building customized solutions from initial construction through to the operational phase. Our underwriting team will work with you to customize a program to meet the individual needs. As industrial specialists, Allianz Commercial has a long-standing tradition of supporting the natural resources & construction industries in North America.

We combine:
‍Many years of technical experience
Market-leading financial strength
The ability to cover the largest and most challenging projects

Appetite

Documents

Content

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At a Glance

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Natural Resources & Construction Brochure

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Why Allianz Commercial

At Allianz we recognize and understand the unique challenges you and your business face. And as a leading global corporate insurance carrier, we have the network and expertise to help. Find out why we’re best placed to help with Energy & Construction insurance solutions.

Market Leading Capacity

Up to $25M each incident / $50M aggregate to handle the largest risks

Environmental underwriting expertise

Our underwriting teams are specialists and highly experienced in handling environmental exposures. You and your clients work with local decision makers who are focused on building long-term relationships based on open and ongoing dialogue.

Expert risk consulting

Combining industry knowledge with years of experience, our risk consultants understand our customers’ business first hand and how to address and mitigate against
the unique environmental exposures they can face.

The world’s largest property & casualty insurer with a network in over 200 countries and territories

Clients have access to professionals who know the local territory, culture, language and regulations around the globe.

Strongest financial rating of the leading global property and casualty insurers

With consistently strong solvency ratios and prudent investment strategies, clients and brokers rely on Allianz for long term sustainable strength.

Products

Energy

With dedicated energy insurance teams serving the onshore oil and gas industry, Allianz Commercial can provide flexible and tailored solutions to the most demanding energy insurance challenges.

Power & Utilities

One of today’s major challenges is reliable energy provision for private and commercial use. Demand is growing, and as insurers, we play our part in helping meet this demand with a specialist team focused on power and utility risks.

Oil & Gas Construction

Allianz Commercial offers specialty services for the construction phase of projects through expert teams.

Multiple cranes lifting objects on a construction site

Building & Construction

Allianz Commercial offers contractors all risks (CAR) insurance for building and construction projects. Car provides comprehensive protection against physical damage – technical or other – from construction site activities, and extends financial security for owners and contractors.

Heavy Civils

The heavy civils sector includes large infrastructure projects, such as roads, highways, tunnels and bridges – a specialist construction sector requiring long-term partnerships and regional expertise.

Heavy Industries

Allianz Commercial has extensive experience, technical expertise and the capacity to lead complex Heavy Industry.

Construction programs, we cover;

Erection All Risks (EAR) and Delay in Start Up (DSU) policies.
Operational facilities through our all risks operational policies, including business interruption coverage

Mining

The mining segment continues to play a critical role in the manufacturing chain as it focus on the extraction and primary processing the ores containing the base elements (feedstock) used by multiple industries.

Insights

From Risk to Resolution

Read our Natural Resource & Construction success stories to learn how our Allianz Risk Consulting (ARC) team helped clients optimize business outcomes before, during, and after a loss.

An ounce of prevention is worth a pound of cure

A major gas production company is constructing a facility in North America at a location exposed to severe storm surge and hurricane force winds.

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The top business risks in 2024

The Allianz Risk Barometer ranks the most important risks businesses face for the coming year. Click below to access resources that assess emerging risks across countries, industries and sectors, providing businesses and professionals with insights to anticipate and manage potential challenges.

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