The energy industry has seen tremendous growth in the past several years and continues to present new opportunities for insurance agents to write new accounts. The expertise and technology in the energy field have allowed us to efficiently find and obtain valuable oil and gas resources, but what happens to them when traveling between the production source and the refinery? Midstream business activities include the processing, storing, transporting, and marketing of oil and gas. Contractors and facilities involved in this stage of the process play a crucial role in properly handling these resources and getting them to the point of sale. Many are in need of environmental insurance and rely on their agents to help them access quality coverage from top carriers who understand the evolving energy industry. Target risks who are part of the midstream sector include:
– Pipeline development and maintenance
– Transportation – trucking, barge, and rail
– Compressor stations/pump stations
– Logistics companies
– Gathering and processing companies
– Storage facilities
Take this opportunity to contact your midstream insureds, or give us a call to discuss potential new opportunities. For more information on midstream business and energy-related coverages, please contact us.