All about General Insurance, property, marine cargo, fire, motor vehicle, engineering, heavy equipment, Liability, Contractors Plant Machinery, Personal Accident....
We offers coverage to national and multinational companies for public and
private infrastructure projects. We focus on providing protection to support project finance solutions. Product Details
Capacity
– Up to USD 100 million on a maximum foreseeable loss basis
– Additional capacity may be available Coverage
CAR/EAR
– Delay in start-up
– Third-party liability for onsite activities (except US, Canada, Australia and New Zealand)
– Substantial global wind, flood and earthquake capacity
– Turnover coverages available to certain clients with construction/erection exposures
– Special package policies ranging from marine cargo to construction/erection phases, which can include the first 12 months operational risk Client Profiles
– Companies with sums insured starting at USD 100 million
– Companies with sound risk management programs in place or being implemented
Typical Information Required
Policy terms/coverages required
– Project description
– Limits of coverage needed
– Project time schedules
– Site/engineering plans
– Project value breakdown
– Additional information as needed Benefits & Services
– Global network
– Ability to issue locally admitted policies
– Knowledge of local rules and regulations
– Global claims network
– Prompt and equitable claims handling
– Effective solutions for the most complicated claim issues
– Association/partnership with leading industry field experts
– Ability to work with approved third-party claims adjusters
– Risk control and loss prevention services
Attachment Point
It offers a flexible and customized approach for the most demanding energy insurance challenges across onshore and offshore oil and gas industries.
Specialist risks need both specialist expertise and specialist resources. For offshore and onshore energy insurance, this means not just highly qualified lead underwriters, but also an integrated risk consulting and claims approach, and - of course - a long term commitment to our clients.
Supported by one of the most experienced claims and risk consulting teams in the energy insurance business, we pride ourselves on our fast decision making and flexible approach to our client's challenges.
The clients cover the full spectrum of the energy insurance industry, including upstream, midstream and downstream operations and assets
Having operated for the past 30 plus years and servicing clientele on a statewide, national, and international basis, gives us a comprehensive understanding of the Oil & Gas and Energy sectors of private business. We have markets that have tailored products designed for the oil & gas industry. It. has access to markets nationwide enabling our team to secure coverage options for various types of risks including oil & gas drilling, production , refining, servicing contractors , manufacturers that specialize in energy related products, distribution, trucking etc. The markets have the capacity to provide the entire range of insurance coverages including primary:
General Liability,
Property, Workers’
Compensation,
Business Automobile,
Control of Well, Group Medical,
Excess Liability,
Equipment,
Marine, and many other coverages.
Some of the classes of business service in the energy sector:
Asuransi Gempa Bumi, Letusan Gunung Berapi dan Tsunami
Seperti namanya Polis ini menjamin kerusakan atau kerugian yang disebabkan oleh Gempa Bumi, Letusan Gunung Berapi dan Tsunami serta Kebakaran dan ledakan setelah terjadinya Gempa Bumi.
1. Gempa Bumi, diartikan sebagai goncangan atau getaran bumi akibat gejala geologi seperti pergerakan tektonik dan letusan gunung berapi.
2. Kebakaran dan peledakan setelah terjadinya gempa bumi, diartikan sebagai kebakaran dan peledakan yang diakibatkan langsung oleh gempa bumi.
3. Letusan Gunung Berapi, diartikan sebagai keluarnya larutan atau batu panas atau uap, gas atau cairan dari lubang atau lubang-lubang ditanah.
4. Tsunami, diartikan sebagai gelombang besar akibat pergeseran tanah dibawah laut seperti penyusupan lempengan kerak bumi atau oleh letusan gunung berapi.
Klausul 72 Jam
Peristiwa Gempa Bumi, Letusan Gunung Berapi dan Tsunami yang terjadi dalam rangkaian waktu 72 jam untuk keperluan polis ini dianggap sebagai satu kejadian sehingga tetap dalam jaminan polis dan berlaku satu kali potongan klaim (deductible)
Potongan Klaim (Deductible)
Mengingat kerusakan atau kerugian yang ditimbulkan oleh peristiwa Gempa Bumi, Letusan Gunung Berapi dan Tsunami adalah bersifat katastropik yang sangat besar, maka adalah wajar jika Tertanggung harus memikul bagian risiko sendiri yang cukup besar pula yaitu ditetapkan 2.5% dari Total Harga Pertanggungan (TSI) yang terjadi dalam rangkaian waktu 72 jam untuk keperluan polis ini dianggap sebagai satu kejadian sehingga tetap dalam jaminan polis dan berlaku satu kali potongan klaim (deductible)
Benefit Tambahan
Benefit tambahan dari Asuransi Gempa Bumi, Letusan Gunung Berapi dan Tsunami adalah mengikuti atau sama dengan polis Asuransi Kebakaran atau Asuransi Property All Risks (PAR) nya
Premi Gempa
Pada awalnya MAIPARK atau Pool Asuransi Risiko Khusus yang menangani Asuransi Gempa Bumi, Letusan Gunung Berapi dan Tsunami menerapkan rate premi yang cukup tinggi berkisar dari 0.12% s/d 0.15% berdasarkan Earthquake Zone lokasi pertanggungan. Namun dalam perkembangannya di praktek Perusahaan Asuransi bersaing hanya pada tarip dasar Asuransi Kebakaran atau Asuransi Property All Risks nya, paling tinggi mereka hanya mengenakan tambahan premi 0.05% saja untuk tambahan risiko Gempa Bumi, Letusan Gunung Berapi dan Tsunami
Bahkan perkembangan terakhir di market sudah lazim dengan istilah “Beli PAR Gratis Earthquake” atau malah sebaliknya “Beli Earthquake Gratis PAR” yang berarti mereka hanya mengenakan tarip dasar 0.15% saja untuk paket Asuransi PAR plus Earthquake. Polis-standar-gempa-bumi-indonesia
Syarat - Syarat Polis Asuransi Kendaraan Bermotor.
Untuk mempelajari bagian ini, Anda harus mempersiapkan wording polis Bab III pasal 4 sampai dengan pasal 21.
Pasal 4
Polis/Pertanggungan hanya berlaku di wilayah Negara
republik Indonesia. Ini berarti bahwa jika kendaraan mengalami tabrakan
ketika berada di wilayah Malaysia atau Tim-Tim, maka polis tidak menjamin
kerugian tersebut.
Pasal 5
Berdasarkan pasal ini, maka premi harus dibayar lunas
sebelum jaminan polis berlaku.
Berlakunya Pertanggungan ditunda jika premi belum
dibayar setelah 10 hari sejak dimulainya pertanggungan.
Polis batal demi hokum jika lewat 90 hari premi belum belum diterima
oleh Penanggung.
Pasal 6
Pemberitahuan
kecelakaan wajib diberitahukan dalam waktu 3 x 24 jam kerjanyang bisa
dilakukan secara tertulis atau lisan yang dikuti laporan tertulis, Kerugian
yang dilakukan Pihak III harus ada laporan polisi, dan dalam hal total loss
akibat pencurian, maka harus ada surat keterangan polda setempat (biasanya
Kaditserse).
Pasal 7
Klaim TJH Pihak III
: Wajib lapor dalam 3 x 24 Jam, menyerahkan dokumen sehubungan dengan
tuntutan pihak III tersebut, Tertanggung tidak boleh memberikan janji dan
bahkan tidak membuat tindakan yang membuat kesan bahwa ia mengakui Tanggung
Gugat tersebut, menguasakan kepada Penanggung untuk mengurus tuntutan ganti
rudi pihak III tersebut.
Pasal 8
Tuntutan Pidana terhadap Tertanggung :
Jika ada tuntutan tsb sebagai akibat kerugian pihak
III, wajib lapor kepada Penanggung.
Penanggung berhak menunjuk penasihat hokum dan wajin
dipakai oleh tertanggung. Biayanya ditanggung oleh Penanggung.
Pasal 9
Ganti Rugi :
Berdasarkan harga sebenarnya sesaat sebelum terjadi
klaim setelah diperhitungkan dengan resiko sendiri dan pertanggungan
dibawah harga
Penanggung berhak memeriksa kerusakan kendaraan sebelum
diperbaiki di bengkel dan berhak menentukan bengkel.
Tertanggung berhak mengajukan ketidak-puasan atas hasil
perbaikan kendaraan.
Pasal 10
Kerugian total
adalah kerusakan yang biaya perbaikannya diperkirakan sama dengan atau lebih
dari 75% dari harga sebenarnya (market value /VAR) kendaraan bermotor
tersebut bila diperbaiki atau hilang karena dicuri dan tidak ditemukan dalam
waktu 60 hari sejak terjadinya pencurian.
Pasal 11
Pertanggungan
Rangkap/prinsip kontribusi.
Pasal 12
Pertanggungan
dibawah Harga (dijelaskan pada bagian berikut)
CLAUSES IN A MARINE POLICY (2)
A policy of marine insurance may contain several clauses. Some of the clauses are common to all marine policies while others are included to meet special requirements of the insured. Hull, cargo and freight policies have different standard clauses. There are standard clauses which are invariably used in marine insurance. Firstly, policies are constructed in general, ordinary and popular sense, and, later on, specific clauses are added to them according to terms and conditions of the contract. Some of the important clauses in a marine policy are described below:
1.Valuation Clause
. This clause states the value of the subject matter insured as agreed upon between both the parties.
2. Sue and Labour clause
. This clause authorizes the insured to take all possible steps to avert or minimize the loss or to protect the subject matter insured in case of danger. The insurer is liable to pay the expenses, if any,incurred by the insured for this purpose.
3. Waiver Clause
. This clause is an extension of the above clause. The clause states that any act of the insured or the insurer to protect, recover or preserve the subject matter of insurance shall not be taken to mean that the insured wants to forgo the compensation, nor will it mean that the insurer accepts the act as abandonment of the policy.
4.Touch and Stay Clause
. This clause requires the ship to touch and stay atsuch ports and in such order as specified in the policy. Any departure from theroute mentioned in the policy or the ordinary trade route followed will beconsidered as deviation unless such departure is essential to save the ship or the lives on board in an emergency.
5.Warehouse to warehouse clause
. This clause is inserted to cover the risks to goods from the time they are dispatched from the consignor’s warehouse until their delivery at the consignee’s warehouse at the port of destination.
6.Inchmaree Clause.
This clause covers the loss or damage caused to the ship or machinery by the negligence of the master of the ship as well as by explosives or latent defect in the machinery or the hull.
7. F.P.A. and F.A.A. Clause
. The F.P.A. (Free of Particular Average) clause relieves the insurer from particular average liability. The F.A.A. ( free of all average) clause relieves the insurer from liability arising from both particular average and general average.
8.Lost or Not Lost Clause.
Under this clause, the insurer is liable even if theship insured is found not to be lost prior to the contact of insurance, providedthe insurer had no knowledge of such loss and does not commit any fraud.This clause covers the risks between the issue of the policy and the shipmentof the goods.
9.Running down Clause.
This clause covers the risk arising out of collision between two ships. The insurer is liable to pay compensation to the owner of the damaged ship. This clause is used in hull insurance.
10.Free of Capture and Seizure Clause
. This clause relieves the insurer from the liability of making compensation for the capture and seizure of the vessel by enemy countries. The insured can insure such abnormal risks by taking an extra ‘war risks’ policy.
11.Continuation Clause
. This clause authorizes the vessel to continue and complete her voyage even if the time of the policy has expired. This clause isused in a time policy. The insured has to give prior notice for this and deposit a monthly prorate premium.
12. Barratry Clause
. This clause covers losses sustained by the ship owner or the cargo owner due to willful conduct of the master or crew of the ship.
13.Jettison Clause
. Jettison means throwing overboard a part of the ship’s cargo so as to reduce her weight or to save other goods. This clause covers the loss arising out of such throwing of goods. The owner of jettisoned goods is compensated by all interested parties.
14.At and From Clause
. This clause covers the subject matter while it is lying at the port of departure and until it reaches the port of destination. It is used in voyage policies. If the policy consists of the word ‘from’ only instead of ‘at and from’, the risk is covered only from the time of departure of the ship.
A loss arising in a marine adventure due to perils of the sea is a marine loss.Marine loss may be classified into two categories: 1) Total loss
A total loss implies that the subject matter insured is fully destroyed and istotally lost to its owner. It can be Actual total loss or Constructive total loss.
In actual total loss subject matter is completely destroyed or so damaged thatit ceases to be a thing of the kind insured. e.g. sinking of ship, complete destruction of cargo by fire, etc.In case of constructive total loss the ship or cargo insured is not completely destroyed but is so badly damaged that the cost of repair or recovery would be greater than the value of the property saved. e.g. a ship dashed against therock and is stranded in a badly damaged position. If the expenses of bringing it back and repairing it would be more than the actual value of the damaged ship, it is abandoned. 2) Partial loss
A partial loss occurs when the subject matter is partially destroyed or damaged. Partial loss can be
general average or particular average .General average refers to the sacrifice made during extreme circumstances for the safety of the ship and the cargo. This loss has to be borne by all theparties who have an interest in the marine adventure. e.g. A loss caused by throwing overboard of goods is a general average and must be shared by various parties. Particular average may be defined as a loss arising from damage accidentally caused by the perils insured against. Such a loss is borne by the underwriter who insured the object damaged. e.g. If a ship is damaged due to bad weather the loss incurred is a particular average loss.
Marine Concealed Damage Clause
It is agreed that any loss or damage discovered on opening containers, cases and/or packages shall be deemed to have occurred during the transit insured hereunder (and irrespective of attachment of Assured’s interest) and shall be paid for accordingly unless proof conclusive to the contrary be established, it being understood that any containers, cases and/or packages showing signs of damage are to be opened immediately on the cessation of risk hereunder.
This agreement shall, however, only apply where such loss or damage is discovered within 30 days of the cessation of risk hereunder.
It is further agreed that subject to prompt advice to Underwriters and the payment of an additional premium, if required, the above-mentioned period may be extended. strikes-cancellation-clause-marine
