Tailored Insurance Solutions for Complex Maritime Projects

With the increasing global demand for liquefied natural gas (LNG) and the advancements in Floating Liquefied Natural Gas (FLNG) technology, we offer specialized insurance solutions designed to address the unique challenges of these complex operations.

Builder’s Risk and Multi-Yard Coverage

We offer Builder’s Risk insurance to cover the construction of vessels and offshore facilities, protecting against damage or loss during the building phase. For projects involving multiple shipyards or locations, our policies extend to provide Multi-Yard/Location Coverage, ensuring protection across all operational sites.

Cargo and Delivery Voyage Insurance

Our Cargo Insurance safeguards valuable materials and equipment during transportation to and from shipyards.

Hull and Machinery

We offer comprehensive hull insurance to protect against physical damage to vessels, including FLNG facilities and LNG carriers, ensuring your assets are secure during construction and operational phases.

Marine Liabilities

We offer comprehensive Marine Liability Coverage, addressing third-party risks, including damage to surrounding infrastructure, pollution incidents and other liabilities unique to the marine and offshore industries.

Offshore Element Coverage

Offshore operations require specialized insurance for key infrastructure components. This can include mooring spread and hook-up coverage as well as testing and commissioning.

Operational Cover

Once vessels or facilities are in service, we provide Operational Cover to protect against the risks inherent in ongoing operations, ensuring the longevity and safety of your offshore assets.

Protection & Indemnity (P&I) Coverage

Our P&I policies provide liability protection for LNG carriers, covering risks such as pollution, crew injuries and collision-related liabilities which are critical to maintaining smooth marine operations.

Upstream, Midstream, and Downstream Coverage

We provide protection throughout the entire oil and gas life cycle, from upstream (exploration & production), midstream (gas processing and transportation) and downstream (refining and distribution).

War and Piracy Risk Insurance

Operating in high-risk areas exposes your assets to geopolitical risks. Our War Insurance, including coverage for piracy, provides financial protection in the event of political unrest, terrorist attacks, or piracy incidents, securing your vessels and crews in volatile regions.

Why Panthera

We offer specialized insurance solutions designed to address the unique challenges of these complex operations. Our expertise spans the entire life cycle of oil and gas, ensuring comprehensive coverage across energy, marine and construction sectors.

Our Experience

Our extensive experience in the shipyard and offshore industries allows us to provide specialized insurance solutions for the construction, conversion and operation of critical offshore assets such as FSOs (Floating Storage Units), FPSOs (Floating Production Storage and Offloading units) and floating rigs. These complex projects require comprehensive coverage that addresses the unique risks encountered at every stage, from construction through to operation.

FAQs

  • What does your FLNG insurance cover?

    Our coverage includes but is not limited to construction risks, operational liabilities, and cargo handling for FLNG and LNG operations.

  • Can you insure multi-yard construction projects?

    Yes, we provide policies that cover multi-yard and multi-location construction risks.

  • What does FLNG property damage coverage include?

    Our property damage insurance covers the hull, topside units such as gas processing and liquefaction modules, mooring systems, and subsea components, protecting against risks like fires, explosions, and weather-related damage.

  • What is Construction/Erection All Risks (CAR/EAR) insurance for FLNG units?

    CAR/EAR insurance protects the FLNG unit during construction, transportation, installation, and testing, covering accidental damage, weather events, contractor errors, and delays in start-up (DSU) due to covered incidents.