Oil & Gas clients usually purchase Energy Package Insurance Policy that provides comprehensive coverage for their activities on site.
Very sensitive sector in terms of risk as this is involving digging wells, oil exploration and production which is mainly undertaken by major oilfield operators in partnership with government of Iraq.
In addition to oilfield contractors and subcontractors providing service to main operators on site.
We will go through these coverages in detail due to the importance of this type of insurance in Iraq.