• Coverage encompasses land rigs and miscellaneous property used in the exploration and development of hydrocarbons. Examples include contractor’s equipment, scientific and sampling instruments, diving equipment and remotely operated vehicles
• Coverage may be written on Oil Rig forms and/or acceptable London forms 
• Oil Rig can structure “package” programs, including multiple offshore coverage, to fit individual needs and insurance requirements.

Additional coverage, available by endorsement, expand coverage to include:

• Redrilling expense
• Seepage and pollution
• Underground blowout
• Coverage for property of others in the insured’s care, custody and control
• Evacuation expenses
• Removal of wreck and making wells safe 

Coverage is written on a limit of liability basis with a combined single limit for each occurrence including extension endorsements to the basic Control of Well coverage

Covers Mobile Offshore Drilling Units (MODUs) such as:

• Jack-ups
• Semi-submersibles
• Drill ships 

Coverage is typically written on the London Standard Drilling Barge form (LSDBF) or the Institute Time Clauses Hull/American Institute Hull form with amendments

• Fixed offshore drilling, production and accommodation facilities 
• Pipelines
• Subsea equipment
• Offshore loading buoys 

The Platform Form which is similar to the London Standard Form, is typically used.

• Written in conjunction with our Offshore Physical Damage coverage