Powering Possibilities with Unending Energy

Our Energy, Resources, and Renewables practice group brings together a wealth of expertise with 50 years of combined experience. We are dedicated to navigating the complexities of the energy sector, ensuring that our clients are well-equipped to harness opportunities and mitigate risks.

From traditional energy sources to cutting-edge renewable technologies, our team is at the forefront of industry advancements. We provide comprehensive insurance solutions tailored to the unique challenges of the energy sector, enabling our clients to innovate and grow with confidence. Whether you’re involved in oil, gas, solar, wind, or any other energy field, our expert team is here to support your journey towards a sustainable and secure energy future.

Leading our Energy Practice

We pride ourselves on maintaining direct and open communication with our clients, staying engaged with their business and ensuring that they are involved and informed throughout every step of the insurance and risk review process.

Bjorn Ostlund
Senior Vice President, National Practice Leader
Energy, Resources, and Renewables

Canadian Oil & Gas

Canada’s oil and gas industry is a cornerstone of the national economy, driving innovation and providing essential energy resources. At Axis Insurance, we offer specialized coverage designed to address the unique challenges faced by oil and gas enterprises. Our comprehensive solutions help protect your operations, from exploration and production to distribution and refining.

Exploration & Production

Tailored insurance for drilling, seismic surveys, and extraction activities.

Pipeline Protection

Comprehensive coverage for pipeline integrity and transportation risks.

Refinery & Processing

Protection against environmental damage and regulatory compliance issues.

Environmental Liability

Ensuring the safety and well-being of your employees in hazardous environments.

    Renewables

    At Axis Insurance, we understand the unique challenges and opportunities within the renewable energy sector. Our expertise spans across hydro, wind, solar, and bioenergy, providing tailored coverage that safeguards your projects from conception to completion. Whether you’re managing the complexities of a hydroelectric dam or navigating the evolving landscape of solar farms, we offer comprehensive solutions designed to mitigate risk and support sustainable growth.

    Our commitment to the renewable energy industry is unwavering. We partner with you to ensure your investments are protected against unforeseen events, allowing you to focus on innovation and expansion.

      Energy Storage & Transportation

      Energy storage and transportation are pivotal in ensuring a stable and efficient energy supply. At Axis, we provide specialized coverage for the entire supply chain, from advanced battery systems to critical powerlines. Our solutions address the unique risks associated with storing and transporting energy, safeguarding your infrastructure and operations against potential disruptions.

      With our in-depth industry knowledge, we support your efforts to enhance energy reliability and efficiency. We understand the complexities of modern energy logistics and offer insurance products that adapt to the evolving landscape. Partner with Axis Insurance to secure your energy assets and ensure uninterrupted delivery, empowering you to meet the demands of a dynamic energy market.

        Essential Coverage

        Tailored insurance solutions safeguarding every aspect of your energy related operations.

        Commercial General Liability Insurance

        General Liability Insurance is a cornerstone of protection for energy businesses, covering incidents that result in bodily injury or property damage to third parties. This coverage is crucial for mitigating the high-risk nature of sites where accidents can easily occur. It also handles legal fees and settlements, which can be substantial in the event of lawsuits.

        This insurance not only safeguards the company against financial losses but also enhances its reputation by demonstrating a commitment to third-party safety. Whether a visitor is injured on-site or property is damaged due to construction activities, general liability insurance ensures that the business can continue operations without the burden of unexpected liabilities.

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        Workers Compensation Insurance

        Workers’ Compensation Insurance is mandatory in Canada and provides coverage for employees who are injured or fall ill due to their work. This insurance is crucial in the energy and resources industries, known for its high risk of workplace accidents. It covers medical expenses, rehabilitation costs, and lost wages while helping employers fulfill their legal obligations.

        In Canada, each province and territory has its own Workers’ Compensation Board (WCB), which administers a no-fault system where workers give up their right to sue their employers in exchange for compensation benefits. This system helps streamline the process and ensure that injured workers receive immediate assistance.

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        Environmental Liability Insurance

        Environmental Liability Insurance is essential for energy firms to manage the risks of environmental damage, such as pollution and contamination. These incidents can occur unexpectedly and lead to significant remediation costs. This insurance provides coverage for cleaning up pollutants and handling third-party claims for environmental damage.

        The policy is particularly relevant for projects that involve land development or large-scale refineries, where the potential for significant environmental impact is higher. It helps firms comply with environmental regulations and avoid hefty fines and penalties associated with non-compliance.

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        Commercial Automobile Insurance

        Commercial Auto Insurance covers vehicles and mobile equipment used in all aspects of your business, essential for protecting against damages from road accidents or collisions in Canada or the US. Given the harsh weather conditions and extensive road use in many Canadian regions, this insurance is crucial for fleets and company vehicles. It covers vehicle repairs and medical costs for injuries, ensuring that operations can continue smoothly despite accidents.

        This coverage also includes liability insurance, which is vital if a company vehicle causes damage to third parties. For energy businesses with a fleet of vehicles ranging from trucks to haulers, having comprehensive commercial auto insurance is fundamental to managing fleet-related risks effectively.

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        Our Energy Team