Energy & Petrochemical Insurance
Solutions designed around the way you work
Refreshingly Innovative
The energy and petrochemical sector is renowned for sudden market swings and high-impact risks. Energy and Petrochemical Insurance in Thailand from Lockton Wattana Thailand transforms that volatility into opportunity by combining local insight with dedicated global market expertise. Consequently, our specialists help clients adapt to shifting underwriter appetite, regulatory updates, and evolving loss trends—often turning hard-market conditions to your advantage.
Comprehensive Services Across the Value Chain
Because every operation is different, our Energy Team tailors coverage to each phase of production, transportation, and storage. Moreover, proprietary analytics benchmark limits and reveal cost-saving loss-control measures. Our core offerings include:
Offshore
- Offshore Construction Project
- Exploration and Production (platforms, pipelines, control of well, redrilling etc.)
- Drilling Rigs
- Third Party Liability, Seepage and Pollution
- Offshore Contractors
Onshore Production
- Oil Refineries
- LNG Plants
- Upstream/ Downstream Petrochemical Plants
- Oil, gas and product pipelines
- Oil, gas and product Storage Facilities (including stock in storage and transit)
Utilities
- Power Plants (Gas Turbines, Renewable, Coal Fired etc.)
- Transmission and distribution lines
- Gas Storage Facility
Lockton
Advantage
Moreover, our regional reach and specialist hubs in London and Houston give you direct access to global underwriting capacity while preserving the local insight required for navigating Thai regulations. Because we cultivate long-standing relationships with leading domestic and international underwriters, we can maintain pricing discipline even in hard markets.
Market Relationship
Long-standing partnerships with leading international and Asian underwriters give us the capacity and flexibility to place complex risks competitively.
We Remain Competitive
We recognize and sensitive to the fact that price is a key factor in any major insurance buying decision, we work with all international markets to ensure that we meet with this requirement.
Innovation
We are not content with simply replicating the same policies for our clients but pro-actively look to refine and improve coverage from year to year. We take pride in the insurance programs we place, customizing program structures separately for each of our clients.
Service
We look to differentiate the service we provide our clients, exceeding expectations, not just meeting them. We are happy to establish service performance targets and deliver to these.
