Commercial Saltwater Disposal (SWD) operations open for third party disposal are quickly becoming the new taboo for insurance carriers. With an exceeding number of studies and articles scientifically correlating seismic events to specific injection times, many carriers are scrambling to protect themselves and limit their exposure. Suffice it to say, not all insurance carriers are equal, and not all coverage terms the same.
While most oil and gas-specific insurance carriers will extend coverage for first party use SWD wells, comprehensive coverage is becoming exceedingly difficult to obtain for third party disposal operations. When looking for insurance coverage for SWD operations, it is crucial to have a professional on your side who understands how to appropriately explain and represent your organization to insurance carriers, as well as navigate the ever-changing SWD insurance marketplace. The risks faced by SWD operations are complex, but providing an accurate representation of the safety measures, training procedures, and other processes in place can allow us to de-risk your operation with underwriters.
The AssuredPartners Energy team is deeply engrained within the oil and gas insurance sector, and our team provides coverage options for commercial disposal companies throughout the country. Let us assist you in evaluating your inherent risk tolerance, and work in partnership to create the insurance program best suited for your specific needs. Contact our Energy team to get started.