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Natural Resources Insurance

The Natural Resources industry is adapting to evolving demands and sustainability goals – playing a vital role in the global economy and environmental stewardship.

The coming years will bring a profound transformation for our clients and we continue to be ready to support them on their respective journeys towards sustainability.

Our clients span the breadth of the industry and whether it is upstream, offshore wind, downstream energy, mining, conventional power or renewables, Allianz Commercial has an established track record of leadership in these spaces with capacity, technical expertise and financial strength.

The availability of products and services featured on this page may vary by country or territory. Visit your country's page.

Explore the Natural Resources Insurance coverage offered by Allianz Commercial


The energy sector is evolving rapidly, driven by new energy sources, technological advancements, and the growing need for sustainable solutions in response to climate change. At Allianz Commercial, we provide comprehensive energy insurance products and services tailored to support businesses across upstream, downstream, offshore, and onshore renewables industries.

Whether you operate in conventional power generation or are investing in the future of sustainable energy, our expert solutions help mitigate risks and protect your operations. From large-scale infrastructure to innovative renewable projects, Allianz Commercial delivers the expertise and security you need to power progress with confidence.

Coverage

  • Operational all risk physical damage and business interruption
  • Contractors All Risks (CAR) and Erection All Risks (EAR) including Third Party Liabilities (TPL) and advanced loss of profits / delay in start-up
  • Offshore including third party liability
  • Machinery breakdown including loss of profits

When assessing risks we consider

  • The inherent exposure of the occupancy
  • Natural catastrophe exposure
  • Sustainability approach
  • Maturity of technology
Allianz Commercial will consider every risk on its own merit. Capacity and coverage offered to individual clients are subject to hazard, Nat Cat exposure, grading, terms and conditions. The products and services described on this page may not be available at all Allianz Commercial locations. This is for your general information only. Please contact your local broker for full information on local product availability.
 

Meet our Natural Resources Insurance experts

Anthony Vassallo
Global Head of Natural Resources
Email
Adam Reed
Global Product Lead Offshore
Email
Ahad Khalid
Global Product Leader - 
Power 
Email
Steffen Halscheidt
Global Product Lead
Oil & Gas
Email
Ronan Gallagher
Global Product Lead
Mining
Email
Find local contacts in your country
Discover the Allianz Risk Barometer

Top 3 business risks in 2025 in Renewable energy

Annual research on major business risks

1. Business interruption (62%) - 2024 rank: 1 (63%)

2. Natural catastrophes (48%) - 2024 rank: 2 (30%)

3. Fire, explosion  (38%) - 2024 rank: 4 (23%)

Discover the Allianz Risk Barometer

All the latest news, reports and hot topics

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Image of a car at the charging station

Magazine

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Image of a car charging plug

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Read the full press release

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Hydrogen: opportunities, uses and risks

Hydrogen will play a crucial role in driving the green transition with demand expected to surge in the coming decades.

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Read the Hydrogen: opportunities, uses and risks in the energy transition report
Read the Hydrogen: opportunities, uses and risks in the energy transition report

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Hydrogen: opportunities, uses and risks in the energy transition

Innovative technologies are paving the way for green hydrogen to provide much needed solutions, especially for renewables, hard to abate industries and transport.

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Climate Adaptation & Resilience Services (CAReS)

Allianz Commercial launched its Climate Adaptation & Resilience Services (CAReS). The data-driven platform has been developed together with Allianz clients and allows them to directly identify potential high-risk areas.

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North America | Press release

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Allianz Commercial announced the expansion of its U.S. Construction team with the addition of five industry professionals.

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Image of a windmill farm

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Image of solar panels

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Claims activity in the age of greening

The Net Zero transition and innovation are also leading to big changes in the frequency, severity, and type of energy and construction claims handled by insurers.

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Abstract image of plants growing in the stock market

Expert risk article

The growth of the carbon markets

How do the carbon markets work and what can they bring to a company’s sustainability strategy?

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Close up image of a firefighter

Allianz Risk Barometer 2025 | Expert risk article

Risk in focus: Fire, explosion

Few things can be more destructive than a fire. Not only can one cause costly damage, but it can also interrupt a firm’s operations indefinitely.

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Global | Press release

Allianz Risk Barometer 2025

Companies identify cyber-attacks, especially data breaches, as their top business concern for the year ahead.

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Read Allianz Risk Barometer 2025
Read Allianz Risk Barometer 2025

Report

Allianz Risk Barometer 2025

The most important corporate concerns, as ranked by 3,700+ risk management experts from more than 100 countries and territories.

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Image of a tropical storm

Article

2024 North Atlantic hurricane season

This storm season highlighted how climate changes are reshaping risk, loss forecasts, and preparedness.

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Why choose Allianz Commercial as
your partner?


At Allianz Commercial, we're a global powerhouse, that brings together the best for our customers — from mid-sized businesses to the largest multinationals
We have a tradition of 100+ years of technical expertise
 
Our engineers provide a wide range of dedicated risk consulting services
We have one of the strongest claims teams of any global insurer
We cover more than 21,000 local policies worldwide
 

Key benefits for our brokers and clients 

  • Global consistency, local expertise: Access to top regional experts for a consistent, high-quality experience worldwide.
  • Speed and clarity: Streamlined communication and rapid go-to-market for faster results.
  • Direct, empowered access: Work with coordinated teams for seamless sales, account management and underwriting.
  • Comprehensive risk solutions: Market-leading options for traditional and alternative risks with a consistent global approach.
  • Specialized expertise for complex risks: Global hubs support specialty and wholesale needs, including large, complex risks.
  •  Solutions for every size: From mid-market to multinational, we cover the entire market.