TORONTO--(BUSINESS WIRE)--Energi of Canada today announced the launch of a new property & casualty program for Energy Construction. The new Energy Construction program offers unique risk management solutions and insurance coverage for contractors in the following segments:
Water/Sewer and Excavation Contractors Cable, TV, Telephone, and Power Line Contractors Water/Test Well and Geothermal Contractors Electrical Contractors Heating, Ventilation, and Air Conditioning (HVAC) and Plumbing Contractors Gasoline Station Service Contractors Renewable Energy Contractors Oilfield Services Contractors (Refer to Exploration & Production for eligible classes) Energy Savings Contractors
We are very excited to begin offering this coverage program in Canada, said Lilli Chiu, Vice President of Loss Prevention & Safety of Energi of Canada Ltd. This program is designed to encourage best practices, mitigate risk, and help protect companies in the energy construction industry. It has helped our clients in the U.S. tremendously, and we believe it will add great value to new and existing clients in Canada.
As in the U.S., Energis program in Canada will be offered only to companies who exhibit a commitment to loss prevention and who implement industry best practices. The program will first be offered in Ontario, and will expand to other provinces in the coming months.
Energi of Canada is a subsidiary and the international program arm of Energi, a leading provider of specialized insurance programs to more than 1,000 energy companies in the United States. This will be Energis third productive offering in Canada, joining the companies Fuel Distribution and Fuel Transportation insurance coverage. Energi of Canada also offers Alternative Energy Solutions (AES) programs that deliver protections for alternative energy and energy efficiency projects.
Our expansion into Canada has been warmly received, said Tony Passarelli, Energi of Canadas Vice President of Distribution. We hope to continue our international growth and eventually offer our full coverage line to clients throughout North America.
Energi is a Peabody, Massachusetts based Industrial Reinsurance Company that specialize in providing risk management and insurance solutions to over 1,000 energy companies the United States and Canada. Energi is one of the top ten fastest growing companies in Massachusetts. Energi, along with its dedicated claims management company, has over 250 associates in the United States with 125 associates located in the corporate headquarters. Energi has been selected by the Boston Globe, Boston Business Journal and Business Insurance as one of the Top Places to Work in 2012, 2013 and 2014. Energi has regional branch and support offices that are located in the following: Carlsbad, CA, Westport, CT, Carneys Point, NJ, Orlando, FL, Downers Grove, IL, Irving, TX, Kirkland, Washington, Washington DC, and Toronto, Canada.