Nothing jeopardizes your company’s oil and natural gas exploration and production like a catastrophic event on a drilling or workover rig or platform. Underinsure and your company could suffer expenses many times over the cost of having the right coverage. MODCO is your best strategy if and when disaster strikes and will have you covered during an accident before, during, and especially after; when you need us most.

Rig accidents, unfortunately, are not rare occurrences and your agreements and contracts with other energy companies can leave you exposed when you need protection the most. We can provide coverage for direct physical loss to:

• Onshore Drilling Rigs
• Workover Rigs
• Offshore Drilling Rigs
• Offshore Platforms