Offshore contractors insurance

Specialist cover for energy, oil and gas engineering contractors working offshore from £5 a month*

  • Fast, easy online quote in 90 seconds

  • Interest free direct debit

  • Instant proof of cover document

Our specialist cover for engineering contractors offers expert insurance for onshore and offshore workers in the energy, oil and gas industries.

What is offshore contractor insurance?

Offshore contractor insurance is a suite of insurance products that protect energy contractors from the risks they face daily if you work on offshore oil and gas installations, at power stations, chemical works, oil refineries, nuclear plants, wind-farms or in other energy professions.

The primary cover offered is professional indemnity insurance, but we also offer public and product liability insurance; occupational personal accident cover; business equipment cover; cyber and data risks insurance, and legal expenses insurance.

Get a quote now

Why do offshore contractors need insurance?

Insurance requirements for offshore energy contractors differ from many mainstream industries due to the extreme risk situations of the sector.

Our suite of insurance products offer comprehensive cover specific to the energy sector to cover you for alleged negligence claims, design errors, breaches of contract, accidents and sickness, accidental damage to property, portable electronic equipment, loss of data and cyber risks, and many more.

The oil and gas industry has unique working practices, rules and regulations, therefore it’s important you seek an experienced insurer when you consider purchasing your cover.

How do I arrange offshore contractor insurance

Buying your insurance online is fast and easy - our easy quote form allows you to select only the cover you want and not have to pay for extras you don't need. You'll receive an instant proof of cover document to prove to clients and agencies you have the correct cover in place to secure a contract.

Get an online quote in just 90 seconds now!

*From £5 a month is based on an offshore contractor requiring £1 million of public liability (including products liability) insurance only.

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Cover starting at £5 a month

Insurance covers for oil, gas and energy contractors

  • Professional indemnity insurance

    Professional indemnity insurance for engineers covers the cost of defending your business against allegations of professional negligence (such as giving your client incorrect or wrongful advice) and, if unsuccessful, the cost of damages awarded against you.

    Examples of claims include:

    • You are contracted to provide a number of 3D designs for a client. You use incorrect measurements in your designs, which results in significant delays to your client's project. Your client takes legal action against you to recover their losses.


    PI insurance is usually a mandatory requirement for contract engineers requested by either the recruitment agency or directly by the client. We offer cover for a wide range of limits ranging from £100k to £5m.

  • Public and product liability insurance

    Public and product liability insurance covers the cost of defending your business (including damages awarded against you if unsuccessful) if someone is injured, or their property damaged, which arises from you going about your business or supplying products.
    If you visit client premises or sites as part of your business’ activities, it’s likely you’ll need this insurance cover. Like professional indemnity insurance, it’s usually a pre-requisite for recruitment agencies and/or clients. Limits range from £1m to £5m.

  • Legal expenses insurance

    Legal expenses insurance pays your legal costs and expenses for contract disputes, tax enquiries (including IR35), attending jury service, debt recovery, personal injury, as well as any award you are required to pay following an employment dispute with an employee. There is a limit of £100,000.

    If a client takes legal action against you because of an error you have made, this cover can prevent you from needing to use your own finances to cover legal expenses.

  • Directors and officers insurance

    Directors and officers insurance covers the costs of defending you as a director or officer of your company against allegations of wrongful acts, and of any damages subsequently awarded against you.
    Cover is also provided in respect of the legal costs and expenses of defending actions for disqualification as a director, investigations and extradition proceedings. Limits range from £100k to £5m.

  • Office insurance

    Office insurance covers your office buildings, office contents and computer equipment against accidental damage (including theft) whilst on your business premises. You can also choose to cover your business equipment (such as laptops and mobile phones) on a worldwide basis, and insure your business against loss of income and/or additional trading expenses following events such as damage to your property.

  • Occupational personal accident insurance

    Occupational personal accident insurance provides a weekly payment if you are unable to work due to temporary total disablement (subject to a 14 day deferment period).

    It pays a lump sum in the event of:

    -       Loss of limbs

    -       Loss of sight

    -       Loss of speech

    -       Loss of hearing

    -       Permanent disablement

    -       Death

    This cover could help you maintain an income if you are unable to work following an accident while working on an engineering contract, and would struggle to maintain a steady income while off work.

  • Cyber and data risks insurance

    Cyber and data risks insurance pays the costs of restoring data and equipment, informing clients, meeting ransom demands and loss of your net profit following a cyber attack. It also pays your legal defence costs and damages you are legally liable to pay to other parties. If you hold confidential information about your clients' projects (including designs, schedules and other sensitive data) on computers and other internet connected devices, you should give consideration to this cover.

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Frequently asked questions

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Cover starting at £5 a month

Frequently asked questions

  • I need to arrange insurance to start work - do you provide proof of cover?

    Yes. We provide a dedicated 'Confirmation of Liability Insurance' document (detailing the cover you have with us) as part of the documents that are emailed to you if you purchase your policy with us. You can present this document to agencies and clients as proof that you are insured.

  • I undertake work offshore - does the policy cover this?

    We offer cover for a wide range of professions working offshore. Get an online quote now or call us on 0800 640 6600 if you'd prefer to speak to someone.

  • Am I covered if I work abroad?

    In most cases, we can insure you if you do a proportion of your work abroad. Our quick and simple quote form will ask what percentage of your income comes from overseas and we can tell you instantly whether we can cover you or not. Alternatively, call us on 0800 640 6600 to speak to one of our contractor insurance experts.

  • What's the difference between professional indemnity and public liability?

    Professional indemnity insurance covers against allegations of professional negligence - which means it would cover you if you were to make an error or mistake in a piece of work (such as a project or report) for a client.

    Public liability insurance covers against allegations of injury or illness caused to third parties by your negligence. This includes many of the slips, trips and falls that are associated with personal injury claims. In addition, public liability insurance covers against damage to third party property - for example, if you were to damage a client-owned laptop or smartphone.

    As they insure against different scenarios, it's important you consider arranging both types of cover to ensure you are properly protected.

  • What limit of cover should I choose?

    Many clients and industry bodies with regulatory requirements will require you to have a minimum level of cover for you to undertake a contract, so it's worth checking this before you arrange cover. If you're unsure, give some thought to a worst-case scenario and the likely costs involved in putting your mistake right. We offer a range of limits on insurance, so you're sure to find the right cover for your business.

  • Why should I choose Markel’s insurance?

    Markel has over 25 years of experience insuring contractors, consultants and self-employed professionals. We insure over 200,000 micro businesses and are highly rated by our customers at Feefo.com.

    We are a division of Markel International, a Lloyd’s and London market insurer that wrote gross premium totals of £13.2bn in 2022

    To talk about your insurance requirements and better understand our cover, call us on 0800 640 6600 or get a quick quote online.

  • Do you offer Employers' Liability Insurance for offshore workers?

    We do not currently offer employers' liability insurance for those undertaking work offshore.

  • How are Markel Direct regulated?

    Markel International Insurance Company Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Find out more on the Financial Services Register.

Access exclusive services for your business when you insure with Markel

As an expert in insurance for engineering contractors, our customers benefit from exclusive access to unique services designed to make your life easier (included as standard with certain sections of cover).

24 hour legal helpline  24 hour legal advice helpline

When you insure with Markel, you'll benefit from 24/7 telephone access to a qualified solicitor at no additional cost. Expert legal advice can be costly when you're working for yourself and it's difficult to know who to turn to for a trustworthy answer. Whether it's a question on health and safety, employment law, legal structures for your business or how to handle a difficult client, an experienced team of solicitors are on hand day and night to help you with any business-related legal queries. Included as standard with all policies.

Legal hub access Markel Business Hub access

In addition to our 24 hour legal helpline, you'll have access to the Markel Business Hub - an award winning online resource of legal and business guides, templates and content written and created by our team of expert solicitors. Instantly download ready-made contracts, policies, procedures and guidance you can use for your business - without paying any expensive legal fees. Included as standard with all policies.

  Fee dispute service

As every contractor, consultant or self-employed professional knows, customers don't always pay on time and chasing fees/invoices costs time and money. Mindful of the impact this has on your business, we offer our policyholders access to a unique fee dispute helpline operated by one of the UK's leading law firms, who will provide specialist legal guidance and support on fee dispute issues. Included as standard with professional indemnity insurance.

  Discounted IR35 contract reviews

Falling within IR35 legislation - which determines that an individual is avoiding tax by using a limited company to disguise employment - is a huge concern for engineering contractors and consultants, with the fees and penalties due to HMRC eye-wateringly high. Our policyholders receive an exclusive discount on IR35 contract reviews from Markel Tax (a Markel company), who have over 20 years experience advising individuals and businesses on their tax status. As part of the service, Markel Tax will review your contract, along with your working practices, to determine whether or not you are operating outside of IR35, and you'll receive a written report with suggested contract amendments where appropriate. Policyholders can access this service by calling 0345 223 2727 or emailing contractreviews@markel.com, quoting 'MKLD' and your policy number.

  Public relations crisis management service

In today's 24 hour news culture, public relations disasters can occur at any time. Having to deal with the press whilst managing a difficult situation can be hugely stressful as well as being a potential minefield. When there is a risk to your business as a result of negative press attention, our specialist public relations crisis management firm, The Counsel House, will work with you to help manage allegations of fraud, injury caused to employees or the public, and official investigations into your company's affairs. Included as standard with professional indemnity insurance, directors and officers insurance, cyber and data risks insurance and legal representation and employment disputes insurance.

Cover starting at £5 a month

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