Insurance people who service the energy sector have two things going for them: Energy is an essential product, and the sector is ripe for innovation. Insurance people who service the energy sector have two things going for them: Energy is an essential product, and the sector is ripe for innovation. (iStock)

Seasoned insurance pros often advise newcomers to the industry to specialize in a specific type of coverage in order to create lasting value for current and future insureds.

There are few areas in which that need for specialization is more paramount than the energy sector, where operators of both traditional- and alternative-source facilities run complex businesses with distinct risks that require creative, multi-faceted insurance solutions.

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Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].

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