Energi's mission is to be the leading provider of specialized insurance and risk management solutions. We are committed to understanding our clients’ businesses, exceeding expectations, and employing our vision, innovation, expertise and teamwork to create and provide premier insurance programs.
Energi offers specialized insurance programs along with support services to reduce client’s long-term loss costs and enhance their productivity. Energi delivers these products through a regional distribution strategy supported by in-house sales professionals working in conjunction with 450+ independent brokers appointed in key markets.
Energi Insurance Services (EIS) is the leading provider of specialized insurance programs to targeted sectors in the United States & Canada. EIS insurance programs provide traditional property and casualty insurance coverage and related risk management services. Energi’s insurance products are underwritten by leading worldwide insurance companies that maintain the highest ratings, including AM Best.
EIS’ specialized insurance risk management expertise in the energy sector enabled the development of differentiated safety, loss prevention and claims management services. As of May 2016, these services are available to the broader market through eServices Inc.
eServices is a specialized platform focused on providing turnkey risk management, claims, marketing and technology solutions through its various entities. eServices’ unique and acclaimed services deliver small and middle market companies with mechanisms to manage exposures, drive down losses and reduce expenses.
eServices is comprised of four major operating areas which include:
- eClaims Management: A TPA providing both traditional and concierge claim services
- eRisk Solutions: Loss prevention and investigational solutions provider
- eTechnology Services: Technology development and services
- eMarketing Strategies: Event planning, design and brand management, industry and public relations solutions
For years, the energy insurance market was lacking comprehensive and reliable coverage because:
- Insurance companies unpredictably entered and exited the market.
- Insurance premiums fluctuated frequently in availability and affordability.
- Excess coverage was often difficult to obtain.
- Insurers often underwrote energy companies that did not follow best practices.
- Insurance companies didn’t provide meaningful safety & loss control services.
- Insurers didn’t aggressively defend claims and refused to involve policyholders in the claims process.
In 2002, a group of leading energy distribution companies and insurance professionals convened to develop better traditional property and casualty insurance for energy companies.
Over the next three years, the group brought in actuarial and reinsurance consultants to complete extensive business research, modeling a business plan after leading worldwide insurance companies. Energi would start as a group captive, grow to an industrial reinsurance company and then evolve to become an insurance company.
In 2005, Energi was incorporated. In 2006, the company commenced operations as a group captive. In 2009, Energi merged with Conifer Insurance Agency Inc. D/B/A Conifer Energy and became an industrial reinsurance company.
As an industrial reinsurance company, Energi acts as a program administrator and reinsurer. The program administration company provides underwriting, distribution management, loss prevention and claims oversight. Insurance company partners act as the insurance company, ceding a portion of the business to Energi’s reinsurance operations. Energi’s products are exclusively distributed through a network of independent insurance agents.
From 2008 to 2010, Energi expanded its shareholder base, which now includes 70 Distribution Companies (policyholders) and a leading worldwide reinsurance company.
In 2016, Energi created the eServices platform focused on providing turnkey risk management, claims, marketing and technology solutions through its various entities.