PowerGuard Advantage For Energy And Power Sector

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We take a holistic approach to your business.

PowerGuard Advantage was designed by our team of leading professionals who exclusively service the energy and power sector.

By assessing your business from every angle – from commercial and personal exposures to employee wellness and satisfaction – we get to know your organization. With these vital insights, we help you implement a complete risk management strategy and identify organizational improvements to strengthen and grow your business..

In addition to gaining a trusted partner, you benefit from:

  • $4 million in premiums refunded to our clients in 2021
  • 5x the average product recall coverage
  • 2x the environmental upgrade coverage
  • Exclusive commodity price fluctuation coverage
  • Business interruption for R&D
  • Average premiums 25% below market average
  • Rate stability
  • 50% reduction in admin fees
  • Employees can save up to 40% on personal insurance

Energize your business with PowerGuard Advantage

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A full range of services to support your business
  • Claims management and control adjuster services
  • Emerging trends and regulatory compliance
  • Loss control measures and risk transfer options
  • On-demand certificates
  • Sub-trade certificate management and monitoring
  • Tailored risk engineering services with our partners
  • Workplace safety
Coverage to reduce your energy and power project exposures
  • Business interruption
  • Cargo & marine
  • Contractors equipment
  • Construction bonding and reclamation bonds
  • Course of construction
  • Delayed startup and loss of income
  • Environmental liability
  • Failure to supply coverage on both a primary and excess basis
  • Forest fire fighting expense coverage
  • Kidnap & ransom
  • Operators extra expense
  • Onshore and offshore capabilities globally
  • Political risk
  • Weather risk transfer

Contact us to find out more

Paul Christie

PowerGuard Advantage Team Leader

Third-party liability coverage 

Third-party liability insurance protects you should you get into an accident that injures another person or results in property damage to another person’s property. It covers the costs of any legal or court fees, associated medical expenses and repairs of a damaged car. Ontario requires you to carry a minimum of $200,000 in third-party liability coverage.

Direct compensation - property damage coverage

If you are in an accident but not at fault, direct compensation coverage protects an insured car and its contents by covering the costs of any property damage, such as repairing or replacing a vehicle. 

Uninsured automobile coverage

Should you be involved in an accident with an underinsured or uninsured driver who is deemed at fault for the collision, this coverage will kick in to cover any associated medical expenses due to injuries, as well as car repairs, lost wages and more. It also kicks in if you are involved in a hit-and-run.

Accident benefits coverage

Accident benefits coverage kicks in to help cover lost income and medical expenses, regardless of who is at fault, if you, a passenger or a pedestrian are injured in a collision. Medical expenses include prescription medications, physical therapy, rehabilitation and more.

Contact Us

We’re here to answer any questions you have about our products and services.