RSG subsidiary launches energy binder

Ryan Specialty Group's Global Special Risks (GSR), has launched a new binding authority for the upstream solutions energy package.

The authority is backed by a number of oil, gas and energy underwriters at Lloyd’s and will be underwritten in Texas by GSR's chief underwriting officer, Thomas Morelli.

Lines of coverage available in the new package include control of well (limits up to $50 million), primary general liability (limits up to $1 million, $2 million aggregate), umbrella (limits up to $10 million) and property (limits up to $20 million).

Steven England, president and chief executive officer of GSR, said: "We are excited about this improved offering for operators and non-operators in the US and Canada. Our ability to underwrite, quote and bind business from Houston for North American retailers will provide much improved turnaround times for our trading partners."