Industries

IMA, Inc. is a leader in energy risk management, insurance and surety bonding. IMA’s specialization in the energy sector enables it to create proprietary insurance and bond programs, customized coverage forms and energy packages for domestic and international energy operations. It is an array of services that includes contract review within the scope of insurance, loss control assistance and specialized claims handling.

IMA handles all aspects of the oil and gas industry – upstream, midstream and downstream – for owners/operators, non-operating interest owners and contractors. It has specific expertise in the onshore U.S. oil and gas basins including Alaska, offshore Gulf of Mexico and California, and international exploration including “wet” operations such as the North Sea. It’s an expertise further expanded in the past decade to include electric co-ops, biofuels including ethanol, wind, solar and mining, domestic and international.

Click here for more detailed information on oil & gas energy, biofuels and wind energy.

Wind Energy

IMA is committed to understanding the renewable energy industry and its unique insurance needs, and we work with a large audience of energy clients with billions in property covered.

This knowledge enables IMA to work with insurance providers to deliver services that can translate directly to reduced operational exposure and, ultimately, enhanced profitability. IMA doesn’t just place coverage, we offer services for insurance programs, as well as risk control and safety programs tailored to the alternative energy industry.

Who can benefit from working with IMA ?

IMA clients describe us a trusted advisor.  

Whether or not you select IMA for your project, keep the following in mind when selecting your insurance program:

• Insurance is not the most important thing you have to do. However, you can’t move forward without it.
• Insurance costs will account for a small percentage of your budget. Be concerned about the proper coverage instead of the cheapest price.
• Optimize broker services by selecting a partner to market your account.

Consider the following a broker’s experience in the sector, their scope of services coordination of insurance requirements.

Oil & Gas

IMA is committed to excellence in standards within the oil and gas industry. We have a team that understands oil and gas insurance, contracts and operational risks. We offer the most complete risk management programs regardless of size of company.

IMA is a recognized leader in providing innovative solutions to the complex needs of the oil and gas industry. We bring a unique perspective with our extensive energy experience in upstream, mid-stream and downstream operations in the United States.

Superior Service

The IMA team approach to risk management provides our clients with comprehensive and proactive customer service. We nurture every relationship built on honesty, integrity and mutual respect. We have created depth and breadth of our energy team by assigning account executives, account managers and a support staff to respond to daily issues.

Services

• Access to, and the ability to create manuscript policy forms and endorsements to address difficult and complex exposures to the energy industry.
• Current information on industry trends and ongoing education of your operations team.
• Prompt turn-around of certificates of insurance to lenders, lessors, non-operators and service providers.
• Detailed insurance summaries for internal and external use by board members, accountants, attorneys, etc.
• Premium allocation for prompt billing to the wells and your non-operating partners.
• Mergers and acquisition assistance in reviewing indemnity provisions of purchase and sale agreements, as well as coverage an contract reviews of the company to be acquired.

An insurance program that is structured to meet the contractual and indemnification obligations of your industry contracts.

Biofuels

IMA’s knowledgeable and skillful associates enable it to work with insurance providers to deliver services that can translate directly to reduced operational exposure and, ultimately, enhanced profitability. IMA doesn’t just place coverage. It meets real needs.

IMA currently works with more than 100 biofuel plants, insuring more than $8 billion in property values. That vast experience enables IMA to offer services including exclusive ethanol captives and biodiesel insurance programs, as well as risk control and safety programs tailored for the biofuels industry.

IMA provides expertise and knowledge on specialty coverages crucial to the biofuels industry, including but not limited to:

IMA clients describe us a trusted advisor.

Whether or not you select IMA for your project, keep the following in mind when selecting your insurance program:

• The most important work will come during the pre-construction phase.
• Insurance is not the most important thing you have to do. However, you can’t move forward without it.
• Insurance costs will account for approximately one-half of one percent of your budget. Be concerned about the proper coverage instead of the cheapest price.
• Not all insurance is equal. There are differences in terms and conditions. It is important to have the correct coverages in place to deal with your risks.
• Optimize broker services by selecting a partner to market your account with an experience in biofuels and an understanding of the scope of services.
• Coordination of insurance requirements among participants