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Industry-First Coverage for Drilling Contractors
Industry: Construction & Drilling
At 160 feet straight down, drilling a well is anything but simple. When a large rock dislodged and seized our client’s drilling equipment, they faced more than a costly repair. The breakdown meant lost tools, wasted labor, and mounting rental expenses, a pattern that had repeated itself too many times before.
Recognizing this gap, Van Wyk developed industry-first coverage tailored specifically to drilling operations.
The specialized policy accounted not only for damaged tools and replacement equipment, but also for lost time and productivity, critical factors standard commercial policies overlook.
When the next equipment seizure occurred, our client didn’t face another financial setback. Their unique policy ensured timely compensation, minimized downtime, and kept operations moving with confidence.
The better moves.
- Financial protection against tool loss, rental expenses, and production downtime
- Industry-specific expertise that anticipated real operational risks
- Confidence and continuity knowing future disruptions wouldn’t derail the job
