If your company is in the oil and gas business, or a company which supports this industry, your needs are different than a business in another niche. We are uniquely equipped to help you identify and manage potential threats while maximizing opportunities with our team of energy risk experts. As demand for hydrocarbons continues to increase, drillers and other producers must enter new areas of exploration and production.
MODCO can help you find coverage for multiple types and sizes of operations. For oil refiners, natural gas processors/purifies, and those focused on end-product marketing and distribution, MODCO offers the knowledge to assist in finding coverage for your specific risks. From conception to completion, MODCO supports every phase of your construction project.
MODCO can help you find coverage for multiple types and sizes of operations. For oil refiners, natural gas processors/purifies, and those focused on end-product marketing and distribution, MODCO offers the knowledge to assist in finding coverage for your specific risks. From conception to completion, MODCO supports every phase of your construction project.
Services
Founded by oil and gas insurance veteran, Gary Ray, MODCO has quickly become the go-to boutique energy risk management firm. While working for a large national broker Gary realized that by exclusively focusing on the oil & gas industry he could utilize his vast knowledge and market relationships to better benefit their clients in terms of coverage, service and competitive pricing.
As the demands and services of the oil and gas industry changes your energy company must change along with them to stay competitive. That is why MODCO recognizes the needs of our clients and adjust with the ever changing needs of the energy industry. When the unexpected happens, and it will; MODCO is there for you quickly and professionally with certainty and security.
Workers' Compensation insurance can protect you against employee injuries and accidents to cover compensation benefits, loss of income, death benefits, and medical expenses required by local, state, and federal laws.
Our complete workers compensation package for oil and gas companies can even protect you against claims by employees that reject statutory benefits; exempt employees; and claims that fall outside of the general and mandatory requirements of state laws.General liability insurance is designed to protect business owners and operators from a wide variety of liability exposures and what they are legally responsible for.
Our complete workers compensation package for oil and gas companies can even protect you against claims by employees that reject statutory benefits; exempt employees; and claims that fall outside of the general and mandatory requirements of state laws.General liability insurance is designed to protect business owners and operators from a wide variety of liability exposures and what they are legally responsible for.
According to the Small Business Administration definition, Surety bonds ensure contract completion in the event of contractor default. A project owner (called an obligee) seeks a contractor (called a principal) to fulfill a contract. The contractor obtains a surety bond from a surety company.
If the contractor defaults, the surety company is obligated to find another contractor to complete the contract or compensate the project owner for the financial loss incurred.Bid Bond: Ensures the bidder on a contract will enter into the contract and furnish the required payment and performance bonds if awarded the contract.
If the contractor defaults, the surety company is obligated to find another contractor to complete the contract or compensate the project owner for the financial loss incurred.Bid Bond: Ensures the bidder on a contract will enter into the contract and furnish the required payment and performance bonds if awarded the contract.
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