Aegis Energy, a division of Aegis General Insurance Agency and K2 Insurance Services, has partnered with Everspan Group, a specialty property and casualty insurance platform, to launch a new Excess program for Petroleum Gasoline Haulers.
The program is tailored to meet the needs of retail and wholesale haulers involved in the distribution of petroleum and propane products.
Offering up to $4 million in excess coverage, the program is available nationwide—excluding Massachusetts, Hawaii, and Alaska.
This non-admitted product provides enhanced flexibility for retail agents, enabling them to better address the unique risks faced by clients in the petroleum industry.
Doug Strange, President of Aegis Energy, said, “We are excited to launch this new Excess program in partnership with Everspan Group, a leader in the insurance sector.

“This collaboration represents a significant step forward for Aegis Energy, as it allows us to provide enhanced risk management solutions for petroleum and propane distributors. Everspan’s strong market presence and commitment to excellence align perfectly with our mission to deliver exceptional coverage and service to our clients across the U.S.”

Darwin Lucas, Chief Underwriting and Reinsurance Officer at Everspan, added, “At Everspan, we seek partners who have unparalleled expertise and who share our commitment to underwriting excellence. Aegis Energy fits that bill. Doug and his team are top-notch underwriters, and their laser focus on downstream petroleum product distribution uniquely positions them to create innovative insurance solutions for their sector. This Excess program is an example of that, and we are thrilled to partner with them on it.”

Aegis Energy and Everspan launch Excess program for Petroleum Gasoline Haulers

Aegis Energy, a division of Aegis General Insurance Agency and K2 Insurance Services, has partnered with Everspan Group to launch an Excess program for petroleum gasoline haulers. The program offers up to $4 million in coverage nationwide, excluding Massachusetts, Hawaii, and Alaska, and is designed to address unique risks in the petroleum industry.