Business Details
33 Years
experience
Emergency
services
Customized Energy Insurance & Risk Management Solutions
At PT Risk Management Insurance Services Insurance Services, we have dedicated our careers to helping energy businesses protect their operations and maximize profitability through comprehensive risk management solutions. Founded in 1993 by industry veterans with decades of combined experience, our team brings unparalleled expertise in energy insurance, including field inspections, compliance, underwriting, and claims handling. We prioritize building personal relationships with clients, offering customized coverage through approved carriers with solid financial ratings. Our value-added services include 24/7 claims assistance, quarterly risk assessments, and expert contract reviews. With 29 years of continuous service and a 94% customer retention rate, we demonstrate deep industry knowledge through our Chartered Property Casualty Underwriter (CPCU) credentials.Our commitment to transparency ensures no surprises, while our nationwide reach covers all 50 states. We specialize in addressing complex risks unique to energy businesses, from propane storage safety to cyber liability protection. Our proven track record shows that 86% of new clients achieve better coverage at lower rates. Through proactive on-site inspections and a client-first approach, we deliver tailored insurance solutions that safeguard both large distributors and small dealers in the energy sector.
Services
Propane Insurance
Petroleum Insurance
Energy Transportation Insurance
Commercial Auto Insurance
Underground Storage Tanks Insurance
Cyber Liability Insurance
Employment Practices Liability
Workers Compensation
Umbrella Policy
Bonding
Details
- Year established: 1993
Highlights and features
- We offer 24/7 hotline support for urgent insurance needs
- Our team conducts on-site risk assessments with industry expertise
- We hold Chartered Property Casualty Underwriter (CPCU) credentials
- 94% of our clients receive better coverage at lower rates
- We provide customized energy insurance solutions with nationwide coverage
Associations and certifications
- Chartered Property Casualty Underwriters (CPCU)
What people say
Saved me money
Excellent service
Great ideas
Industry expertise
Prompt paperwork handling
Services
Propane Insurance
We provide comprehensive insurance solutions specifically designed for propane businesses, covering marketers, wholesalers, transporters, and dispensers. Our policies address risks associated with propane storage, transportation, and distribution, including liability protection for catastrophic accidents. With expertise in regulatory compliance and risk assessment, we help propane businesses maintain operational continuity while minimizing exposure to industry-specific hazards.
Petroleum Insurance
Our specialized insurance programs protect petroleum businesses including bulk fuel distributors, lubricant suppliers, and ethanol dealers. We address risks related to fuel storage, transportation, and environmental compliance. Our coverage includes protection against spills, regulatory fines, and third-party liability claims while ensuring compliance with evolving state and federal regulations affecting petroleum operations.
Commercial Auto Insurance
We offer tailored commercial auto insurance for energy businesses covering company-owned vehicles, employee cars, and hired transport. Our policies protect against liability and physical damage risks for bobtails, tank wagons, and service trucks operating 24/7. We ensure compliance with transportation regulations while providing 24/7 emergency support for accident response and claims processing.
Underground Storage Tanks Insurance
Our specialized coverage addresses risks associated with underground storage tanks in gas stations, bulk plants, and farm co-ops. We provide protection against environmental contamination, regulatory fines, and third-party claims while helping businesses comply with federal and state tank integrity requirements. Our risk management includes regular assessments to prevent costly leaks and environmental violations.
Umbrella Policy
We offer umbrella insurance policies that provide additional liability protection beyond primary coverage limits. These policies are essential for energy businesses facing potential catastrophic losses from large accidents. Our umbrella policies offer broader coverage for downstream risks and provide financial security against major claims that could threaten business assets.
People
Frank Thompson
President
With over 50 years in energy insurance, Frank founded PT Risk Management Insurance Services Insurance Services in 1993 after managing Exxon Valdez cleanup operations. A Chartered Property Casualty Underwriter (CPCU), he specializes in risk assessment for fuel and propane dealers, combining field experience with industry leadership to protect client assets.
Questions
What types of energy businesses do you insure?
We specialize in propane, petroleum, and energy transportation businesses including marketers, distributors, transporters, and storage facilities nationwide.
How do you help minimize business risks?
Through 24/7 risk assessments, on-site inspections, compliance guidance, and customized insurance solutions tailored to energy industry-specific hazards.
Do you offer 24-hour emergency support?
Yes, we maintain a 24/7 hotline manned by live representatives for urgent insurance and claims assistance.
What areas do you serve?
We provide coverage across all 50 states with experienced claims handling and local regulatory compliance support.
What value-added services do you provide?
We offer quarterly risk assessments, expert contract reviews, compliance training, and customized safety programs beyond standard insurance offerings.
Reviews (1)
Frank Martinez
Feb 16, 2020
Report
This company since 1993 has been providing quality insurance for Vehicles specializing in FuelTransfer. Full spectrums of coverage and friendly professional staff.
