Energy 2026: Security, spend, and exposure

Energy investment is still huge, but the risk picture is shifting faster than underwriting cycles.

Market moments

• * $3.3T global energy investment expected in 2025
• * $2.2T of that goes to clean energy
• * ~$570B upstream oil and gas investment in 2024 (and expected just under that in 2025)
• * New LNG approvals are driving a build-out wave, with export capacity projected to rise sharply (major expansion through 2026)

What’s changing for underwriters

Energy underwriting is being shaped by three forces:

• * Energy security keeps projects moving, even when the macro picture is noisy
• * Supply chain strain is real: grid materials like cables and transformers have nearly doubled in price over five years
• * Insurance conditions are diverging: upstream is seeing continued softening into 2026, while downstream losses have been meaningful this cycle

Where exposure is accumulating

Designed for energy underwriting teams (CUOs, senior underwriters, exposure managers):

• * Schedules are complex across onshore, offshore, and mobile assets
• * BI is driven by critical equipment, dependencies, and restoration timelines
• * Clash builds around hubs and complexes, with multi-line correlation

Event response starts with one question: what has changed since yesterday?

What energy underwriting teams need

1. * Clean schedules fast
2. * Portfolio view before quote
3. * Clash and accumulations without spreadsheets

How AdvantageGo helps

• * Energy templates and data connections to get live quickly
• * Automated lookups and schedule accuracy, including complexes, platforms, and mobile assets
• * BI, clash, limits and reporting in one workflow, with regulator and reinsurer reporting at the click of a button

Ready to get started?

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