324110

Petroleum Refineries

Cyber Liability Insurance for NAICS 324110

CYB

Ranked reasons a business in NAICS 324110, Petroleum Refineries, needs Cyber Liability coverage. Each reason is specific to how this industry actually loses money, and ends with the question to ask before the objection comes up.

  1. 01

    The refinery is a continuous process where loss of control kills people.

    • Units run under distributed control with safety instrumented systems as the last defence.
    • Refinery incidents have killed workers and damaged surrounding communities.
    • A safety system that does not act when it should is the difference.
    ASK
    What safety instrumented functions protect your units, and how are they verified?
  2. 02

    An unplanned shutdown costs millions per day.

    • Units run continuously between turnarounds scheduled years ahead.
    • Restart takes days and wastes material in process.
    • Lost production is bought on the market at spot price.
    ASK
    What does a day of unplanned refinery downtime cost?
  3. 03

    Process safety and emissions records are regulatory records.

    • Process safety management, emissions monitoring, and reporting are required continuously.
    • Regulators inspect against those records directly.
    • Gaps are treated as violations and can restrict operations.
    ASK
    How are your process safety and emissions records recorded and reported?

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