Skyward Specialty Launches New Industry-First Well Decommissioning Solution
Skyward Specialty Insurance Group (Nasdaq: SKWD) has introduced EndWell Protection, an innovative well decommissioning solution that uses an escrow-secured bond model. This first-of-its-kind offering addresses critical gaps in traditional surety solutions for the energy sector, particularly following recent market disruptions that have led to stricter collateral requirements and reduced capacity.
The new solution provides oil and gas companies with a streamlined qualification process for surety credit through its innovative collateral strategy. Led by Chris Gagnon, Senior Vice President and head of commercial Surety, the solution was developed over a year of collaboration with industry experts and aligns with the company's 'Rule Our Niche' strategy of serving underserved markets.
Skyward Specialty Insurance Group (Nasdaq: SKWD) ha introdotto EndWell Protection, una soluzione innovativa per la dismissione di pozzi che utilizza un modello di obbligazione assicurata da un escrow. Questa offerta unica nel suo genere affronta lacune critiche nelle soluzioni tradizionali di fideiussione per il settore energetico, in particolare dopo recenti perturbazioni di mercato che hanno imposto requisiti di collateral più rigidi e ridotto la capacità.
La nuova soluzione offre alle aziende petrolifere e del gas un processo di qualificazione snello per il credito assicurativo attraverso la sua innovativa strategia di collateral. Guidata da Chris Gagnon, Senior Vice President e responsabile della Surety commerciale, la soluzione è stata sviluppata in oltre un anno di collaborazione con esperti del settore e si allinea con la strategia dell'azienda 'Rule Our Niche' nel servire mercati non serviti.
Skyward Specialty Insurance Group (Nasdaq: SKWD) ha presentado EndWell Protection, una innovadora solución de desmantelamiento de pozos que utiliza un modelo de fianza asegurada por escrow. Esta oferta pionera aborda lagunas críticas en las soluciones de fianza tradicionales para el sector energético, especialmente tras las recientes perturbaciones del mercado que han llevado a requisitos de garantía más estrictos y capacidad reducida.
La nueva solución ofrece a las compañías de petróleo y gas un proceso de calificación simplificado para crédito de fianza mediante su innovadora estrategia de colateral. Liderada por Chris Gagnon, vicepresidente senior y jefe de fianzas comerciales, la solución se desarrolló durante un año de colaboración con expertos de la industria y se alinea con la estrategia de la empresa 'Rule Our Niche' de atender mercados desatendidos.
Skyward Specialty Insurance Group (나스닥: SKWD)가 엔드웰 프로텍션(EndWell Protection)을 선보였습니다. 이는 에너지 부문의 전통적인 보증 솔루션의 중요한 격차를 해결하는 에스크로로 보장되는 채권 모델을 사용하는 혁신적 매설 해체 솔루션입니다. 이 첫 번째 kind의 제안은 자본 담보 요건을 강화하고 용량이 축소된 최근 시장 충격 이후 필요한 격차를 해결합니다.
이 새로운 솔루션은 혁신적인 담보 전략을 통해 석유·가스 기업에 보증 신용 자격 심사를 간소화된 과정으로 제공합니다. Chris Gagnon(수석 부사장 겸 상업 보증 책임자)가 이끄는 이 솔루션은 업계 전문가와의 1년간의 협력을 통해 개발되었으며, underserved 시장에 서비스를 제공하겠다는 회사의 'Rule Our Niche' 전략과 일치합니다.
Skyward Specialty Insurance Group (Nasdaq: SKWD) a lancé EndWell Protection, une solution innovante de démantèlement de puits qui utilise un modèle d’obligation garantifiée par un dépôt bloqué. Cette offre pionnière comble des lacunes critiques dans les solutions de caution traditionnelles pour le secteur de l'énergie, en particulier après les récentes perturbations du marché ayant entraîné des exigences de garantie plus strictes et une capacité réduite.
La nouvelle solution offre aux compagnies pétrolières et gazières un processus de qualification plus fluide pour le crédit de caution grâce à sa stratégie de garantie innovante. Dirigée par Chris Gagnon, vice-président senior et chef de la caution commerciale, la solution a été développée au cours d’un an de collaboration avec des experts du secteur et s’aligne sur la stratégie de l’entreprise « Rule Our Niche » consistant à servir des marchés sous-desservis.
Skyward Specialty Insurance Group (Nasdaq: SKWD) hat EndWell Protection eingeführt, eine innovative Lösung zur Stilllegung von Bohrtürmen, die ein Escrow-gesichertes Bond-Modell verwendet. Dieses First-of-its-kind Angebot schließt wesentliche Lücken in traditionellen Bürgenlösungen für den Energiesektor, insbesondere nach jüngsten Marktturbulenzen, die strengere Kollateralanforderungen und reduzierter Kapazität mit sich brachten.
Die neue Lösung bietet Öl- und Gasunternehmen einen schlanken Qualifikationsprozess für Bürgschaftskredite durch seine innovative Kollateralstrategie. Angeführt von Chris Gagnon, Senior Vice President und Leiter der kommerziellen Bürgschaften, wurde die Lösung in über einem Jahr Zusammenarbeit mit Branchenexperten entwickelt und steht im Einklang mit der Unternehmensstrategie 'Rule Our Niche', schlecht bediente Märkte zu bedienen.
Skyward Specialty Insurance Group (ناسداك: SKWD) قدمت EndWell Protection، وهي حل مبتكر لتفكيك آبار النفط يستخدم نموذج سند مضمون عبر صندوق احتياطي. هذا العرض الأول من نوعه يعالج الثغرات الحيوية في حلول الضمان التقليدية لقطاع الطاقة، خاصةً بعد الاضطرابات الأخيرة في السوق التي أدت إلى متطلبات ضمان أكثر صرامة وقدرة محدودة.
يوفر الحل الجديد لشركات النفط والغاز عملية تأهيل مبسطة للائتمان الضماني من خلال استراتيجيته الرأسمالية المبتكرة. يقوده Chris Gagnon، نائب الرئيس الأول ورئيس الضمان التجاري، وقد تم تطويره على مدار عام من التعاون مع خبراء الصناعة ويتماشى مع استراتيجية الشركة 'Rule Our Niche' في خدمة الأسواق غير المخدومة.
Skyward Specialty Insurance Group（纳斯达克代码：SKWD）推出了 EndWell Protection，一种创新的油井封场解决方案，采用托管担保债券模型。这一同类首创的产品解决了能源领域传统担保解决方案中的关键空白，尤其是在市场近期波动导致抵押品要求更严格、能力减小之际。
新解决方案通过其创新的抵押策略为石油与天然气公司提供简化的担保信贷资格评定流程。由 Chris Gagnon，高级副总裁兼商业担保主管带领，经过与行业专家一年多的合作开发，与公司“Rule Our Niche”战略相一致，即服务未被充分服务的市场。
- First-to-market innovation in well decommissioning surety solutions
- Addresses a critical market gap in the energy sector
- Simplified qualification process for surety credit
- Strategic expansion into underserved market segment
- None.
HOUSTON, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (Nasdaq: SKWD) (“Skyward Specialty” or “the Company”), a leader in the specialty property and casualty (P&C) market, announced the launch of Skyward Specialty EndWell Protection, an industry-first well decommissioning solution built on an escrow-secured bond model.
Recent disruptions in the energy sector have highlighted gaps in traditional surety solutions, leading to tightened collateral requirements and reduced market capacity. With many surety providers now limiting support to only investment-grade accounts, Skyward Specialty recognized a critical need for a more transparent and reliable approach to decommissioning bonds.
“EndWell Protection’s escrow model uses an innovative collateral strategy that simplifies qualification for surety credit and affords oil and gas companies a fast, efficient way to secure their bonds,” said Chris Gagnon, senior vice president, head of commercial Surety. “After a year of working with other industry experts on this model, we believe it is the future surety solution for this segment of the energy sector.”
“Skyward Specialty EndWell Protection is a unique, first-of-its-kind solution. Chris and his team strategically designed it to meet the market’s call for capacity while offering peace of mind to regulators and reinsurers,” said Matt Semeraro, president of Surety. “It’s also another example of us executing on our ‘Rule Our Niche’ strategy, which enables us to identify niche places in underserved markets and develop high-quality, specialized solutions to meet the unmet needs of our customers.”
About Skyward Specialty
Skyward Specialty is a rapidly growing and innovative specialty insurance company, delivering commercial property and casualty products and solutions on a non-admitted and admitted basis. The Company operates through nine underwriting divisions — Accident & Health, Agriculture and Credit (Re)insurance, Captives, Construction & Energy Solutions, Global Property, Professional Lines, Specialty Programs, Surety and Transactional E&S.
Skyward Specialty’s subsidiary insurance companies consist of Great Midwest Insurance Company, Houston Specialty Insurance Company, Imperium Insurance Company, and Oklahoma Specialty Insurance Company. These insurance companies are rated A (Excellent) with a stable outlook by A.M. Best Company. For more information about Skyward Specialty, its people, and its products, please visit skywardinsurance.com.
Media Contact
Jennifer Mendez
Skyward Specialty Insurance Group
726-245-8384
jmendez@skywardinsurance.com
Investor Contact
Natalie Schoolcraft
Skyward Specialty Insurance Group
614-494-4988
nschoolcraft@skywardinsurance.com
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