Biofuel Insurance Services from IMA, Inc.

IMA is committed to understanding the biofuels industry and its unique insurance needs. This knowledge enables us to work with insurance providers to deliver services that can translate directly to reduced operational exposure and, ultimately, enhanced profitability. IMA doesn’t just place coverage...we meet real needs.

IMA is currently working with over 100 biofuel plants, with over $8 billion in property values insured. That gives IMA an extensive base of experience from which to offer services including exclusive ethanol captives and biodiesel insurance programs, as well as risk control and safety programs tailored for the biofuels industry.

IMA provides expertise and knowledge on specialty coverages crucial to the biofuels industry, including but not limited to:

• Builders Risk
• Delay in Start-up
• Equipment Breakdown
• Testing/Commissioning
• Property
• Business Income
• Cargo Coverage - U.S. and Worldwide
• Contractor’s Equipment
• Rolling Stock- Rail Car Physical Damage - owned and leased
• Automobile
• General Liability
• Workers Compensation
• Umbrella/Excess
• Pollution
• Professional Liability
• Errors & Omissions
• Employee Practices Liability
• Crime
• Directors & Officers Liability

IMA clients describe us a trusted advisor.

• Whether or not you select us for your project, we advise you to keep the following in mind when selecting your insurance program:
• The most important work will come during the pre-construction phase.
• Insurance is not the most important thing you have to do. However, you can’t move forward without it.
• Insurance costs will account for approximately one-half of one percent of your budget. Be concerned about the proper coverage instead of the cheapest price.
• Not all insurance is equal. There are differences in terms and conditions. It is important to have the correct coverages in place to deal with your risks.
• Optimize broker services by selecting a partner to market your account. Consider the following:
  • Their experience in biofuels
  • Their scope of services
  • Coordination of insurance requirements among participants