Unforeseen events can have a devastating impact on business and property owners, and subsequently your financial return. From natural disasters, like fire and storms, to theft and accidental damage, we create tailored property insurance policies that provide crucial protection for your business from these risks.
Property Insurance indemnifies you for loss or damages to your property caused by a range of unforeseen events. These policies can cover buildings, such as warehouses or office buildings, as well as the contents inside, be it equipment, inventory or machinery.
Damage caused by fire, smoke, soot and heat caused from a wide range of sources can be covered.
Damage caused by windstorms, hail, hurricanes, and other severe weather events can be covered, as well as damage caused by flooding, burst pipes, and other water-related incidents.
Damage resulting from burglary, theft, and vandalism including from forced entry, damage to structures as well as stolen property.
To ensure your Property Insurance policy provides the best possible protection, some of the key factors we assess when making our recommendations include:
The type of industry you operate in, availability of replacement stock, machinery or raw materials, likely downtime and the various stages before the business becomes fully operational.
Your coverage needs will depend on the type of property. For example is it an office which would be easy to replicate with available alternatives? Or is it a bespoke manufacturing warehouse which can only be reinstated at its existing location?
If your building is older or made out of unique materials, such as Expanded Polystyrene (EPS), you may require specialised insurance solutions.
Whether your property has specific measures in place to help mitigate these risks, such as security cameras, monitored alarms and fire suppression systems.
