about Property
The about Property offering targets high risk and hard to place risks above $80,000 in premiums. We have access to Lloyd’s markets and other company markets, if required, with a view to completing a slip 100% or to provide additional capacity. We specialise in hard-to-place risks including EPS, waste recycling, timber sawmills, auto wreckers, claims-driven accounts and the like.
Let our experienced Underwriting team work with you to establish the best personalised solution for your client’s Property needs.
Security
about Underwriting’s specialised products are underwritten by certain underwriters at Lloyd’s. Lloyd’s is the world’s specialist insurance and reinsurance market, bringing together an outstanding concentration of underwriting expertise and talent. Lloyd’s enjoys strong financial security supported by excellent ratings.
Visit www.lloyds.com for more information. We also have access to other company markets if required.
Capacity
Open Market line slip option up to $25,000,000 capacity
Minimum premium is AUD $80,000 (100% Annual)
Co-lines and additional capacity are available
We offer cover for the following:
- Property Damage and Business Interruption Cover
- Industrial Special Risk Policy
- Lead Lines
- Co-Lines
about preferred business includes but is not limited to the following Risks:
- Agriculture (Edible Oils, Milling, Poultry, Feedlots)
- Food processing/ Cold Storage
- Manufacturing
- Infrastructure (Rail/ Ports/ Roads)
- Pharmaceutical
- Retail
- Strata property portfolios
- Real Estate
- Telecom
- Warehousing
- Wood processing (inc. sawmills, paper, etc)
What we Don’t Do:
- Cyclone Exposed Single Premises
- Single Unoccupied Premises
- Offshore or Island Risks