Property & Business Interruption

Why companies get property insurance wrong

The most common failures in property and business interruption programs aren't missing covers — they're incorrect assumptions. Declared values based on book value rather than replacement cost. Business interruption indemnity periods of 12 months when recovery would actually take 24. Sub-limits on key exposures that are inadequate for the actual loss scenario. And natural catastrophe deductibles that haven't been tested against cash flow.

A $50M construction company with equipment spread across five project sites has fundamentally different exposure to a single-premises manufacturer. Your program should reflect that.

What risks we manage

Property damage — buildings and contents for owned and leased premises, stock and materials at multiple locations, and landlord's fixtures and fit-out.

Business interruption — gross profit, additional increased cost of working, claims preparation costs, accounts receivable and loss of rent. We ensure indemnity periods reflect the actual time required to recover revenue — not a generic assumption.

Natural catastrophe — flood, cyclone, earthquake, storm surge and bushfire, with deductible structures that balance premium cost against cash flow impact.

Extensions — machinery breakdown, electronic equipment, glass, money, theft, and other extensions tailored to your operational profile.

How we approach property programs

We start with your actual assets, locations and revenue streams — not a renewal questionnaire. We test declared values against current replacement costs, model business interruption scenarios against your actual recovery timeline, and ensure sub-limits are adequate for realistic loss events. Then we take the program to market across multiple insurers to find the best combination of cover, terms and cost.

‍

‍