Property Insurance
Specialised cover for commercial buildings, warehouses, residential towers, and investment portfolios, including the rental income they produce.
Protect the asset and the income it earns.
Commercial property insurance covers the physical building against damage and, just as importantly, the rent you would lose while it is being repaired. For landlords and investors, that income protection is often what keeps loan repayments on track after a major loss.
We insure single buildings and portfolios for property owners, developers, owners' associations, and facility managers, and coordinate cover with lenders who hold an interest in the property.
- All risks cover for buildings and fit-out
- Loss of rent and service charges
- Property owner's liability
- Lender's interest noted on the policy
Cover matched to the building.
| Property | Main exposures | Recommended cover |
|---|---|---|
| Office buildings | Fire, water damage, tenant injury claims | Property all risks, loss of rent, public liability |
| Residential towers | Fire, lift and plant breakdown, common-area liability | Building cover for owners' associations, machinery breakdown, liability |
| Warehouses and logistics | Fire, stock accumulation, theft | Property all risks, stock cover, burglary |
| Retail and mixed use | Public footfall, fit-out damage | Property, public liability, business interruption |
| Hotels and serviced apartments | Guest liability, high-value contents | Property, liability, business interruption |
Covers worth adding.
Machinery breakdown
Sudden breakdown of lifts, chillers, generators, and building management systems.
Loss of rent
Rent and service charges lost while the property cannot be let after insured damage.
Terrorism and political violence
Damage from events usually excluded under a standard property policy.
Debris removal and professional fees
Clearing the site and the architects' and engineers' fees needed to rebuild.
Glass breakage
Replacement of façade glazing, shopfronts, and internal glass.
Owners' liability
Claims from tenants, visitors, and the public injured on your property.
How we insure a property.
- 01
Asset schedule
We collect addresses, construction details, occupancy, and current values for each property.
- 02
Valuation check
We check that sums insured reflect reinstatement cost, so claims are not reduced for underinsurance.
- 03
Risk survey
For larger buildings, a survey of fire protection and maintenance supports better terms.
- 04
Placement
We compare insurers, bind cover, and note your lender's interest where required.
Who should insure an apartment building?
Usually the owners' association or the developer insures the structure and common areas; individual owners insure their own contents and improvements.
What is reinstatement value?
The cost of rebuilding the property to the same standard, including demolition and fees. It is the basis for buildings sums insured.
Can I insure several properties on one policy?
Yes. A portfolio policy covers multiple locations with one renewal date and one schedule.
Does property insurance cover tenants' belongings?
No. Tenants should insure their own contents and fit-out.
Need protection for your future?
Global coverage, trusted assurance. Our advisors are available Mon – Sun 9:00 AM – 6:00 PM.