Insuring your commercial property for an incorrect value or setting your limits too low results in underinsurance, which can have serious and often devastating consequences for businesses. Therefore, in the unfortunate event of a claim policies will not operate as intended, delivering less indemnity than needed following a loss. Ultimately, this could put a business’s ability to recover in jeopardy.
We are delighted to introduce our clients to our sister company, Specialist Risk Insurance Solutions (SRIS), who are specialists in arranging bespoke insurance programmes for businesses with complex insurance requirements.
When approached by several new clients recently, the SRIS team have reviewed the business’s existing levels of cover and have identified gaps of over 50% in their commercial property rebuild cost. This is a concerning statistic and the team are here to help you feel confident that you have the appropriate cover in place, allowing you to focus on what is important to you: running and growing your business.
Our specialist team have collated a list of useful guides and resources to help you protect your business against the risk of underinsurance:
Click the button below to request a complementary and confidential review of your existing insurance programme by the SRIS team: