Industrial Insurance, Industrial Special Risks Insurance

ISR Insurance

Robust, all-round protection

Industrial special risks insurance is an ‘industrial strength’ commercial insurance policy. As powerful as it sounds, it is designed to cover the widest range of accidental loss or damages typically faced by large single or multi-location businesses.

ISR insurance is essential to any company that holds high value physical assets such as property, equipment or machinery. It is commonly used in the manufacturing, resource and construction industries, or by large universities and councils.

Unlike any other insurance policy, ISR has open-ended wording which means cover is not restricted to nominated risks. Instead, you are protected against all losses and damages except for exclusions listed in the policy. That means you are covered for almost any kind of disaster or catastrophe – from fire, storm or earthquake to theft or money.

What’s more, ISR insurance caters generously for indirect loss exposures, namely loss of income or costs arising from business interruption. This can even include cover for costs of maintaining operations following direct damage to property, suppliers, customers and utilities.

Your commercial risk partners

Insurance House is one of only a handful of insurers and brokers in Australia who fully understand the complexities of industrial special risks contracts. Our commercial risk experts recognise exposures unique to every industry. They can develop variations from standard wordings to accommodate your business’ particular risks, subject to review by our underwriters.

The only way to live through tumultuous economic times is through continual review of your insurance as a component of your risk management strategy. As your commercial risk partners, we carry out a full exposure analysis and Risk Profile to identify and quantify the exposures you face. This is then reviewed annually for optimum coverage and savings.

Free access to IH Business Assist

Take out ISR insurance with Insurance House and you will automatically register for our free support service, IH Business Assist. This includes:

• Service guarantee including a dedicated Account Manager and Support Team
• Financial analysis services
• Formal review processes for a range of business risks
• A range of other support services including claims analysis and consulting, valuations, access to our online knowledge bank and subscription to our quarterly newsletter.

Few Australian insurance providers deliver such comprehensive service to their clients. So start protecting your business’s commercial future today with complete assurance that you have the most robust cover in the marketplace for your needs.