Exceptional protection for property owners

Transcription

1 Exceptional protection for property owners

2 Property Owners Insurance As a property investor, you are faced with a variety of risks with regard to protecting the property you own, your tenants and your liabilities as an owner. Appropriate insurance protection is essential whether you own a single property or a sizeable property investment portfolio. Lorica Insurance Brokers is a growing top 30 independent UK insurance broker* with extensive capability in all aspects of insurance for let properties. We arrange property owners insurance for a wide range of customers including landlords, property owners, investors and managers, managing agents, pension fund administrators, residents associations and management committees. We have a proven track record in managing national property portfolios for both commercial and residential properties. In this sector we currently insure properties with a combined value in excess of 5bn. We understand the unique insurance and administrative requirements of this sector and have a detailed understanding of the market including the associated legislative and regulatory issues. In addition to helping you arrange the cover for your buildings and associated risks, we can also help with: Assessing your exposure to risks with the use of our in house risk surveyor Proactive risk management advice Managing your claims by our in-house claims teams Issuing insurance certificates for your tenants Representation for insurance matters at First-Tier Tribunals (previously known as Leasehold Valuation Tribunals or LVTs) *Insurance Age 2015

3 The protection that is right for you Examples of the types of property we can insure: Residential blocks Residential buy-to-lets Commercial and industrial properties Shopping centres Distribution centres Retail parks Leisure parks Hospitality trades Multi-tenure properties High risk occupancies Listed buildings Unoccupied buildings New developments We are able to offer the following cover: Unique property damage policy with an All Risks wording including accidental damage and subsidence Loss of rent and/or alternative accommodation as a result of a property damage claim Landlords contents Fixtures and fittings Contents of common parts Employers liability Property owners liability Tenants contents Terrorism cover (Available cover is subject to satisfactory acceptance criteria) Additional covers available: Contractors all risks and associated liabilities including contract specific covers Engineering inspection and equipment breakdown Legal expenses Professional indemnity Directors and officers liability Fixed wiring inspection Latent defects pre and post construction Restrictive covenant insurance Performance and construction Environmental impairment liability Bonds Cover to comply with JCT contracts

4 Why Lorica Insurance Brokers? Our dedicated property team has in-house underwriting capability, which allows us to provide a fast response with quotations and insurance advice whilst keeping premiums competitive. Our very own risk management consultant can visit your properties and provide you with expert guidance on your risk exposures and how best to protect your business. We have built strong relationships with key property insurers who offer bespoke covers and wordings along with fast, efficient production of documentation and invoices. We offer an exemplary claims service, should you have the misfortune to need to claim against your policy. You will be assigned a dedicated claims handler who will work for you throughout the claims process to get you a fair and speedy settlement. Your dedicated account executive will manage your insurance programme in a proactive manner with regular reviews. On your behalf we can field queries from third parties such as solicitors and mortgage companies. Importantly we always aim to offer quality, value for money products that are fairly priced.

5 About us Lorica Insurance Brokers has traded under the Lorica name since 2007, but our roots go back over 35 years. Our team of individuals are renowned for their expertise, friendliness and professionalism. Our brokers are exceptionally talented and it is the knowledge and skill that they possess that enable us to stand out from the crowd. We provide high quality, relationship driven service and support to all our customers. Our advice is specific and focussed and will assist in assessing and mitigating risk and deciding on the most appropriate insurance for you. As a company with offices around the country, we are able to meet your requirements locally. We have the established presence needed to be able to place large risk programmes both nationally and internationally. In addition to our expertise in the property owners sector, Lorica Insurance Brokers also offers general commercial insurance as well as specialising in the key areas of haulage, transportation and logistics, technology, cyber and data centres, credit, management liability, leisure and holiday parks and high net worth personal insurances. We comply with the Chartered Insurance Institute Code of Ethics which commits us to act ethically, always in the best interests of our customers, to provide a high standard of service and to treat people fairly. We are very proud to have Chartered Insurance Broker status which is a testament to our professionalism as a business. This means we have satisfied rigorous criteria relating to professional qualifications and ethical good practice. It means you can be confident that you are dealing with one of the UK s leading insurance broking companies, committed to providing you with the best possible advice, service and support. Lorica Insurance Brokers also achieved Sunday Times Best companies two star (outstanding) accreditation in the last three years.

6 Get in touch Head Office Lorica Insurance Brokers Hemel One Boundary Way Hemel Hempstead Hertfordshire HP2 7YU Please contact us or visit our website to find your nearest Lorica Branch. T: F: Lorica Insurance Brokers is a trading name of Lorica Insurance Brokers Limited. Authorised and regulated by the Financial Conduct Authority. Registered Address: Hardwick House, Prospect Place, Swindon SN1 3LJ. Registered No September 2016