Aiken Insurances Limited in association with Blackrock Insurances Services is delighted to announce the launch of a new Insurance Solution for Non-Standard Commercial Property Risks.
We believe this is excellent news for both our Brokers and their Commercial Property Customers given the current constraints in the market.
We can help Brokers looking to place the following Property Risks:
· Non-Standard Construction Buildings
· Higher Fire Risk Occupations
· Larger Risks with Features/Claims that current market cannot support
€50M “A” rated capacity available.
All submissions will be underwritten locally by underwriters who have in depth knowledge of the Republic of Ireland.
Aikens can guarantee advantageous access, terms & conditions.
Excess layers can also be accommodated.
Can offer lead or Co-Insurers/follow line participation, XOL.
Minimum Premium €25,000
Minimum Excess €25,000.
· WASTE RECYCLING
· MANUFACTURE OF METAL PRODUCTS
· FOOD PROCESSING (EX ABATTOIR)
· COLD STORAGE AND WAREHOUSING
· SEEDS AND GRAIN STORAGE
· SCRAP METAL
· LEISURE & HOSPITALITY
· WOODWORKING/PALLET/FURNITURE MANUFACTURE
· COMPOSITE PANELS/LARGE PORTION OF TIMBER FLOORS
· PREVIOUS LARGE LOSS
All Broker submissions will be handled by the Aiken Team who have specialist direct access to the underwriter and can thereby ensure the speediest and best response.
Underwriters will assess risks in a process that is designed to seek to adapt the terms and conditions to achieve high bind rates in the target and appetite sectors.
Our team understand this underwriting process very well and will aid you greatly in obtaining terms on these difficult cases many of which have very little alternative solutions at present.
Please contact any of the following with your enquiries.
Our facility is being managed by Stephen Mills, please forward fully detailed submissions or contact him to discuss specific risks.