Property and Business Interruption

Keep your business ticking over with Business interruption insurance

As an established insurer in the property insurance market, we’re specialists in the underwriting and mitigation of property risks, serving a range of corporate clients. We offer property and business continuity management globally, with business interruption insurance representing a major product line.

  • Our appetite

    Our appetite is driven by risk quality and customer engagement and we analyse businesses individually. These include retail and hospitality to heavy industries like iron, steel and high tech.

    Mining, Power Generation and Petrochemicals are included in our Energy segment.

  • Our solution

    Coverage is offered for:

    • Domestic property risks
    • Global property risks
    • Overseas domiciled property risks
    • Business interruption
    • Supply chain risks
    • Onshore and offshore energy risks

    To ensure the needs of our customers are met, we offer tailored policy wordings with the opportunity to include machinery breakdown and associated risks.

    We have the capacity to provide policy limits in excess of USD 1 Billion and are committed to transparent pricing. This is based on the individual features of each location, the knowledge held by our underwriters, and the information provided.

    Zurich International Programmes

    With our underwriting network reaching almost every country across the world, we can provide local connections through our International Programmes to more than 55,000 people globally.

    Have a look at Our Expertise page for more information.

  • Claims expertise

    Our customer-centric approach to claims places Property at its heart, with a dedicated team managing incidents from notification to final settlement. The team’s process incorporates the following:

    Pre-loss catastrophe scenario planning

    Customers are invited to stress-test policy response and the effectiveness of Business Continuity Planning following typical catastrophic loss scenarios. This enables us to advise on possible claim outcomes and provide pre-loss solutions to possible post-loss challenges.

    Large loss project management

    Immediately following a major incident, local claims experts are summoned and supported by the London-based Global Major Loss Team. Early relationship management minimises misunderstandings, building trust to achieve early settlement.

    Early payments

    Aid cash flow management and provide confidence to invest in loss mitigation measures and capital expenditure. They also demonstrate Zurich’s commitment to their customers.

  • Risk engineering expertise

    We have over 75 years of risk engineering experience and our 800 risk professionals operate in 40 countries. Our services include:

    Detailed reports

    Site layout, construction, process description, plant and services description and planned maintenance of safety related equipment.

    Loss estimates

    Based on probable maximum loss expectancy (PML) with protection systems operating and estimated maximum loss (EML) with protection failure.

    Fire safety review

    Includes permit-to-work systems, training and internal monitoring.

    Review of fire protection systems

    Water supply, firefighting capability and assessment of adequacy.

    To find out more, take a look at Our Expertise page.