The Property Division draws on many years of experience to address and resolve complex risk issues and develop comprehensive and cost-effective risk transfer and insurance solutions.
The Property Division works on accounts throughout the world on a daily basis, drawing on wealth of knowledge and sustained relationships with reinsurers across the globe to support clients in their efforts to control exposures, improve risk profile and reduce reinsurance costs.
We specialise in designing, negotiating, placing, arranging and servicing bespoke insurance programmes for clients with a national or global presence in various sector of the property industry. As a group we are extremely proud of the service standards we provide for our clients and this is further enhanced in the Property Division with the Engineering and the Claims teams brought together on the same floor within our London head office.
Our in-house engineers are often used for technical assistance to the broking team but mainly carry out risk management surveys for our clients.
WHY UIB PROPERTY
The Property division works closely with clients and underwriters globally to design, negotiate, present, package and arrange bespoke insurance programmes for clients in every sector of the property industry. Our expertise and global market access enables us to source the best available capacity, terms, limits, structure and pricing for our clients.
The property division has established trust, confidence and long-term relationships with clients by efficiently and comprehensively managing their risks. Our best in class and comprehensive service delivery consists in analysing existing cover’s T&Cs (limits, deductibles, etc.) and improving those terms with adequate, better-suited, broad and cost-effective risk solutions.
Our in-house policy wording specialists enable the Property division to advise clients on existing coverage, draft bespoke policy wordings and ensure our clients’ needs and requirements are met with the utmost diligence.
As an independent broker, we focus on generating long-term value for our clients by timely accessing global markets for local interests, by selecting and negotiating with suitable local Insurers and international Reinsurers, and by analysing and presenting offers from Insurers and Reinsurers.
Being independent enables us to establish stable relationships with clients and market players through honest, informative and transparent communications, unbiased judgements, and constantly adopting a strong stance when defending our clients’ interests.
All claims are managed within the Claims team and never outsourced to ensure they are dealt with seamlessly and efficiently and, payments are made promptly. We pride ourselves on our claims management efficiency, providing a comprehensive service, advising on policy wordings, reviewing existing covers and, providing claim processing support from original notification to claim payment.
Our in-house Engineering resources provide services and advices to clients, placing brokers and claims brokers on technical matters to reach the best outcome.
WHAT WE DO
UIB has developed innovative risks solutions for property risks throughout the world, covering the following:
WHO WE SERVICE
Our client base reflects the global scale and scope of the property industry. The UIB India Property team handles all types of accounts including:
Airports – terminals and support property
Agriculture
Breweries – beverage and food production
Commercial – hotels, shopping malls
Forestry
Heavy industry – cement plants, steel plants
Medical – hospitals, clinics
Ports
Utilities – water desalination
Manufacturing – automotive, white goods plants
- Surface mines including
- Open cast mines
- Quarrying
- Strip Mining
- Mountain top removal
- Underground Mines
- Coal fired power plants
- Oil fired power plants
- Gas fired power plants
- Waste fired power plants
- Combined Cycle power plants
Railways – track, stations and rolling stock
- Biofuel
First Generation including (made from sugar, starch, vegetable oil or animal fats):
• Bio alcohols
• Biodiesel
• Biogas
• Solid biofuels
• Syngas
• Vegetable oil - Second Generation including (made from non-food crops):
• Waste biomass
• Wood - Third Generation including (made from algae):
• Otherwise known as oilgae - Geothermal power Plants
- Hydroelectric power plants
- Solar Power
- Wave Power
- Wind Farms
Technology based industries – telecommunications
CONTACT US
To learn how our Property team’s expertise can benefit you, or for further information please contact us:
