We have much experience in looking after the assets of property funds.
Our key objectives when placing these types of risks are as follows:
- Comprehensive cover to ensure that in the event of loss or damage no costs are incurred by the fund that would be detrimental to investor returns.
- Competitive premiums to minimise cost and maximise returns.
- Our team provides an immediate personal service to ensure any issues are resolved to your complete satisfaction.
Our policy wording includes a unique basis of claims settlement that gives the Fund Manager the flexibility to opt for a full cash settlement. Where an asset has been substantially damaged or destroyed, liquidising the asset to invest elsewhere by securing a cash settlement is a huge benefit.
Our policies cover the fund assets for:
- The cost of reinstating the property in the event of loss or damage
- Any loss of rent if the property is rendered unusable following an insured event
- Any claim against the fund as property owner for third party injury or damage
Our Insurer relationships are second to none and we have a personal relationship with the CEO’s of all the main property Insurers. This enables us to obtain superb prices for our customers without sacrificing cover. Importantly any claim our clients make will be dealt with immediately.
Reich have their own unique Terrorism policy. This provides comprehensive cover at substantially cheaper premiums than Pool Re, saving you money. This cover can be purchased in isolation.
We have a team of 18 property specialists who understand your business and will be available to assist you with any issues. These include but are not limited to:
- Ensuring the insurances are arranged in the correct title, protecting all interested parties
- Reassuring the tenants regarding the scope of cover and price, allowing you to collect the Insurance Rent
- Ensuring where you are acting as property owner you obtain the benefit of the Property Owners Liability cover.
- Advising you on all aspects of your insurances to give you peace of mind
To access our exclusive facilities, contact one of our property specialists to get your no obligation quote.