Our Underwriting Authority/Direct placement Facilities for property insurance is €11,000,000 per risk. We have underwriting facility from Lloyd’s in London and Lumen Insurance (Trading brand of GasanMamo Insurance company in Malta) for both commercial buildings to private households.
Property & Buildings cover for damage to property or buildings. The reason for the damage might be a factor in the cover. For example, some insurance companies will not provide cover against damage to property caused by riot. Most natural causes of damage such as lightning, flood and storm will be covered but may make the premiums more expensive. Terrorist attacks may also not be covered so it is up to the business concerned to ensure that they specify what cover they want and that the insurance company concerned is prepared to cover that risk – it does vary considerably.
Contents Insurance taken out against damage or loss of contents in a business premises. For example, the firm might have suffered a break-in and had a number of computers stolen or the memory stolen from inside them or had PCs damaged during the break-in.
Our property insurance product range includes:
- Householder Comprehensive
- Commercial Property (Fire and Perils)
- Commercial All Risks
- Business Combined (Suitable for Retailers, Administrative Committees of properties, Restaurants, Cafes etc)