Property Underwriting

You need expert underwriters to assess your client’s risk and present the most suitable cover, terms and, of course, premium. We underwrite Commercial Property with a preference for large SME to mid-corporate clients.

Our expertise enables us to do just that. Whether it’s looking at a portfolio or whole account cross-class deals, we’re focused on providing the property cover needed. Co-insurance on large risks is considered, where we’ll assess the structure and merit of underwriting on a case-by-case basis

We underwrite across any location within Australia, including limited capacity north of 26 parallel.

Our Capacity

Up to AUD$20m
depending on the risk profile.

We partner best with sophisticated policyholders who treat our capacity as a true risk transfer mechanism, rather than a maintenance policy.

For any enquiries about our Pacific Property underwriting, please get in touch with Edward Clark.

Our Property Appetite

As a modern insurer, we have a broad appetite for risks including the following occupations:

  • Airports
  • Chemicals / Pharmaceuticals
  • Dairy
  • Distribution / Warehousing (including Cold Storage)
  • Education
  • Food & Beverages
  • Food Processing & Manufacturing
  • General Property Owners
  • Health & Aged Care
  • Hotels
  • Light Industrial
  • Office

And, will consider higher hazard trades, subject to strong client risk management.

Policy Documents

Download your copy of Probitas Pacific’s Property documents here:

Probitas Consolidated Mark IV ISR Policy Wording

 

 

“We are nimble, taking a pragmatic approach to underwriting Property risks. Working with all insurance brokers, we have no channel conflict with agencies, meaning we are an ideal choice for your clients’ property insurance.”

Edward Clark

Get in touch

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Probitas Syndicate 1492 is managed at Lloyd’s by Probitas Managing Agency Limited. Probitas Managing Agency Limited is registered in England and Wales (No. 12242600) at 88 Leadenhall Street, London, EC3A 3BP and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Firm Reference Number 931446). Probitas 1492 (Pacific) Pty Ltd (ABN 82 663 993 244) is registered in Australia and is a Lloyd’s approved service company and coverholder of Probitas Managing Agency Limited. Probitas 1492 (Pacific) Pty Ltd is regulated in Australia by the Australian Securities and Investments Commission (Licence No: 545082). We may process your personal data. For information on how your personal data is used and the rights that you have please see the Privacy Notice. If you are providing personal data to us on behalf of another individual, you must provide this Privacy Notice to them. Please find our Terms of Trade here.