Property

Large modern factory with robots and machines producing industrial plastic pieces and equipment.

Cover for a business’ physical assets, from stock and machinery to buildings and contents.

A commercial property solution

Industrial special risk (ISR) covers any physical loss or damage to property related assets unless otherwise specifically excluded. The policy can also cover loss of profits associated with the property related claim and contingent interruptions.

The ISR policy provides essential cover for assets of the insured located anywhere in Australia including:

Burglary
Flood
Property in the open air
Closure by a Public Authority
Additional increase cost of working

Malicious damage
Accidental damage
Employee and Director's personal effects

Storm
Glass breakage
Claims preparation costs

QBE's policy schedules are formatted in a way which makes them easier to follow reducing ambiguity and ensuring contract certainty.

QBE's commercial property highlights

Capacity	Sizeable capacity can be deployed
Wordings	Industry Mk IV & V wordings, and we subscribe most broker cluster wordings Manuscript and nonstandard wording appetite
Sub limit	Flexible sub limit appetite
Appetite to write risks	Higher hazard risks Broad geographical areas Overseas locations
Co-insurance appetite	Willingness to participate with other insurers for more complex placements
Local decision makers	Empowered underwriters located in all major cities
Quick responses	We action opportunities in a timely manner
Loss control solutions	Flexibility when considering opportunities without surveys

Need more than just ISR?

Get more than ISR. We offer the following standalone products in conjunction with our ISR offering:

General property
Theft / Money
Electronic equipment

Machinery breakdown
Fidelity guarantee
Conference, events and weather

General liability and professional indemnity extensions also available.

Find out more about our Commercial Property insurance offering.

Ensure your quote request is complete

Help ensure your quote moves forward as quickly as possible. Find out more about the minimum information we require for property (ISR).

Support at claim time

If an incident damages a customer's commercial property, our teams act quickly. From facilitation of fast onsite assessments and partial payments, to working closely with builders and restorers, we provide the practical support and ongoing communications needed to ensure operations can continue and disruptions is minimised.

Find out more about making a property claim.