Industrial Special Risk (ISR) Insurance is a comprehensive policy designed for businesses with high-value assets or complex operations, typically exceeding $5 million.
Cover that protects the core of your operations
It offers broad coverage, protecting against a wide range of risks, including damage to commercial properties, buildings, machinery, and other physical assets.
What ISR Insurance Covers
ISR Insurance provides coverage for both material damage and business interruption, ensuring your business stays protected in case of unexpected disruptions.
Material Damage Coverage
Loss or damage to buildings, plant, machinery, contents, stock, raw materials, and unregistered vehicles.
Protection against perils such as fire, flood, theft, malicious damage, and accidental damage.
Business Interruption Coverage
Loss of profits, revenue, or rentals.
Increased expenses due to property damage, such as temporary equipment or rental costs.
Payroll, debt repayments, and claims preparation costs.
Disruption from incidents at supplier or customer premises, vital for businesses with complex supply chains.
Additional coverage options may include:
Machinery breakdown
Theft by employees
Worldwide coverage for multiple locations
Cover at a glance
Broad protection for high-value assets, buildings, and machinery
Combined material damage and business interruption cover
Protection against fire, flood, theft, and accidental damage
Cover for loss of profits, payroll, and ongoing expenses
Optional extensions for machinery breakdown and employee theft
Tailored policies for complex operations and multi-site businesses
Who needs it?
Ideal for businesses with high-value assets or complex operations that need broad protection against major disruptions.
Large enterprises
Large or complex businesses with asset values over $5 million.
Key industries
Industries such as manufacturing, warehousing, logistics, healthcare, hospitality, and those with multiple locations or critical supply chain dependencies.
Smaller operators
Smaller companies with significant high-value assets may also benefit from ISR coverage.
Key Points to Remember
While ISR insurance is often called an “all risks” policy, coverage can vary. Always confirm your specific policy details with your broker.
Additional policies, such as Machinery Breakdown or Marine Transit insurance, may be needed to supplement ISR coverage.
The policy is designed for businesses with complex risk profiles, offering protection beyond what standard business insurance provides.
Why Choose ISR Insurance?
ISR Insurance provides a strategic safety net for businesses whose operations would suffer significant financial loss from events like fire, flood, or equipment failure.
If your business needs more than basic coverage and you deal with high-value assets, ISR insurance ensures you’re comprehensively protected.
