PRODUCTS

The term High Risk Property means different things to different underwriters. This poses seriously challenges to property investors or commercial owners who look for consistency aand certainty.

The term is fluid, based on the insurance market cycle. The property insurance market is hardening so the term is used more often. We’ve seen insurers withdrawing from the property market, restricting cover and in some instances withdrawing cover midterm.

A vacant property carries a higher risk of structural damage. Many insurers won’t provide protection when properties are unoccupied for extended periods of time. AU provides relevant protection to the Commercial Real Estate sector.

Australians want more recycling, less landfill and less overall waste. The sector is developing a full end to end solution. Processes can be hazardous and insurance is fundamental to continued investment and growth of the sector. AU delivers where others won’t.

As the country transitions to sustainable energy production, AU provides insurance protection to support accelerated investment in the sector across infrastructure development and operational risks.

Tropical cyclones are on the increase as a result of climate change, which means the threat of damage to economies, and the demand to mitigate their impact, is increasing too.

Insurance provision is the economic safety net to help communities recover from these events but it’s becoming more challenging to access. AU delivers where others won’t.