Industrial Special Risks Insurance

Businesses with high-value assets or extensive operations face a wide range of risks that could result in significant financial losses. From property damage and machinery breakdowns to unforeseen disruptions, protecting these assets is essential to maintaining business continuity.

Industrial Special Risks (ISR) Insurance is a comprehensive policy designed to safeguard high-value physical assets, including buildings, materials, and equipment, against various loss or damage scenarios. If your business owns commercial property or insured assets exceeding $5 million in value, it may be worth speaking with your insurance broker to explore whether ISR Insurance is the right solution for your needs.

What is Industrial Special Risks (ISR) Insurance?

ISR Insurance is a wide coverage business insurance policy that provides cover for a range of loss scenarios or damage done to high value physical assets including property, buildings, materials and machinery.

An ISR Insurance policy provides cover for property damage to your valuable assets by any cause not excluded under your policy. Cover can include:

• Loss and/or damage to buildings, plant and machinery, contents, stock, raw materials, unregistered vehicles and the property of Directors and employees
• Loss of profits, revenue or rentals and/or increased expenses caused by damage to insured property
• Loss of profits, revenue or rentals and/or increased expenses caused by contingent damage to property at the premises of suppliers, customers and utilities
• Burglary, theft of money and employee dishonesty
• Accidental damage and glass breakage