Has Your Property Outgrown Its Business Pack?

A business pack bundles common small-business covers - property, contents, liability, business interruption - into one simple policy. It suits standard SME risk. It starts to fall short once the building value climbs, the tenant mix gets complex, the risk turns high-hazard, or you keep hitting the pack's sub-limits and appetite. At that point a specialist commercial property or ISR policy fits the exposure far better.

Move up when the building outgrows the pack: a value above a pack insurer's comfort (often around $5M+), multi-tenancy or a difficult tenant mix, an occupation the pack won't accept, sub-limits that no longer match the real exposure, a portfolio of properties, or a renewal or claim where the pack insurer capped or non-renewed. Any one of these is a reason to look at a specialist structure.

An Industrial Special Risks (ISR) policy is a broader, higher-limit commercial property policy built for larger or more complex buildings. It works on an 'all risks' basis - cover for any physical loss or damage that isn't excluded, rather than a fixed list of named events - and gives more flexibility on sections, limits and how the schedule is structured. It is the policy most buildings move into once they outgrow a pack.

Not automatically. ISR is structured for larger and more complex risk, so the premium reflects the value and exposure being covered - but the right structure and the right market can also remove the loadings and sub-limit gaps a pack carries on a building it was never designed for. We compare the pack against an ISR or specialist property option so you can see the real difference for your building.

A pack insurer capping or walking away from a building is usually a sign the risk has outgrown the product, not that the cover doesn't exist. We map the specialist property and ISR markets with appetite for the building and present it properly. See our declined commercial property cover page, then send us the schedule and the decline so we can approach the right markets.

Often, yes. Portfolio growth is one of the clearest reasons to move off a business pack. A specialist property or ISR structure can bring multiple buildings onto one schedule with limits and sections set across the portfolio, rather than juggling a separate pack on each property.