Property has been one of our central and most successful business lines since the company began operations in 2002.
Our experienced team of underwriters insures a global portfolio of property risks. Whilst our historical focus has been the Middle East and North Africa (MENA) region, we insure clients in the international market, including South and Central America, the Caribbean, Europe, Africa, the Far East and Australasia.
Our clients include a wide range of businesses involved in sectors such as leisure, commercial and industrial property, manufacturing, heaving industry and infrastructure. We insure a spectrum of property-related risks such as property damage, business interruption, machinery breakdown and machinery loss of profits.
Our property team works from offices in London, Amman, Dubai and Casablanca and has a strong track record of delivering high levels of service to our clients, including the prompt settlement of valid claims.
IGI has a lead capability with a maximum line of US $35 million for any one risk.
Worldwide, excluding natural catastrophe perils in the US.
Main classes include but not limited to:
- Property damage
- Machinery breakdown
- Resultant Business Interruption claims
Major sub-classes but not limited to:
- Commercial property
- Industrial property
- Civil works
- Heavy industry