Commercial Insurance for Niche Markets Offered by Global Re Broking Solutions.
19th December 2017
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Global Re Broking Solutions in addition to the more standard business insurance products offer some highly niche insurance services for their ever growing group of commercial insurance buyers. Their services are tailored specifically to support the challenges their clients face in placing complex and unusual insurance risks at competitive prices. 

These insurance products are very comprehensive in scope and the offering of each one of the following is after many years of underwriting experience and expertise from the Insurers that now offer them through Global Re’s dedicated Lloyds Broker:

Airside liability

This product has been specially developed for use by concessionaires and contractors needing to work airside at any
UK airport, including the military. It covers Premises Liability, War/Terrorism Liability and also has a Personal Injury Extension.

Aviation product liability

Global Re Broking solutions provides a standalone product liability policy - Aviation Protect - created in partnership
with leading Aerospace Insurance specialists. With product liability cover for firms manufacturing to the aerospace & aviation industries sometimes proving difficult, this product provides comprehensive peace of mind by covering:

  • UK manufacturers of products for incorporation into any aircraft, spacecraft or missile
  • Manufacturers of safety critical and non-safety critical parts, such as exit doors, engine parts, moving parts, lighting, seats, or components
  • Manufacturers of land-based equipment which communicates with Aircraft

Medical products

Meeting the unique needs of manufacturers and suppliers of medical equipment, from needles and hospital beds through to hi-tech equipment such as video endoscopes, this flexible policy has been put together to cover the risks and challenges this industry faces. This market leading policy has been designed to meet the specific needs of each area, each of which has its own risk characteristics. 

This innovative policy covers:

  • Vendors’ liability
  • Financial loss cover available
  • Re-calibration expenses
  • Regulatory approval reinstatement expenses
  • Recall expense cover

Manufacturing

When it comes to the manufacturing sector the key focus for the Global Re Broking Solutions team is to offer comprehensive wording for professional and skilled, premises-based companies who are committed to understanding and managing risks inherent with their business operations.

Manufacturing Protect is designed to cater for a diverse range of industries such as:

  • Metal & Woodworking
  • Glass & Ceramics
  • Textiles & Leather
  • Technology & Electronics
  • Regulated Industries

Cover includes full theft wordings and numerous business interruption extensions with no work-away limits, as long as the client is premised-based.

Print

After working with the print industry for over 15 years, Global Re Broking Solutions specifically tailored commercial combined product, Print Protect, is both flexible and competitive whilst providing the essential additional covers to meet the needs and budgets of all printing and ancillary businesses.

Exclusively approved by the British Printing Industries Federation (BPIF) to supply their Print policy to BPIF members, cover includes full theft wordings and numerous business interruption extensions as standard. Print-specific extensions such as Bookbinders Extension, Inching & Crawling, Libel, Breach of Copyright & Confidentiality are also available.

Property and Casualty

When it comes to insurance there is no one size fits all answer. The ability to be flexible to suit individual requirements is a key part of Global's approach. Their property and casualty cover is available as a standalone product or as part of a wider Commercial Combined product, created flexibly to suit different small-to-medium sized businesses throughout the UK.

Risk management is key. With regular risk surveys you are able to continue to work in a safe and well-managed environment. Underwriting expertise and risk management are given equal importance in their service to you.

Unoccupied properties

This specific product, Unoccupied Protect, can help you find a solution for the following types of unoccupied properties:

  • Offices, shops, factories, warehouses and other commercial properties
  • Houses, flats, apartments, bungalows and other residential properties
  • Properties unoccupied for variety of reasons, such as awaiting sale or let, undergoing refurbishment or renovation or simply just sitting empty

Offered as either a 3, 6 or 12 month policy, this product is designed purely to cater for these difficult to place vacant risks.

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Ian

Member since: 23rd July 2014

Ian Noble is the Owner of 'thebestofHastings', the award winning franchise, providing integrated marketing solutions to SMEs, connecting to the Hastings community and promoting local events in 1066 Country....

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