Renovation Asset
A comprehensive policy for UK commercial property owners and developers who renovate, refurbish or extend an existing property, or undertake new builds. Applicable for developments with rebuild costs up to £50 million and contract works value up to £150 million.
A specialist policy designed for commercial renovation, refurbishment or construction
Packaged under one single policy (for the existing structure, the contract works and the property owner’s liability exposures), Asset offers a solution to the challenges faced with traditional Property Owner’s policies where contract works cover can be heavily restricted after a certain threshold has been breached.
- For UK commercial projects requiring a project specific policy - Owner Controlled Insurance Programme - OCIP.
- Rebuild costs – up to £50 million
- Contract value – up to £150 million
- Alterations and new builds
- Listed buildings and unusual structures
Why we are the right choice
We’re on a mission to ensure that homeowners protect their most financially and emotionally valuable asset at the point of greatest risk. Nobody should lose their home because they are not properly insured during a renovation project.
Product Documentation
A comprehensive commercial policy for high-value development projects; from the market leaders in private client contract works insurance.
