A commercial property solution
Industrial special risk (ISR) covers any physical loss or damage to property related assets unless otherwise specifically excluded. The policy can also cover loss of profits associated with the property related claim and contingent interruptions.
The ISR policy provides essential cover for assets of the insured located anywhere in Australia, including:
- Burglary
- Flood
- Property in the open air
- Closure by a Public Authority
- Additional increase cost of working
- Malicious damage
- Accidental damage
- Employee and Director's personal effects
- Storm
- Glass breakage
- Claims preparation costs
QBE's policy schedules are formatted in a way which makes them easier to follow reducing ambiguity and ensuring contract certainty.
QBE's commercial property highlights
| Capacity | Sizeable capacity can be deployed |
| Wordings |
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| Sub limit | Flexible sub limit appetite |
| Appetite to write risks (subject to underwriting review and acceptance) |
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| Co-insurance appetite | Willingness to participate with other insurers for more complex placements |
| Local decision makers | Empowered underwriters located in all major cities |
| Quick responses | We action opportunities in a timely manner |
| Loss control solutions | Flexibility when considering opportunities without surveys |
Need more than just ISR?
ISR companion covers (optional):
- Engineering – Machinery Breakdown (incl. optional BI/spoilage)
- Electronic Equipment (sudden & accidental damage, repair/replacement basis)
- General Property (portable/miscellaneous items; away-from-premises exposure)
Subject to underwriting, agreed limits/sub-limits and policy terms, conditions and exclusions.
Find out more about our Commercial Property insurance offering.
Ensure your quote request is complete
Help ensure your quote moves forward as quickly as possible. Find out more about the minimum information we require for property (ISR).
Support at claim time
If an incident damages a customer’s commercial property, our teams act quickly. From facilitation of fast onsite assessments and partial payments, to working closely with builders and restorers, we provide the practical support and ongoing communications needed to ensure operations can continue and disruptions is minimised.
Find out more about making a property claim.