Better Information Leads to Better Coverage

Large, listed Retirement Village operator with assets in NZ & Australia facing decreased insurability and hardening insurer market perceptions.

Potential perceived issues by current and potential new overseas insurance markets include:

Identified needs & developed targeted scope of work.
Developed reporting format and content to be aligned with Insurance Market requirements.
Information request & documentation review.
Physical site visit and discussion with client on occupancy, activities, management programs, maintenance, critical areas/assets, key dependencies and mitigations.
Provided the client with recommendations to improve the operational risk profile.

Ability to market their asset correctly and obtain improved insurance cover and capacity, desired insurance limits.
Satisfy financing arrangements (e.g. banks) & Directors’ responsibilities through maintaining insurability.
Widened the market of funders, financers and insurers.

Client Feedback:

“This is a very thorough report and gives us a great snapshot of the village.”

“Thanks for another in-depth report”