Property

We understand the complex risk as an opportunity and offer alternative quotes generated with an engineering-led approach.

 

We support the client’s decision-making process with valuable risk prevention services with the objective to lift the customer experience to next higher level.

 

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Our Approach

Our approach is defined by disciplined behaviour towards the specific mandate we execute. Our Underwriters perform analysis on trading activities and construction class of the facilities, while they expect to identify reasonable installed fire protections and an advanced risk management behaviour.

OUR UNDERWRITING STRATEGY

Direct Commercial Insurance within the European Economic Area based on bespoken mandates.

Facultative (Proportional and Excess of Loss) depends on industries, but mainly wholesale based.

Segments we write Direct, we do not write Facultative.

Minimum Premium: €3.500 (our share).

POLICY LIMITS AND FORMS

DIRECT: Up to €15m capacity with the ability to increase with coinsurance.

FACULTATIVE: the capacity may vary depending on segments (please refer to Applications).

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Product Description

We offer modular and tailored products for each target industry and risk size. While individual Property applications may vary, the product framework remains the same: clear risk selection criteria, digital data capturing and processes to create a distinctive customer experience.

TARGET RISK CLASSES
  • Individual Risks and Portfolios of Real Estates, Public entities and Educational establishments.
  • Communication Companies
  • Hotels and Resorts
  • Light Manufacturing
TYPE OF COVER WE OFFER

Material Damage
Business Interruption (BI) / Contingency BI
Machinery Breakdown and Loss of Profit
Theft

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Application

AndaSME     Insurance Coverholder
AndaTECH   Facultative Broking Services
AndaSPEC   Specialty Lines (Direct & Facultative)

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Why choosing Andawrite?

We operate only with specialized Underwriters capable to influence underwriting upfront.

We partner with reputational European insurers committed to the market we operate in.

We offer access to first-class Reinsurers interested in working strategically with Andawrite.

We facilitate the access to a platform of valuable Risk and Loss Control Management.

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