Industrial Special Risks Insurance Brokers
Specialist ISR placement for commercial properties, industrial facilities, and complex assets that need broader cover than standard policies provide.
ISR
Specialists
$5M+
Property Cover
15+
ISR Insurers
Recognition
ISR works the other way around to standard property insurance. Instead of covering named events, it covers everything unless it's specifically excluded.
Industrial Special Risks (ISR) insurance is designed for higher-value or more complex commercial properties where a standard business pack doesn't provide enough protection. ISR policies are individually underwritten by specialist markets, giving you broader cover, higher limits, and more flexibility than off-the-shelf products.
If your property has been declined by mainstream insurers, if your building value exceeds $5M, or if your risk profile is too complex for standard products, ISR is usually where we find the right solution. We prepare detailed submissions covering construction, tenancy, fire protection, and valuations to present your risk properly to the right underwriters.
ISR is a property-only policy. We arrange the appropriate liability cover separately to sit alongside your ISR, so you get comprehensive protection without gaps.
ISR POLICY STRUCTURE
What an ISR policy covers
An ISR policy consolidates multiple cover sections into a single, comprehensive document. Here are the core sections.
Property Damage (All Risks)
Building, contents, stock, and plant covered against all risks unless specifically excluded. Fire, storm, flood, impact, malicious damage, and more.
Business Interruption
Loss of gross profit, increased cost of working, and loss of rent while your property is being reinstated after an insured event.
Machinery Breakdown
Essential building systems - HVAC, lifts, switchboards, generators, and process equipment. Covers sudden mechanical or electrical failure.
Extensions & Endorsements
Glass breakage, theft, money, electronic equipment, and other extensions tailored to your property's specific operations and risk profile.
Property Damage (All Risks)
Building, contents, stock, and plant covered against all risks unless specifically excluded. Fire, storm, flood, impact, malicious damage, and more.
Business Interruption
Loss of gross profit, increased cost of working, and loss of rent while your property is being reinstated after an insured event.
Machinery Breakdown
Essential building systems - HVAC, lifts, switchboards, generators, and process equipment. Covers sudden mechanical or electrical failure.
Extensions & Endorsements
Glass breakage, theft, money, electronic equipment, and other extensions tailored to your property's specific operations and risk profile.
SPECIALIST PLACEMENT
Properties We Place ISR For
ISR is the right solution for higher-value or more complex commercial properties that don't fit neatly into standard insurance products.
ISR PLACEMENT
How We Place ISR Cover
ISR policies require specialist broking. The submission process is more involved, the underwriting markets are different, and the policy wordings are more complex than standard property insurance. We've placed ISR for properties declined by 10+ mainstream insurers.
01
Specialist Underwriter Access
We work with ISR underwriters including Ocean, Halo, Axis, Pen, Brooklyn, Haven, Chase, and Lloyd's syndicates who focus exclusively on complex commercial property risks.
02
Detailed Submission Preparation
ISR placements require comprehensive submissions. We prepare detailed risk profiles covering construction type, tenancy schedules, fire protection systems, flood mapping, and current building valuations.
03
All Risks Cover, Fewer Gaps
ISR policies work on an 'all risks' basis - covering everything unless specifically excluded. This means fewer gaps than named perils policies, and broader protection for complex properties.
04
Liability Paired Separately
ISR doesn't include liability. We arrange the right public liability, management liability, and other covers alongside your ISR so your total protection package is complete.
POLICY SCOPE
What Does an ISR Policy Cover?
Unlike standard property insurance that covers named perils, ISR works the other way around. It covers everything unless specifically excluded. This is why it's the preferred option for complex or high-value commercial assets.
Usually Covered
Not Typically Covered
REAL-WORLD SCENARIOS
When ISR Makes the Difference
These are the types of situations where ISR placement is the right approach - and where we've delivered results for clients.
A flood-zone retail complex with 7 tenancies and accommodation wing declined by 10 mainstream insurers. Placed through specialist ISR at ~$80,000 including flood.
A multi-tenanted industrial building with trade workshops. Only quote was $44,000. We placed with a specialist at $15,000 - saving the owner $29,000.
A vacant 1960s warehouse needed cover for settlement. 7 insurers declined on vacancy. Placed through ISR at $3,000 on a 6-month policy.
A body corporate scheme with $20M+ sum insured that outgrew standard strata products. Placed through ISR with broader cover and better excess terms.
A manufacturing facility with spray-painting operations that mainstream insurers wouldn't touch. Placed through a specialist ISR underwriter who understood the fire protection systems.
A multi-property commercial portfolio consolidated under a single ISR programme. One renewal date, one broker, consistent cover across all assets.
A flood-zone retail complex with 7 tenancies and accommodation wing declined by 10 mainstream insurers. Placed through specialist ISR at ~$80,000 including flood.
A multi-tenanted industrial building with trade workshops. Only quote was $44,000. We placed with a specialist at $15,000 - saving the owner $29,000.
A vacant 1960s warehouse needed cover for settlement. 7 insurers declined on vacancy. Placed through ISR at $3,000 on a 6-month policy.
A body corporate scheme with $20M+ sum insured that outgrew standard strata products. Placed through ISR with broader cover and better excess terms.
A manufacturing facility with spray-painting operations that mainstream insurers wouldn't touch. Placed through a specialist ISR underwriter who understood the fire protection systems.
A multi-property commercial portfolio consolidated under a single ISR programme. One renewal date, one broker, consistent cover across all assets.
POLICY COMPARISON
ISR vs Standard Commercial Property Insurance
All Risks vs Named Perils
Standard policies list what's covered. ISR lists what's excluded. Anything not excluded is covered - that's a fundamentally different starting point.
Higher Limits and Flexibility
ISR policies handle higher sums insured and can be tailored with endorsements for specific operations, tenancy profiles, and geographic risks.
Comprehensive Business Interruption
ISR typically includes more thorough BI cover, including loss of gross profit, increased cost of working, and extended indemnity periods.
ISR MARKET ACCESS
Who We Place ISR With
ISR underwriters don't deal directly with the public. You need a broker who knows which markets to approach and how to present your risk.
Specialist ISR Underwriters
Ocean Underwriting, Halo Underwriting, Axis Underwriting, Pen Underwriting, Brooklyn Underwriting, Haven Underwriting, Chase Underwriting + more
Major Insurers with ISR Appetite
QBE, Zurich, Allianz, Chubb, CGU, Vero, Hollard
Hard-to-Place Risks
Lloyd's of London syndicates through specialist Australian coverholder agencies
When mainstream insurers decline your property because of flood zones, vacant buildings, or high-risk tenants, these specialist markets are often where we find the right solution. We've used this panel to place cover after 10+ consecutive declines.
REAL WORLD PLACEMENTS
ISR Placements We've Made
Real examples of commercial properties we've placed cover for when mainstream insurers couldn't. Each of these required specialist ISR broking to get across the line.
CLIENT REVIEWS
What our clients say
"Marel and Jack are the best in the business. Very honest and always work hard to ensure you get the best coverage at good value."
— Sanak Ahmed , Western Chartered Accountants
"Jack and Brady helped me save money on my premiums. Great team and great results, highly recommend."
— Jake Eillot , Director of William Advisory Group
"Very knowledgeable and patient... stepped me through everything to make sure I was aware of what everything was."
— Conor Molloy , Director of Cormay Plumbing
ISR RESOURCES
ISR Guides and Resources
Speak directly with a broker who specialises in ISR placement for complex commercial properties.
Contact ISR Specialist →COMMON QUESTIONS
Common ISR Questions
WHY WORK WITH US
What Sets Us Apart for ISR Placement
ISR requires specialist broking. Here's why commercial property owners and landlords choose us for their ISR placement.
ISR submissions are more involved than standard property. We prepare detailed risk profiles covering construction, tenancy, fire protection, flood mapping, and building valuations to present your risk properly to underwriters.
We work with specialist ISR underwriting agencies like Ocean, Halo, Axis, Pen, Brooklyn, Haven, and Chase - plus Lloyd's syndicates that don't deal directly with the public.
We've saved clients up to $29,000 on a single ISR placement by accessing specialist markets that quote at a fraction of mainstream alternatives. Re-marketing at every renewal is standard.
Properties declined by 5, 7, even 10+ mainstream insurers are our bread and butter. We've placed ISR for flood-zone properties, vacant buildings, and buildings with high-risk tenancies that others couldn't cover.
ISR is a property-only policy, so we arrange the appropriate liability cover to sit alongside your ISR policy. You get comprehensive protection across property and liability.
Through the Steadfast network, we can refer you to valuation specialists to make sure your sum insured reflects actual rebuilding costs. Getting this right is critical for ISR.
We re-market ISR policies every year across our panel. If your current insurer is still the best option, we'll tell you. If there's a better deal, we'll move you. No auto-renewals.
When you need to make a claim on an ISR policy, we manage the process from lodgement through to settlement, coordinating with loss adjustors and underwriters on your behalf.
If you own multiple commercial properties, we can manage your entire ISR portfolio under a single programme. We consolidate renewals, coordinate placements, and make sure each property is covered appropriately.
FAQ
ISR Insurance FAQ
Need ISR Cover for Your Commercial Property?
Whether your property has been declined by mainstream insurers, your building value exceeds $5M, or your risk profile is too complex for standard products, we can help.
Sydney-based. Backed by the Steadfast Network and NIBA members.