Liberty Insurance Commercial Risk Appetite Guide - Liberty Insurance Broker
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Liberty Insurance Commercial Risk Appetite Guide
Liberty Insurance Commercial Risk Appetite Guide
About
Liberty Insurance
Liberty Insurance is part of the Liberty Mutual
Group, which was founded in Boston over 100 years
ago with a simple philosophy: doing the right thing
by its customers.
At Liberty Insurance, we of largest corporations in the
believe that when things U.S. based on 2017 revenue.
go wrong, they should start As of December 31, 2017, we
going right the moment you had $39.4 billion in annual
pick up the phone to us. With consolidated revenue.
Liberty Insurance, when it
comes to motor, home and Liberty Mutual employs
commercial insurance, you more than 50,000 people in
have someone in your corner over 800 offices throughout
every step of the way. the world. We offer a wide
range of insurance products
The company operates from and services, including
offices in Cavan and Dublin. personal automobile,
Our Irish customers can feel homeowners, commercial
secure in the knowledge multi-peril, property,
that we provide high quality general liability, commercial
products at great value with automobile, surety, workers
an unrivalled local service, compensation, specialty
offering peace of mind lines, and reinsurance.
so they can fully enjoy the
experiences of family-time,
driving their car or securing
their home.
We are official sponsor of
the All-Ireland Camogie
Championships and the Liberty
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Mutual
Liberty
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rated
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customers
customers
Liberty Mutual is ranked
company
company
company insurance insurance
insurance in Ireland
in Ireland
in Ireland
68th on the Fortune 100 list
Liberty Mutual United
States
Ireland Russia
employs more
China
than 50,000
people in
approximately
Thailand
Hong Kong
800 offices Colombia Vietnam
Ecuador Singapore
throughout
Malaysia
Chile
the world... Spain
Portugal
India
Brazil
pg 2
Commercial Property & Liability
Features & Benefits
Our Commercial Property offering is available as either part of
a comprehensive package policy including commercial liabiilty
or as a stand alone product offering. Below we have listed our
standard covers and extensions as well as some new cover
enhancements.
Property
Material Damage All Risks
Extensions
Trace & Access Unlimited
Changing Locks Unlimited
Clearing of Drain Unlimited
Debris Removal Unlimited
Professional Fees Unlimited
Glass Unlimited
Landscaping Unlimited
Emergency Services €25,000 (higher limit available upon request)
Metered Charges €10,000
Capital Additions 10% of Sum Insured capped at €250,000
Fire Extinguishment Expenses €25,000
Re-Erection of Plant & Machinery Unlimited
Seasonal Increase 10%
Claims Preparation Costs €10,000
Involuntary Betterment €50,000 (new cover enhancement)
Adaptation Clause (Energy Performance & €50,000 (new cover enhancement)
Sustainable Buildings & Debris Recycling)
Undamaged Stock €25,000 (new cover enhancement)
Emergency Security Costs following Damage €25,000 (new cover enhancement)
Fly Tipping €5,000 any one claim (new cover enhancement)
Exhibitions €10,000 (new cover enhancement)
pg 3
Liberty Insurance Commercial Risk Appetite Guide
Business Interruption
Extensions
Prevention of Access Limit up to €250,000
Prevention of Access (Non Damage) Limit up to €50,000
Land Based Premises - Limit up to €250,000
Public Utilities
Terminal Ends - Limit up to €100,000
Infectious Diseases Limit up to €250,000
Loss of Attraction €100,000 / 20% of Sum Insured (new cover enhancement)
Specified Suppliers & Specified Customers Limit up to €250,000
Additional Rental Charge €25,000 (new cover enhancement)
Contract Sites €150,000
Property Stored Limit up to €250,000
Group Interdependency Limit up to €250,000
Professional Insured - Documents Limit up to €250,000
Money
Standard Limit €20,000, increased limits available upon request
Custodian Clause Generous Limits as follows:
Up to €6,000 1 able bodied adult
Between €6,001 to €13,999 2 able bodied adults
Between €14,000 to €20,000 3 able bodied adults
Over €20,000 by a specialist carrier as agreed with the Company
Frozen Food
€4,000 Limit per Appliance (higher limit available upon request)
Goods In Transit
€5,000 Limit any one Conveyance (higher limit available upon request)
Computers All risks
Increased Cost of Working
Additional Property
Additional Rental
Automatic Reinstatement
Breakdown or Derangement
Debris Removal Costs
Measures taken in Avoidance of Impending Loss or Damage
Professional Accountants Charges
Reinstatement of Data
Reinstatement of Programs
Liberty Insurance Commercial Risk Appetite Guide
Employers, Public/Products Liability
Available Limits (includes excess of loss)
Employers Liability €15,000,000 Indemnity limit inclusive of legal costs
Public Liability €15,000,000 Indemnity limit excluding legal costs
Products Liability €15,000,000 Aggregate Indemnity Limit excluding legal costs
Standard Extensions
Contractual Liability extension
Court attendance fees
Wrongful arrest cover (sub limits for select trades)
Possible Extensions to Cover*
Airside Liability
USA/Canada
Extended Products inefficacy
*Subject to satisfactory assessment of the risk proposed
Applicable to all Cover Classes
Positive Risk Features Negative Risk Features
Non Combustible Construction Derelict Properties
Appropriate Fire Protections Unoccupied with Poor Controls
Appropriate Security Protections Poor Claims Experience
Good Claims Experience
Proactive Risk Management
100+ years
of experience
in insurance
pg 5
Liberty Insurance Commercial Risk Appetite Guide
Stand Alone Stand Alone Cross Class
Building & Allied Trades
Liability Contractors All Risk Client View
Builder: Domestic / PDH Yes Yes Yes
Builder: Commercial Construction / Renovation Yes Yes Yes
Suspended Ceiling Contractor Yes Yes Yes
Painter & Decorator Yes Yes Yes
Fit Out Contractors Yes Yes Yes
Carpet Fitter Yes Yes Yes
Plasterer & Drylining Contractors Yes Yes Yes
Fencing Contractor Yes Yes Yes
Plant Hire Contractor Yes Yes Yes
Tiling (and flooring) Contractor Yes Yes Yes
Electrician Yes Yes Yes
Electronic Control Installation & Maintenance Yes Yes Yes
Landscape / Market Gardener & Nurserymen Yes Yes Yes
Renewable Energy Contractors Yes Yes Yes
Minimum Premium €10,000.00 €5,000.00 €10,000.00
Stand Alone Stand Alone Cross Class
Property Driven Target Trades
Property Liability Client View
Real Estate consisting of but not restricted to
offices, retail, shopping centres, car parks and Yes Yes Yes
industrial premises.
Distillery Yes No Yes
Modern purpose built hotels Yes No No
Warehouse, wholesale and distribution risks Yes No Yes
Financial services companies Yes Yes Yes
Retail including supermarkets Yes No No
Care homes/nursing homes* Yes No Yes
Leisure Centres/Athletic Clubs Yes No No
Unoccupied Properties (modern commercial)** Yes No Yes
Minimum Premium €5,000.00 €2,500.00 €5,000.00
pg 6
Liberty Insurance Commercial Risk Appetite Guide
Stand Alone Stand Alone Cross Class
Miscellaneous Trades
Property Liability Client View
Office / Business Machinery Yes Yes Yes
Light Manufacturing Yes Yes Yes
Precision Engineers Yes Yes Yes
Lawnmower & Garden Equipment Yes Yes Yes
Refrigeration Equipment Yes Yes Yes
Carpet & Rug*** Yes Yes Yes
Clothing Yes Yes Yes
Fruit and Vegetable*** Yes Yes Yes
Meat, Fish & Poultry (not slaughtering) No Yes No
Dairy Produce No Yes No
Processed Food No Yes No
Card & Cardboard*** Yes Yes Yes
Stationery Yes Yes Yes
Paper*** Yes Yes Yes
Electronic Component Yes Yes Yes
Control Panel Equipment Yes Yes Yes
Musical Instrument Yes Yes Yes
Sports Goods Yes Yes Yes
Computer Equipment Yes Yes Yes
Telecommunications Equipment Yes Yes Yes
Signage Company Yes Yes Yes
Electrical Assembly Work Yes Yes Yes
Printers (modern) Yes Yes Yes
Watch & Jewellery Yes Yes Yes
Minimum Premium €5,000.00 €10,000.00 €10,000.00
* Care homes/nursing homes is a facility exclusive with AON who may consider wholesale enquiries
** Modern Construction, Strong Fire & Security Protections
*** Sprinklered / best in class
Liberty Mutual is ranked 68th
on the Fortune 100 list of
largest corporations in the
U.S. based on 2017 revenue.
pg 7
Motor Fleet
Features & Benefits
Our fleet cover is available to businesses with 5 or more
company vehicles. Comprehensive packages provide cover
for commercial vans, company cars and many types of large
commercial vehicles. We also cover special type vehicles such
as diggers, dumpers and forklifts.
Key Policy Features Risk Features
• Available for private cars, goods carrying At Liberty Insurance we can consider over 1,000
vehicles, agricultural vehicles, special type Trades for Fleet Insurance. We have a broad
vehicles and trailers appetite but where we are particularly strong is:
• Open Driving (we’ll cover all drivers aged • Established Companies
25-70 with a full clean European licence as • Pro-Active Claims Management
standard)
• Low Claims Frequency
• Blanket certificates
• Own Goods Fleets
• Risk Management - We take a proactive
approach to risk helping you to avoid losses,
with our own Liberty Insurance Risk Surveyor Risk Features we may take into account are:
who can help guide you in protecting your
• Airside Exposure
employees and other road users
• Hazardous Goods
• European Cover, we’ll automatically give you
the minimum cover required to drive in all • Continental Haulage
European Union countries
• Unlimited Windscreen Cover on Risk Features we do not wish to consider:
Comprehensive road vehicles via our
guaranteed repairer • Private and Public Hire vehicles
• Guaranteed Repair Network, we can provide • Self-Drive Hire
a courtesy vehicle whilst your vehicle is being • High Claims Frequency
repaired by a Liberty guaranteed repairer (for
private cars and goods carrying vehicles up
to 3.5 tonnes)
pg 8
Liberty Insurance Commercial Risk Appetite Guide
Target Trade Areas
Accountancy
Advertising
Architecture
Auditors
Baking Industry
Building Trade
Carpentry
Carpet Fitting
Cement/Concrete Suppliers Standard Covers
Civil Engineering
Computer Industry • Personal Injury Unlimited
Construction Industry • Third Party Property Damage limits of up to:
Electrical Contractors - €30m for Private cars
Electricity Industry - €6.5m for Commercial vehicles
Farming • Emergency Treatment Cover
Financial Services • Unauthorised Movement of Vehicles
Fish Merchants
• Contingent Liability
Glaziers
• Cross Liabilities
Haulage Contractors
Heating Consultant/Services • Directors Vehicles
Insurance Industry • Legal Costs
Joinery • Trailers and Mechanically Disabled Vehicles
Loss Adjusting • Indemnity to Principals
Machine Tool Suppliers
Maintenance Services
Manufacturing
Tailored Policies
Newsagents
Office Equipment Suppliers Our policies can be fine-tuned to suit your
Office Fitters company needs:
Painter and Decorator
Planning Consultancy Variable cover options for each vehicle:
Plant Hire • Comprehensive
Plumbing • Third Party, Fire and Theft
Printing Services • Third Party Only
Project Management
Property Developers Multiple Vehicle types:
Quality Surveyors
• Goods carrying vehicles of 44,000kg gross
Quarries vehicle weight
Safety Equipment Suppliers
• Business cars for social, domestic and
Solicitors
pleasure and business use.
Steel Industry
• Forklifts
Stockbroking
Stonemasonry
Surveyors
Wholesalers
pg 9
Liberty Insurance Commercial Risk Appetite Guide
Commercial Contacts
Key Contact List
General Transactions
New Business Submissions newbusiness@libertyinsurance.ie 1890 89 1890
Non-motor MTA, Claims
businesscustomercare@libertyinsurance.ie 1890 89 1890
Experience Requests
Fleet MTA's, Claims
fleetcustomercare@libertyinsurance.ie 1890 89 1890
Experience Requests
Underwriting Team - Commercial Non-Motor
Thomas Byrne thomas.byrne@libertyinsurance.ie 087 787 8847
Ciaran Dempsey ciaran.dempsey@libertyinsurance.ie 087 983 0047
Dan McGovern dan.mcgovern@libertyinsurance.ie 087 272 9445
Pauric McGovern pauric.mcgovern@libertyinsurance.ie 086 193 3071
Brian Moran brian.moran@libertyinsurance.ie 086 027 3367
Rob Purser rob.purser@libertyinsurance.ie 086 773 7118
Rachael Raftery rachael.raftery@libertyinsurance.ie 083 457 8179
Paul Sherry paul.sherry@libertyinsurance.ie 086 787 9300
Liberty Mutual are a
leading global insurer with
operations in 30 countries and
economies around the world.Liberty Insurance Commercial Risk Appetite Guide
Underwriting Team - Commercial Fleet
Gary Curran gary.curran@libertyinsurance.ie 087 667 5436
Karl Fagan karl.fagan@libertyinsurance.ie (01) 553 4622
Janice Smith janice.smith@libertyinsurance.ie 087 195 5768
Joe Tackney joseph.tackney@libertyinsurance.ie 049 436 8125
Broker Relations Team
Richard Sharp richard.sharp@libertyinsurance.ie 087 913 4455
Paul Whelan paul.whelan@libertyinsurance.ie 086 103 6593
Jonathan Ferris jonathan.ferris@libertyinsurance.ie 087 196 7124
Head of Broker Relations
Michael Skelton michael.skelton@libertyinsurance.ie 087 627 3818
Risk Surveyor
David Coffey david.coffey@libertyinsurance.ie 087 415 5990
Head of Commercial Underwriting
Michael Cronin michael.cronin@libertyinsurance.ie 086 381 2868
Senior Commercial Manager
Andrew Bailey andrew.bailey@libertyinsurance.ie 087 317 1720
pg 11Liberty Insurance dac is regulated by the Central Bank of Ireland.
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