You need expert underwriters to assess your client’s risk and present the most suitable cover, terms and, of course, premium. We underwrite Commercial Property with a preference for large SME to mid-corporate clients.
Our expertise enables us to do just that. Whether it is looking at a portfolio or whole account cross-class deals, we are focused on providing the property cover needed. Co-insurance on large risks is considered, where we will assess the structure and merit of underwriting on a case-by-case basis.
We underwrite risks domiciled in across Canada in Nova Scotia, Ontario, Saskatchewan, Manitoba, Alberta, British Columbia and via our London team in all other provinces and territories. Local licensing is still underway for PEI, Newfoundland, New Brunswick, Nunavut, Northwest Territories and Yukon.
Our Capacity Up to CAD$20m depending on the risk profile.
Up to CAD$20m depending on the risk profile.
We partner best with sophisticated policyholders who treat our capacity as a true risk transfer mechanism, rather than a maintenance policy.
We offer primary or excess placements and can support lead or subscription follow positions, depending on the insured’s specifics. We can also offer package and cross-class solutions.
Our underwriting appetite is industry agnostic – we will write office blocks through to heavy manufacturing.
Whether it is SME or a FTSE 250 client, offices, retail, or hospitality, we are dedicated to consistently demonstrating our solution-based underwriting.
We consider modern high-tech industries such as pharmaceuticals and electronics, through to more established industries such as metal and mineral processing.
In an increasingly mobile and interconnected world, we welcome submissions from the onshore transportation sector, including airports and road networks.
As a modern insurer, we have a broad appetite for risks including the following occupations:
We will consider higher hazard trades, subject to strong client risk management.
Commercial Property Liability Application
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Probitas Syndicate 1492 is managed at Lloyd’s by Probitas Managing Agency Limited. Probitas Managing Agency Limited is registered in England and Wales (No. 12242600) at 88 Leadenhall Street, London, EC3A 3BP and is authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Firm Reference Number 931446). Probitas 1492 (Canada) Inc. is registered in all provinces and territories in Canada and is a Lloyd’s approved Service Company and Coverholder of Probitas Managing Agency Limited. We may process your personal data. For information on how your personal data is used and the rights that you have please see the Privacy Notice. If you are providing personal data to us on behalf of another individual, you must provide this Privacy Notice to them. Please find our Terms of Trade here