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Property Risk Evaluation Survey

Calculate your limit and differentiate your risk to insurers with a Property Risk Evaluation Survey

Businesses may find it difficult to obtain a Property Policy that is most suited to their assets without a methodical and tailored approach to providing the relevant property information to underwriters. The lack of quality data may affect an insurer’s willingness to provide coverage for property risks and consequential business interruption exposures. It may also influence the policy terms and price of the coverage.

With a Marsh Property Risk Evaluation survey, you’ll gain an understanding of your organisation’s property risks onsite, your onsite risk mitigations and recommendations for improvement. This will be provided to insurers to give them confidence about the property risks onsite and how they are managed. Other benefits include:

  • Provides the confidence that you are satisfying your disclosure by informing your underwriter of material property risks 
  • Puts your organisation in a strong position to manage the expectations of a property insurer by identifying, quantifying and highlighting management action for hazardous risks 
  • Presents an accurate and thorough profile of the insured property
  • Creates a better position to obtain broader coverage terms and a competitive price 
  • Provides a better understanding of the opportunities which may exist to mitigate risks, improve your organisation’s risk profile and potentially save money when purchasing insurance


What's involved?

The Property Risk Evaluation survey will review the following aspects of your organistion’s assets:

  • Operations conducted at each of the properties and the potential hazards that they present 
  • Construction and occupancy of buildings 
  • Strategies for managing plant and maintenance risks 
  • Fire risk and protection installations
  • Security arrangements 
  • Exposures (e.g. natural perils) 
  • Other management procedures which reduce risk 

The property underwriting information will be collected by one of our Property Risk Consultants by formally inspecting your property and interviewing appropriate personnel within your organisation.

Following these assessments, a Property Risk Evaluation report will be prepared for submission to underwriters. This report will include any recommendations your organisation has agreed to implement to reduce potential loss exposures. All recommendations will be presented in a prioritised action plan to assist you with their implementation. Quantified business cases may also be developed where considered necessary.


Who should participate?

  • Risk and Insurance Managers 
  • Facility and Asset managers 
  • Property Managers 


How it is delivered

Onsite property inspection and interviews (can all be done virtually if required).

Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”