Iprism launches unoccupied properties cover

Iprism has launched a new Unoccupied Commercial and Residential Property Owners product to address an anticipated spike in unoccupied properties post-lockdown.

Managing director of the specialist commercial, property, tradesman and high net worth MGA, Ian Lloyd commented: “Many of our brokers have told us that they expect to see an increase in unoccupied commercial properties as a result of the economic disruption caused by Covid-19 and the extended periods of enforced lockdown. Iprism has designed this new product to support the needs of SMEs, addressing the exposures facing unoccupied properties, across a range of uses and timescales.”

The new product provides cover for a wide range of commercial properties from heavy industrial buildings to those of non-standard construction and a wide range of perils in addition to the standard fire, including lightning, explosion, earthquake and aircraft risks.

It will also offer protection to unoccupied properties undergoing alterations and renovations and is available on both short and longer term basis.

    Share Story:


Cyber risk in the transportation industry
The connected nature of the transport and logistics industries makes them an attractive target for hackers, with potentially disruptive and costly consequences. Between June 2020 and June 2021, the transportation industry saw an 186% increase in weekly ransomware attacks. At the same time, regulations and cyber security standards are lacking – creating weak postures across the board. This podcast explores the key risks. Published April 2022.

Political risk: A fresh perspective
CIR’s editor, Deborah Ritchie speaks with head of PCS at Verisk, Tom Johansmeyer about the confluence of political, nat cat and pandemic risks in a world that is becoming an increasingly risky place in which to do business. Published February 2022.