liberty insurance commercial risk appetite guide liberty insurance is part of the liberty mutual...

Liberty Insurance Commercial Risk Appetite Guide

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 believe that when things go wrong, they should start going right the moment you pick up the phone to us. With Liberty Insurance, when it comes to motor, home and commercial insurance, you have someone in your corner every step of the way.

The company operates from offices in Cavan and Dublin. Our Irish customers can feel secure in the knowledge that we provide high quality products at great value with an unrivalled local service, offering peace of mind 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 Camogie All-Star Awards.

Liberty Mutual is ranked 68th on the Fortune 100 list

About

Liberty Insurance

100+YEARSof experience ininsurance

215,000in Irelandcustomers

OVERrated

company

“

“Liberty Mutual 100+

YEARSof experience ininsurance


OVERrated

company

“

“Liberty Mutual 100+

YEARSof experience ininsurance


OVERrated

company

“

“Liberty Mutual

Liberty Mutual employs more than 50,000 people in approximately 800 offices throughout the world...

United States

ColombiaEcuador

Chile

Brazil

Ireland

PortugalSpain India

Malaysia

Russia

China

Hong KongVietnam

Singapore

Thailand

of largest corporations in the U.S. based on 2017 revenue. As of December 31, 2017, we had $39.4 billion in annual consolidated revenue.

Liberty Mutual employs more than 50,000 people in over 800 offices throughout the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, commercial multi-peril, property, general liability, commercial automobile, surety, workers compensation, specialty lines, and reinsurance.


pg 2

Commercial Property & Liability

Features & BenefitsOur 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.

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 & Sustainable Buildings & Debris Recycling)

€50,000 (new cover enhancement)

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)

Property

Extensions

Material Damage All Risks

pg 3

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

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

€4,000 Limit per Appliance (higher limit available upon request)

€5,000 Limit any one Conveyance (higher limit available upon request)

Money

Computers All risks

Frozen Food

Goods In Transit

Standard Limit €20,000, increased limits available upon requestCustodian Clause Generous Limits as follows:

Prevention of Access Limit up to €250,000

Prevention of Access (Non Damage) Limit up to €50,000

Public UtilitiesLand Based Premises - Limit up to €250,000Terminal 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

Business InterruptionExtensions


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

Contractual Liability extension

Court attendance fees

Wrongful arrest cover (sub limits for select trades)

Airside Liability

USA/Canada

Extended Products inefficacy

Employers, Public/Products Liability

Standard Extensions

Possible Extensions to Cover*

Non Combustible Construction

Appropriate Fire Protections

Appropriate Security Protections

Good Claims Experience

Proactive Risk Management

Derelict Properties

Unoccupied with Poor Controls

Poor Claims Experience

Positive Risk Features Negative Risk Features

*Subject to satisfactory assessment of the risk proposed

100+ years of experience in insurance

Available Limits (includes excess of loss)

Applicable to all Cover Classes


pg 5

Building & Allied TradesStand Alone

LiabilityStand Alone

Contractors All RiskCross Class 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

Property Driven Target TradesStand Alone

PropertyStand Alone

LiabilityCross Class Client View

Real Estate consisting of but not restricted to offices, retail, shopping centres, car parks and industrial premises.

Yes Yes Yes

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

Miscellaneous TradesStand Alone

PropertyStand Alone

LiabilityCross Class 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 & BenefitsOur 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 vehicles, agricultural vehicles, special type vehicles and trailers

• Open Driving (we’ll cover all drivers aged 25-70 with a full clean European licence as standard)

• Blanket certificates

• Risk Management - We take a proactive approach to risk helping you to avoid losses, with our own Liberty Insurance Risk Surveyor who can help guide you in protecting your employees and other road users

• European Cover, we’ll automatically give you the minimum cover required to drive in all European Union countries

• Unlimited Windscreen Cover on Comprehensive road vehicles via our guaranteed repairer

• Guaranteed Repair Network, we can provide a courtesy vehicle whilst your vehicle is being repaired by a Liberty guaranteed repairer (for private cars and goods carrying vehicles up to 3.5 tonnes)

At Liberty Insurance we can consider over 1,000 Trades for Fleet Insurance. We have a broad appetite but where we are particularly strong is:

• Established Companies

• Pro-Active Claims Management

• Low Claims Frequency

• Own Goods Fleets

Risk Features we may take into account are:

• Airside Exposure

• Hazardous Goods

• Continental Haulage

Risk Features we do not wish to consider:

• Private and Public Hire vehicles

• Self-Drive Hire

• High Claims Frequency

pg 8

Standard Covers

Tailored Policies

• Personal Injury Unlimited

• Third Party Property Damage limits of up to: - €30m for Private cars - €6.5m for Commercial vehicles

• Emergency Treatment Cover

• Unauthorised Movement of Vehicles

• Contingent Liability

• Cross Liabilities

• Directors Vehicles

• Legal Costs

• Trailers and Mechanically Disabled Vehicles

• Indemnity to Principals

Our policies can be fine-tuned to suit your company needs:

Variable cover options for each vehicle:

• Comprehensive

• Third Party, Fire and Theft

• Third Party Only

Multiple Vehicle types:

• Goods carrying vehicles of 44,000kg gross vehicle weight

• Business cars for social, domestic and pleasure and business use.

• Forklifts

Accountancy

Advertising

Architecture

Auditors

Baking Industry

Building Trade

Carpentry

Carpet Fitting

Cement/Concrete Suppliers

Civil Engineering

Computer Industry

Construction Industry

Electrical Contractors

Electricity Industry

Farming

Financial Services

Fish Merchants

Glaziers

Haulage Contractors

Heating Consultant/Services

Insurance Industry

Joinery

Loss Adjusting

Machine Tool Suppliers

Maintenance Services

Manufacturing

Newsagents

Office Equipment Suppliers

Office Fitters

Painter and Decorator

Planning Consultancy

Plant Hire

Plumbing

Printing Services

Project Management

Property Developers

Quality Surveyors

Quarries

Safety Equipment Suppliers

Solicitors

Steel Industry

Stockbroking

Stonemasonry

Surveyors

Wholesalers

Target Trade Areas

pg 9


Commercial ContactsKey Contact List

Liberty Mutual are a leading global insurer with operations in 30 countries and economies around the world.

General Transactions

New Business Submissions [email protected] 1890 89 1890

Non-motor MTA, Claims Experience Requests

[email protected] 1890 89 1890

Fleet MTA's, Claims Experience Requests

[email protected] 1890 89 1890

Underwriting Team – Commercial Non-Motor

Ciaran Dempsey [email protected] 087 983 0047

Dan McGovern [email protected] 087 272 9445

Brian Moran [email protected] 086 027 3367

Rob Purser [email protected] 086 773 7118

Rachael Raftery [email protected] 083 457 8179

Sinead McManus [email protected] (01) 553 4536

Michelle O’Callaghan [email protected] (01) 553 4177


pg 11

Underwriting Team – Commercial Fleet

Gary Curran [email protected] 087 667 5436

Karl Fagan [email protected] (01) 553 4622

Janice Smith [email protected] 087 195 5768

Joe Tackney [email protected] 049 436 8125

Leanne McNeill [email protected] (01) 536 2887

Traditional Distribution Team

Paul Whelan [email protected] 086 103 6593

David Coffey [email protected] 087 415 5990

Jonathan Ferris [email protected] 087 196 7124

Jack Fennell [email protected] 087 236 4544

Marian Forde [email protected] 087 718 6817

Head of Commercial Liability

Michael Cronin [email protected] 086 381 2868

Head of Traditional Distribution

Michael Skelton [email protected] 087 627 3818

Head of Commercial Property

Andrew Bailey [email protected] 087 317 1720

Head of Commercial Motor Fleet

Lloyd Callan [email protected] 087 173 9949


Liberty Seguros, Compania de Seguros Y Reaseguros, S.A, trading as Liberty Insurance is authorised by the General Directorate of Insurance and Pension Funds in Spain and is regulated by the Central Bank of Ireland for conduct of business rules.