Industrial Special Risks (ISR) Insurance Gold Coast
ISR insurance for large commercial and industrial property risks across the Gold Coast and Northern Rivers.
Industrial Special Risks (ISR) insurance is a specialist product for large commercial, industrial and mixed-use property risks that exceed the appetite or capacity of standard commercial property insurers. ISR policies are typically placed with Lloyd’s or specialist underwriters and offer broader, more flexible cover than standard products.
Gold Coast Insurance Brokers · WebInsure Pty Ltd ABN 32 054 247 666 · Corporate Authorised Representative 000271148 of Community Broker Network Pty Ltd ABN 60 096 916 184 | AFSL 233750 · Steadfast Group Member
5/64 Siganto Drive, Helensvale QLD 4212 · 07 5636 5505 · admin@gcib.net.au
Content reviewed by Trent Sampson, Principal Broker — Dip. Insurance Broking · QPIB · Senior Associate CIP · ANZIIF · NIBA member.
Material damage
Covers the physical assets of an industrial or commercial operation — buildings, plant, machinery, stock and equipment — on an all-risks or specified-perils basis.
Business interruption
Covers loss of revenue and additional costs arising from an insured material damage event. The indemnity period for large industrial risks can be 12–36 months.
Machinery breakdown
Mechanical and electrical breakdown of plant and equipment, including derangement and loss of product. Often combined with ISR for industrial operations.
Common issues we see
- Underinsurance — replacement values for industrial plant and buildings are often significantly understated.
- Business interruption period — the time to restore a large industrial operation is often longer than the indemnity period in place.
- Machinery breakdown interaction — the boundary between fire and perils cover and machinery breakdown can create gaps if the policies are with different insurers.
Who we help
- Large commercial property owners
- Manufacturing and processing operations
- Industrial and logistics facilities
- Mining services and heavy industry
Making a claim
Making a claim? Contact us before lodging directly with your insurer. We manage the process, liaise with the insurer and help you get the right outcome.
Related pages
WebInsure Insurance Brokers Group
Gold Coast Insurance Brokers is part of the WebInsure Insurance Brokers Group, which also includes Wideland Insurance Brokers, Granite Belt Insurance Brokers and Ipswich Insurance Brokers.
All strategies and information provided on this website are general advice only which does not take into consideration any of your personal circumstances. Please arrange an appointment to seek personal financial advice prior to acting on this information.
Gold Coast Insurance Brokers · WebInsure Pty Ltd ABN 32 054 247 666 | Corporate Authorised Representative 000271148 of Community Broker Network Pty Ltd ABN 60 096 916 184 | AFSL 233750. Authorised for general insurance products only. Financial Services Guide available on request.
WebInsure is a proud member of the National Insurance Brokers Association (NIBA) and subscribes to the NIBA Code of Practice (The Code). The Code outlines the guiding principles and standards we commit to when providing our services including: Professional Commitment, Integrity and Ethical Behaviour, and Transparency and Accountability.