At Aspen, we start by recognizing your primary need: to accept your risk at a fair price, and to keep people in business when things don’t go to plan.
As well as non-complex risks, we excel at unusual or special circumstances. You can expect us to be interested in risks that many of our competitors appear less confident in taking.
UK Property & Construction is structured into three underwriting teams, each dedicated to addressing the insurance needs of particular market segments: Property Investors, Business & Public Sector, and Construction.
This individual focus is harmonized to ensure an integrated approach to case/broker/trade sector management, without diluting the excellent underwriting and analytical skill inherent in Aspen.
We work in collaboration with our UK & International Casualty Underwriters to provide cross-class solutions for our clients and broker partners.
We have empowered and knowledgeable underwriters with cross-class capability.
Our Asset Policy covers the following insurance needs:
- Property – Financial impact of damage to physical assets, including buildings, fixtures, fittings and landlords’ contents
- Business Interruption – Safeguarding against loss of rent, alternative accommodation and service charges
- Liability – Responding to legal liabilities arising in connection with ownership of the asset
It is specifically designed for investors in:
- Commercial Properties
- Residential Properties
Maximum capacity: £150m (EML basis)
Our Construction policies meet the insurance needs of all parties actively involved in a building contract, including:
- Contractors All Risks
- Employers Liability
- Public Liability
- 6.5.1 Non-Negligent cover
Policies can be written to cover an individual entities interest in the construction, or on a project basis covering all parties concerned.
We underwrite construction work for a varying size of contract on either:
- Annual (‘turnover’)
- Single project (‘turnkey’)
Maximum Capacity: £50m Contract Value (EML basis)/EL £25m/PL £25m
We offer a suite of policy wordings covering Property and Business Interruption and ancillary covers.
We particularly target trades where we can add underwriting value including, but not limited to:
- Manufacturing
- Distribution
- Retail
- Services
- P.F.I.
- Public Sector
Maximum Capacity: £100 (EML basis)
We have empowered and knowledgeable underwriters with cross-class capability.
Our Asset Policy covers the following insurance needs:
- Property – Financial impact of damage to physical assets, including buildings, fixtures, fittings and landlords’ contents
- Business Interruption – Safeguarding against loss of rent, alternative accommodation and service charges
- Liability – Responding to legal liabilities arising in connection with ownership of the asset
It is specifically designed for investors in:
- Commercial Properties
- Residential Properties
Maximum capacity: £150m (EML basis)
We offer a suite of policy wordings covering Property and Business Interruption and ancillary covers.
We particularly target trades where we can add underwriting value including, but not limited to:
- Manufacturing
- Distribution
- Retail
- Services
- P.F.I.
- Public Sector
Maximum Capacity: £100 (EML basis)
Our Construction policies meet the insurance needs of all parties actively involved in a building contract, including:
- Contractors All Risks
- Employers Liability
- Public Liability
- 6.5.1 Non-Negligent cover
Policies can be written to cover an individual entities interest in the construction, or on a project basis covering all parties concerned.
We underwrite construction work for a varying size of contract on either:
- Annual (‘turnover’)
- Single project (‘turnkey’)
Maximum Capacity: £50m Contract Value (EML basis)/EL £25m/PL £25m