Tailored forestry insurance that protects assets and reduces risk
Forestry insurance protects commercial forests against extreme weather events, fires, and malicious damage, de-risking forestry assets for their owners and investors.
We tailor our policy to suit your client’s needs, ensuring they get the right protection without paying for unnecessary coverage.
Our solutions include loss prevention recommendations and risk management advice. We work hard to keep your client’s premiums down and their claims to a minimum.
Meet the TeamOur bespoke products are skilfully designed for these risk types:
Risk Types
We work with domiciled insurers in local markets across the world, serving forest owners, biofuel producers, and investors to provide comprehensive and innovative insurance solutions.
We connect local markets to the stability of the London market. Our insureds include:
- Farmers
- Owners
- Timber, paper, and pulp producers
- Pension funds
- Exotic wood investment
- Real estate investment trusts
- Timber investment management organisations
Coverages
We insure forests at an agreed value per hectare, giving your clients certainty in a claim. The key coverages include:
- FLEXA (fire, lightning, explosion, and aircraft)
- Windstorm (hurricanes, typhoons, tropical storms, and tornados)
- Hail
- Frost
- Flood / Tsunami
- Snow and ice storm
- Malicious damage
Additional coverages
In addition to our standard product, we provide extensions for clients who require extra protection.
Our optional coverages include:
- Firefighting costs
- Debris removal costs
- Aerial photography costs
- Claims preparation costs
- Re-establishment costs
- Plantation infrastructure
Global risk… and reward
Our geographically diverse portfolio enables us to provide Forestry insurance to clients in these risk locations:
- Chile
- Argentina
- Uruguay
- Paraguay
- Brazil
- South Africa
- United Kingdom
- Ireland
- Australia
- New Zealand
- Loas
- Cambodia
- Vietnam
Product Benefits
Our value-at-risk product is an innovative solution that allows clients to maximise the value of their salvage after a loss event.
The advantages of the product include:
- The opportunity to utilise up to 80% of the value of the lost assets by gaining automatic ownership of the salvage at pre-agreed rates
- Focused cover that only insures the value of the timber that cannot be recovered, without affecting the coverage of the undamaged assets
- Lower premiums over the duration of the policy
Your Forestry underwriter.
Reach out to our highly experienced underwriters.
HEAD OF FORESTRY
Gordon Steward
Gordon has worked within the UK retail, London market, Lloyd’s and international insurance markets for 40 years.
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He is recognised as one of the leading forestry insurance underwriters in this unique class of business and commands an in-depth global knowledge of the forestry industry.
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