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Forestry

Protecting forest assets from nature’s extremes.

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 Team

Our 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.

more…

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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CONTACT

Dawson House, 5 Jewry Street
London, EC3N 2EX

info@ververisk.com

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Verve Risk Services Ltd, company number 14615598, is a company registered in the UK with a registered office C/o Browne Jacobson LLP, 15th Floor, 6 Bevis Marks, London, EC3V 7BA. Verve Risk Services Ltd is an Appointed Representative of Advent Solutions Management Limited which is authorised and regulated by the Financial Conduct Authority FRN:308751.

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Verve Risk Services Ltd, company number 14615598, is a company registered in the UK with a registered office at 15 St Helen’s Place, London, EC3A 6DQ. Verve Risk Services Ltd is an Appointed Representative of Advent Solutions Management Limited which is authorised and regulated by the Financial Conduct Authority FRN:308751.

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Design: L&F Creative.

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  • Verve
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    Address
    Dawson House, 5 Jewry Street
    London, EC3N 2EX

     

    Email
    info@ververisk.com

    Verve
    Home
    Products
    Insurance Companies & Intermediaries
    Forestry
    Team
    Resources

    Address
    Dawson House, 5 Jewry Street
    London, EC3N 2EX

     

    Email
    info@ververisk.com