Interruption Underwriting Agencies

Interruption Underwriting Agencies (‘IUA’) offers to arrange a stand-alone simplified business interruption policy as an alternative to ISR Section 2 and BizPak policies.

Key markets

IUA can assist with arranging cover for the following occupations:

• Professional and office risks
• Retail
• Wholesale
• Hospitality
  • Accommodation
  • Clubs
  • Cafes
  • Restaurants
  • Catering
  • Take away food
  • Reception centres
• Trades and services
• Manufacturing
• Loss of rent for property owners
• Health and community

Product offering

• No average
• Agreed insured rate of gross profit
• Extended indemnity period
• After loss costs - no sub-limits; one lump sum
• Public utilities - no time deductible; limit up to $1m
• Customers’ & suppliers' premises: no time deductible; unspecified limit up to $1m; supply chain
• Property away from the premises
• Registered vehicles, plant & equipment at the premises

Calculation worksheets are always provided with new and renewal business. Brokers are encouraged to pass them to their clients, disclosing methodology of calculations and limits.

The information contained on this website is intended for insurance intermediaries only. Miramar Underwriting Agency Pty Ltd (ABN 97 111 534 797, AFSL 314176) (‘Miramar’) t/as Interruption Underwriting Agencies (‘IUA’) acts under a binding authority as an agent for certain underwriters at Lloyd’s, the insurer of the product.

IUA is a Steadfast Underwriting Agency.

Contact:
Katrina Campbell
IUA Manager | Senior Underwriter
E: kcampbell@iua.com.au
T: 02 9307 6658
M: 0457 836 253