LSK insurance are experts in arranging insurance cover for residential blocks, whether it’s for a small number of flats within a converted house or a large purpose built landmark building in a city centre location. Using our wide panel of leading insurers, typical insurance covers we arrange are for buildings, communal contents, property owner’s liability, directors and officers liability, engineering and environmental impairment.
For larger blocks we analyse claims data and offer practical risk management advice aimed at reducing claim frequency and severity and in turn reducing premiums. This is particularly useful for distressed blocks (those with a poor claims history) which is usually a result of excessive escape of water claims.
Our clients in this sector are typically residential management companies (RMCs), residents associations and committees, flat management companies, Right to Manage (RTM) companies, freeholders and managing agents who come to rely on our expertise and total assistance in this area.