Airports & Ports
Price Forbes & Partners has a proven track record in placing both airport and seaport risks, especially in natural catastrophe-prone areas. Due to issues resulting from the exceptionally high hazards of wind and flood on seaports, obtaining the broadest coverage is essential for this occupancy class. Exposures such as port blockage, which can lead to a significant business interruption claim, and older cranes, which can be susceptible to considerable damage from earthquakes if they are not properly secured, are not considered difficult by Price Forbes & Partners’ markets.
Airports are a desired class by all property markets due to their predominantly HPR status. Standard US markets often struggle to offer the natural catastrophe limits required by this industry, and therefore Price Forbes & Partners’ excess and surplus lines markets are there to meet the client’s needs.
Price Forbes & Partners will always construct a multi-disciplinary team to best meet clients’ needs.
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Railroads – Passenger & Freight
The railroad industry is historically a tough class of business. This reputation is largely due to the mixture of rolling risks, infrastructure coverage, resulting business interruption and rerouting/detouring expenses.
Price Forbes & Partners’ advises clients how to harness today’s technology in order to present risks to get the best available result in the worldwide market.
As specialists in this industry, Price Forbes & Partners has established a substantial portfolio of transportation clients around the world with considerable shares placed in markets in London, Europe and Bermuda.
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