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Property companies must show a focus on risk management to avoid increased insurance premiums

Some real estate investors have good insurance claims records because they manage their risks; others have just been lucky. But when insurance policies come up for renewal in the current climate, underwriters are going to ask - was it good luck or strategy? Without evidence to the contrary, they're going to assume it was luck. 

The protection of assets against loss, damage and destruction and the continuity of rental income have always been of significant importance to property investors.

Traditionally there has been a reliance on managing agents and property managers coupled with insurers' relatively infrequent surveys to manage risk, and recommend improvements.