Hard-to-Place Risks
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How long does it take to arrange insurance for a hard-to-place risk?
Last Updated: October 16, 2026Complex insurance placements can take longer than standard quotes because specialist insurers may require detailed information, referrals and negotiation before offering terms.
Why can hard-to-place insurance cost more?
Last Updated: October 16, 2026Hard-to-place insurance can cost more because insurers may view the exposure as more complex, less predictable or more likely to produce significant claims.
What happens if my insurer declines to renew my policy?
Last Updated: October 15, 2026An insurer choosing not to renew a policy does not necessarily mean cover is unavailable elsewhere, but the reason for non-renewal should be understood before approaching alternative markets.
Why do my actual business activities matter more than my occupation title?
Last Updated: October 15, 2026Insurers assess what a business actually does, not just its occupation title. Unusual activities can materially affect insurer appetite and the cover required.
What information is needed for a hard-to-place insurance risk?
Last Updated: October 16, 2026Hard-to-place insurance submissions generally require more detail about business activities, claims, contracts, experience and risk management than standard insurance applications.
Can specialist or overseas insurance markets cover hard-to-place risks?
Last Updated: October 15, 2026Specialist Australian and overseas insurance markets can sometimes provide cover for risks that fall outside standard insurer appetite.
Can Webber Insurance help if another broker cannot find cover?
Last Updated: October 16, 2026Webber Insurance can review difficult insurance placements where another broker or insurer has been unable to obtain suitable cover, although placement cannot be guaranteed.
Can I get insurance if my business has previous claims?
Last Updated: October 15, 2026Previous claims do not automatically prevent a business obtaining insurance, but insurers will consider the number, severity, causes and steps taken to reduce the chance of recurrence.
Why would an insurer decline to cover my business?
Last Updated: October 15, 2026An insurer can decline a business because its activities, claims history, location, size or other exposures fall outside that insurer's underwriting appetite.
What is a hard-to-place insurance risk?
Last Updated: October 15, 2026A hard-to-place insurance risk is a business or exposure that standard insurers are unwilling or unable to cover on normal terms and may require specialist markets.