PAPUA NEW GUINEA
KRAIPTECH DEMO |
Solutions & Architecture →
Home Insurance Products (14) Claims Support Branches (POM, Lae, Hagen, Kokopo) About WPI Contact
Home / Insurance Products / Industrial Special Risks (ISR)
Business Insurance

Industrial Special Risks (ISR)

Comprehensive multi-peril property damage and business interruption cover tailored for mid-to-large PNG commercial operations.

Indicative Terms
Tailored Rating via Underwriting
Request a Quote Now →

Product Overview

Industrial Special Risks (ISR Mark IV) is the gold standard for protecting major commercial assets in Papua New Guinea. It covers high-value industrial buildings, machinery, stock, and business interruption losses resulting from material damage events including fire, storm, volcanic eruption, earthquake, and accidental damage across PNG operations.

Who It Is For

Manufacturing plants, commercial landlords, mining contractors, supply chain warehouses, food processing facilities, and large trading groups with total asset values exceeding K5,000,000.

Coverage Highlights

Physical loss or destruction of real and personal property
Business Interruption / Consequential Loss of Gross Profit
Accidental mechanical breakdown extension
Removal of debris and professional fees
Earthquake, cyclone, and subterranean volcanic perils in PNG
Temporary removal of stock and machinery across provincial sites

Optional Endorsements & Extensions

Suppliers and customers premises extension
Spoilage of refrigerated goods due to grid outage
Unspecified locations within PNG up to designated sub-limits
Claims preparation costs and auditor validation fees

Required Information & Documentation Checklist

To expedite underwriting review and prompt proposal terms, preparing the following details is recommended:

  • • Schedule of values / asset register by location
  • • Recent property survey or risk engineering report
  • • Last 3 years audited financial statements (for BI cover)
  • • Details of fire protection, perimeter security, and standby generators

How the Quote Process Works

A clear 4-step workflow connecting our digital intake layer directly with resident underwriters.

Step 1
Submit Details
Step 2
Underwriter Review
Step 3
Proposal Issued
Step 4
InsuredHQ Bind
Fast Online Intake

Ready to Protect Your Risk?

Complete our interactive intake form and our Port Moresby and regional branch underwriting desks will prepare your quotation.

Start Quote for Industrial Special Risks (ISR)
No obligation to purchase
Track progress online 24/7
Local branch underwriting support

Prefer to Speak with Staff?

Contact our underwriting desk or visit our nearest branch in Port Moresby, Lae, Mount Hagen, or Kokopo.

+675 321 4400

KraipTech Operating Layer

Switch Presentation Role

1-Click Live
Current: Guest