.cls-1{fill:#00539b;} .cls-2{fill:#faa634;} Price Forbes Logo ABOUT US SOLUTIONS CLAIMS NEWS EVENTS CAREERS CONTACTS ALL THE MARKETS WE USE HAVE AN A.M. BEST OR S&P RATING OF A AND BETTER HOME SOLUTIONS FORESTRY FORESTRY The Price Forbes Forestry team has extensive experience facilitating insurance for the commercial forestry industry, a sector that demands specialist knowledge to place bespoke coverage. We have excellent relationships with the prominent London and European forestry insurers, allowing us to place cover for risks worldwide. Our underwriters have confidence in our judgement, which enables us to achieve competitive pricing and gives us the ability to place even the most complicated risks. Price Forbes formed an MGA, Equinox, with a specialist Forestry division backed by Lloyd’s underwriters, further enhancing our relationship with the market and increasing capacity available to us. OVERVIEW OF THE COVERAGE: When Insurers calculate insurance premiums, the following factors are taken into account: The insured events which are covered The Sum Insured (we have placed limits up to USD75,000,000) The excess which applies The type of plantation The location of the plantation The surrounding land use Insured’s fire management resources Loss record Typical perils: Fire Lightning Storm including windstorm, snow, weight of snow and ice, hail, sleet, rain, dust and/or all other forms of precipitation Malicious damage (sub limited) Impact by a road or rail vehicle Impact by an aircraft or anything dropped, ejected or sprayed from an aircraft, other than chemicals Possible extensions and benefits: Reinstatement of limits Claims preparation costs Firefighting expenses Harvested timber cover Fire mitigation expenses Replanting costs Removal of debris Possible additional covers: Stock throughput Seedlings Property (e.g. saw mills, warehouses, processing plants, greenhouse) Liability Plant / Fleet motor Any act of terrorism Typical exclusions: War or warlike activities Anything nuclear or radioactive A deliberate act carried out by You or by any person acting with Your permission, except when it is to avoid or reduce damage that would otherwise happen Lawful seizure, confiscation or requisition by an order of any Government, Public or Local Authority This coverage will not typically pay for: Consequential loss of any kind Any loss which is caused by pests, fungus or disease, including diplodia, regardless of whether the pests, fungus or disease occurred as a result of an insured event KEY PEOPLE William Lines DIRECTOR Garett Endenburg CHAIRMAN, PROPERTY DOWNLOADS Forestry Capabilities Price Forbes – At A Glance Price Forbes – Corporate Overview RELATED PRODUCTS INTERNATIONAL CASUALTY Price Forbes & Partners Ltd 2 Minster Court, Mincing Lane London EC3R 7PD T: +44 (0)20 7204 8400 F: +44 (0)20 7204 8404 LINKEDIN TWITTER © Copyright 2021 Price Forbes & Partners Ltd. Terms & Conditions Price Forbes & Partners Ltd is a Lloyd's broker and is authorised and regulated by the Financial Conduct Authority, and is listed on the Financial Services Register number 449988. By using this site, you agree we can set and use cookies. For more details of these cookies and how to disable them, see our Cookie Policy. You can view our Privacy & Fair Processing Notice here. Information about our FATCA policy can be found here. Modern Slavery Act Policy Conflicts of Interest Policy Gifts and Hospitality Policy and Procedure We use cookies to improve your browsing experience and help us improve our site. By using our website you agree to our use of cookies as described in our Cookie Policy.OKPRIVACY POLICY