Property Owners and Real Estate

Changes to our Property Owners and Real Estate products

We have simplified and improved our product offering for property owners and real estate insurance. The products affected by this are:

  • Properties Insurance All Risks
  • Properties Insurance Specified Perils
  • Properties Insurance Deluxe All Risks
  • Properties Insurance Deluxe Specified Perils

After a thorough review, we are moving property owners and real estate policyholders onto our Protect product, which offers more competitive and relevant cover with new and wider extensions, higher limits of cover and wider definitions to the following products.

As a broker, what should I do?

  • New property owners’ business is already being placed on our Protect product within our Regions offices. From 1 October 2022, new real estate business in our Specialty area will also be placed on our Protect product.

  • From 1 October 2022, property owners and real estate policyholders will only be offered renewal terms on our improved Protect product.

  • To make the process as easy as possible, you do not need to do anything extra for your client’s renewal. We are managing the change within RSA by issuing a Notice to Policyholders two months prior to their renewal.

    We will also contact you regarding impacted policies for the year ahead.  Please look out for this communication.

  • If you have any questions regarding our property owners or real estate products, please contact your usual RSA relationship manager.