Munich Re
Munich Re Specialty - Global Markets, Ireland
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Commercial Property Insurance

Comprehensive cover for commercial property risks

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    Coverage
    Why work with us?
    Contact us
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    We understand the risks your clients face, and we know how to help

    Our underwriting team works closely with insurance brokers to offer robust commercial property insurance solutions which are tailored to suit policyholders’ specific requirements.

    Coverage

    We can provide commercial property insurance and business interruption coverage for physical loss of or damage to buildings, contents, and equipment arising from insured events such as fire, flood, storm, theft or accidental damage, helping businesses recover quickly and minimise disruption.

    Target risks

    • Real estate / Office / Residential
    • Hotels (excluding nightclubs etc.)
    • Retail
    • Hospitality
    • Public buildings
    • Education buildings
    • Light manufacturing

    Limited risk appetite

    • Pharmaceutical production
    • Food processing
    • Computer and electrical equipment manufacturing
    • Agricultural / equine industry 
    • Goods storage and distribution
    • Unoccupied buildings
    • Non-standard construction with occupancy in ‘Target risks’
    • Manufacturing
    • Renewables

    Outside of risk appetite

    • Recycling or waste treatment or disposal 

    • Petrochemical risks 

    • Mining or underground exposures 

    • Quarrying 

    • Steel / plastics manufacturing 

    • Printing presses / paper manufacturing 

    • Plastic manufacturing / fabricators 

    • Tyre distributors / re-treaders 

    Why work with us?

    Accessible expertise

    Our underwriting team is accessible directly, ready to support you and your clients' needs with our specialist expertise.

    Strength in service delivery

    The service which we deliver to brokers is something which we pride ourselves on, and our broker partners rely on.

    A Munich Re company

    We're part of Munich Re Specialty Group Limited, which means we're supported by the financial strength and stability of Munich Re.

    Get in touch

    Our team are on hand to discuss your requirements. If you're interested in working with us for commercial property insurance, you can submit an enquiry by providing your contact information below or by emailing quotesie@munichre.com or johnny.campion@munichre.com.
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    Thank you for your enquiry! A member of our team will be in touch.
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    Frequently asked questions

    What is commercial property insurance?

    Commercial property insurance provides financial protection for businesses against physical loss of or damage to their buildings, contents, equipment, and stock. In Ireland, this type of insurance typically covers risks such as fire, storm, flood, theft, and accidental damage. It’s essential for businesses that own or lease premises, helping to minimise disruption and ensure continuity in the event of insured damage.

    Who needs commercial property insurance?

    Commercial property insurance is essential for business owners, landlords, tenants, and property investors in Ireland who have physical assets tied to commercial premises. This includes offices, retail units, warehouses, factories, industrial facilities, and mixed-use buildings. Whether your client owns or leases the property, having the right cover in place helps protect against risks like fire, flood, storm damage, or theft.

    Does commercial property insurance include business interruption cover?

    Where required, business interruption cover can be provided as part of our commercial property insurance offering. This cover helps protect businesses from loss of income following insured events such as fire, flood, or storm damage. It ensures financial support during periods of downtime, helping your client maintain cash flow while repairs are underway or while relocating temporarily.

    What are the main risks to property owners in Ireland?

    Ireland has experienced several severe weather events in recent years, leading to increased risk for commercial properties. Storm damage, flooding, and burst pipes have caused significant losses, while fire and theft remain ongoing threats to property owners. When a building is damaged and unfit for use, businesses may face a substantial loss of income during the repair period, making commercial property insurance with business interruption cover essential.

    Is property owners liability offered as an additional coverage?

    For commercial property owners, property owner’s liability insurance can provide cover for sums the insured becomes legally liable to pay as compensation to third parties for accidental injury or property damage. This type of liability cover is essential in protecting against legal claims arising from incidents on or around the insured premises, subject to the terms and conditions of the policy wording.

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    The information provided in this content is intended for Irish insurance brokers acting on behalf of their prospective or existing clients.

    Any description is for general information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any product. Policyholders who have questions or wish to arrange or amend cover should contact their insurance broker. Insurance brokers can find details of how to contact us here.

    Any descriptions of coverage contained are meant to be general in nature and do not include nor are intended to include all of the actual terms, benefits, and limitations found in an insurance policy. The terms of any specific policy will instead govern that policy. Any guidance for Irish insurance brokers is intended to provide general information only, and should not be used as a substitute for legal advice.