Institutional Timber Insurance
Outdoor Underwriters’ Institutional Timber Investment division specializes in the risk management and insurance needs of institutional timber managers, owners, consultants and associations. These larger timber investment portfolios require specialized insurance products and services to best address the risk and administration issues associated with larger investments. Our professional staff has over 75 years of combined risk management and insurance experience with specific expertise in the forest industry.
At Outdoor Underwriters, our goal is to assist clients in assessing their risk exposures and determining how to best address those risks whether through risk elimination, transfer or insurance products. Because of the unique nature of some timberland exposures where traditional insurance products were either not affordable or available, Outdoor Underwriters has created new products to meet the need for our timberland clients.
Such a product is our Institutional Timber Insurance program created and designed specifically for TIMOs and large portfolio timber managers and owners to protect the timber assets from catastrophic losses due to physical risk hazards such as fire, hurricanes, ice, insect and disease. This product can be tailored to each client’s risk profile and risk-bearing ability. Where no competitive product was previously available, this product has grown to insure over 10 million acres in 7 countries in the last five years.
Products for Consulting Foresters and Hunting Liability are among our specialties. While there are multiple products in the market, they are not all the same. Distinctive coverage differences can have a significant difference in the insurance protection afforded. Aside from our differentiation in the quality of these insurance products, the ability to reliably manage the enrollment and insurance certification aspects differentiate Outdoor Underwriters as well.
Outdoor Underwriters has the capability to place not only these specialized products but also coverages such as Package policies, Liability & Umbrella policies, Automobile, Workers Compensation, Directors & Officers Liability and Environmental Liability.