Tailored protection for a rapidly expanding asset class

Given the nature, scale, size, and operational requirements, storage assets can pose many challenges and risks. Understanding these risks is key to ensuring the successful investment and development of storage assets.

The potential risks facing storage and self-storage facilities are varied and complex, ranging from fire and theft to liability and environmental exposures.

Comprehensive risk management and tailored insurance solutions are essential to protect assets, support business continuity, and meet regulatory obligations. Our specialised expertise helps owners, operators, and investors navigate these challenges with confidence, ensuring that coverage aligns with both operational needs and long-term strategic goals.

Related Storage Assets Products & Services

Real Estate and Construction

Property and Business Interruption

Data Centres

Understanding the insurance market and driving outcomes for you

Storage assets present a myriad of risk exposures throughout the project lifecycle. From site acquisition and construction to long-term operation and management. Our services are designed to proactively identify and mitigate these risks through strategic insurance placement, risk advisory, and due diligence support. By partnering with us, developers and investors gain peace of mind knowing their investments are protected by industry-specific insight and robust risk transfer solutions.

Storage Asset FAQs

How do insurance requirements differ between an operational storage facility and one under development?

During development, you primarily need builder’s risk, contractor liability, and project-specific professional liability (especially if design professionals are involved).
Post-completion, the focus shifts to property insurance, business income protection, tenant legal liability, and ongoing operational liability.

Insurers may also require occupancy certificates, fire inspections, and updated valuations before coverage shifts to operational status.

How can insurance enhance the investment profile of a storage development?

Robust insurance coverage can:

Satisfy lender requirements for debt financing
Enhance project credibility during due diligence
Lower perceived risk for equity investors
Reduce exposure to catastrophic losses
Support stable income through business interruption coverage

A well-structured risk management and insurance strategy can be a competitive advantage in attracting capital and tenants.

What types of insurance coverage are essential for a new storage facility development?

General Liability Insurance
Property Insurance (post-construction, covering buildings and contents)
Environmental Liability Insurance (if contamination or hazardous materials are a risk)
Business Interruption Insurance
Cyber Insurance (especially if the facility uses IoT or digital access control)