The offering provides tailored insurance solutions for all major asset types, including office, retail, industrial, leisure, healthcare, automotive, residential and mixed-use portfolios — with specialist support for distressed, unoccupied and listed properties.

“As a firm, we’re committed to elevating the delivery of Property Insurance advice, setting new standards of transparency, professionalism and service,” said managing director Scott McLuskey.

“Our proposition has been designed in collaboration with global insurers, existing clients and trusted professional advisers to the real estate sector. We offer deeply personalised, value-led solutions for clients who want to get more out of their insurance arrangements.”

The launch of the facility comes at a time when the BCIS recently reported that material cost inflation continues to increase the risk of underinsurance for commercial property owners whilst a separate article by the Insurance Times indicates almost half of all commercial buildings are underinsured.

Mr McLuskey added: “Our main focus is to ensure our clients are adequately protected and part of our advisory proposition is to educate our clients about the top three reasons insurance claims are declined – and tackle these issues head on; one – to regularly review coverage in order to reduce the risk of underinsurance, two – to ensure our clients can comply with conditions & warranties of cover to avoid issues in the event of a claim and three – to assist our client’s make a fair presentation of risk to insurer by presenting their property’s accurately to underwriters, disclosing all material facts”.

Monteith’s proposition stands out through:

• Bespoke cover enhancements such as Inflationary Uplift, RICS Underinsurance Waiver, Green Upgrade and Smart Building Cyber protection
• Superior underwriting presentation framework (highlighting investments in security, fire prevention, maintenance & management) to drive cost efficiency with access to leading A-rated insurers, including Lloyds
• Negotiation of Low Claims Rebates, Long Term Agreements, and Low-Interest Instalment Facilities
• Localised Claims Management and portfolio-level risk advice
• Efficient administration of tenant certificate management & premium apportionment
• Monteith can also provide a host of added-value services including Reinstatement Assessments, Construction Contract Insurance advice for new & existing structures (SBCC/JCT/NEC terms), and Investment Due Diligence.

The firm operates from offices in Glasgow and London and is an Authorised Representative of Partners& Limited, regulated by the Financial Conduct Authority.