Highly Protected Risk


Also found in: Acronyms.

Highly Protected Risk

A risk that is highly unlikely to happen and, if it does, is unlikely to cause a great deal of damage. Insurance policies covering highly protected risks carry low premiums
References in periodicals archive ?
When TruSecure grants Highly Protected Risk status to their customers, this will indicate that minimum security standards for underwriting F&D's innovative E-Risk(TM) e-business insurance solution have been surpassed," stated David O'Neill, Vice President, F&D e-business solutions.
The Factory Mutual pool has a dominant position in the highly protected risk business, with net premium written of $798.
FM Global's business profile is characterized as 'Very Strong' by Fitch as FM Global has built a significant franchise in the commercial property market for highly protected risks.
As a mutual company, FM Global and its policyholders/owners take pride in having highly protected risks.
Through its membership in the FM Global Group, FMI has a distinctive business profile as a leading insurer of highly protected risks within the commercial property market.
Digital's buildings qualify as highly protected risks so redundant fire protection, water and public utility supplies, damage and loss limited construction features are all incorporated into the protection plan.
FM Global remains one of the prominent underwriters of highly protected risks within the commercial property market and is widely recognized throughout the industry for its extensive loss control, risk management and engineering capabilities.
Tocco will be responsible for building profitable growth in property lines, including highly protected risks, global property, boiler & machinery, healthcare and national accounts property segments.
Fitch's ratings on FM Global reflect the company's strong competitive position in the market for highly protected risks, engineering and underwriting expertise, and solid balance sheet.
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