Industrial All Risks Insurance in Thailand: Broad Protection for Complex Facilities

Industrial all risks insurance in Thailand gives manufacturers, logistics hubs, and heavy-industry operators a single, seamless shield against most forms of physical loss or damage. By combining multiple property covers into one wording, the policy keeps your balance sheet intact when fires, machinery breakdowns, or natural catastrophes interrupt production.

Why Industrial All Risks Coverage Matters in Thailand

Rising physical-damage exposures

Rapid industrial growth, denser factory clusters, and aging infrastructure elevate the likelihood of fires, explosions, and utility failures. As a result, uninsured losses can quickly surpass routine maintenance budgets.

Extreme weather and flood risk

Thailand’s monsoon season produces intense rainfall and flash floods. Without industrial all risks insurance—often called IAR insurance in Thailand—companies may face uninsured repair costs and prolonged downtime.

Tight supply chains and penalty clauses

Modern just-in-time inventories leave little room for error. Even a short shutdown can breach delivery contracts, trigger late-penalty fees, and erode customer confidence.

Core Protections in an IAR Property Damage Policy

1. Material damage – reimburses repair or replacement of buildings, machinery, stock, and raw materials after accidental events such as fire or explosion.

2. Machinery breakdown – responds when sudden mechanical or electrical failure halts production lines.

3. Business interruption – pays lost gross profit, standing charges, and extra expenses needed to resume operations quickly.

4. Debris removal and professional fees – covers cleanup costs plus architect or engineer services required to rebuild.

5. Increased cost of working – funds temporary facilities, overtime labor, and expedited freight so you fulfill orders despite the setback.

Optional Extensions for Wider Industrial All Risks Insurance in Thailand

Because every facility faces unique hazards, Lockton Wattana can add:

• Catastrophe perils such as earthquake and windstorm

• Flood coverage at full replacement cost

• Terrorism and sabotage protection for at-risk sites

• Stock deterioration following temperature-control failure

• Suppliers and customers extensions that pay when a third-party outage disrupts your revenue stream

All options integrate smoothly, eliminating dangerous coverage gaps.

How Lockton Wattana Enhances Your Industrial All Risks Program

First, our property specialists benchmark your loss history, maintenance records, and fire-protection systems against Thai and global peers. Next, we model worst-case scenarios—such as a total-loss warehouse fire—to set realistic limits and deductibles. After that, we leverage worldwide insurer relationships to negotiate competitive premiums, multiyear rate stability, and clear policy wording. Finally, we offer on-site training for safety teams and plant engineers, reducing frequency and severity of claims.