Key and keyhole depicting highly protected risk insurance

It takes specialized knowledge of carriers, coverages, and engineering to properly place Engineered Property business. Conway E&S has been writing Engineered Property for over 23 years throughout the country. We have access to multiple national and international carriers along with engineering services to assist our retail broker partners in designing the insurance and engineering-based risk management solution for any size organization.


What qualifies as a highly protected risk?

In the past, HPR status could be achieved by simply having a state-of-the-art sprinkler system. This is no longer the case; the introduction of solar panels, data storage centers, mega warehouses and more, as well as improvements in risk assessment technology, have resulted in an increased difficulty in receiving HPR status. Buildings must now meet automatic sprinkler requirements, have sufficient water resources in the event of a fire, implement a surveillance and alarm system in place of or in addition to having a continually occupied facility, be built in a manner that reduces the risk of fire, and partner with an insurance carrier for matters concerning loss controls.


What are the benefits of having HPR status?

Numerous benefits exist for those who have HPR status. On a fundamental level, a property’s HPR status will grant the property holder access to lower rates for property insurance. Furthermore, as a risk’s “protection” increases, underwriters commit a greater capacity, often at a better price with broader terms. However, the benefits extend beyond rates. Oxford Metrica recently released a study which found that companies prioritizing risk management and HPR thinking experience lower cash flow volatility, have fewer losses, and offer a stabler, more consistent value to shareholders. These markets can perform many actions at an equivalent or often better pace and rate than traditional HPR single carrier programs, leading to advantages such as greater flexibility in CAT perils deductible wording as well as broader terms and conditions. This results in a program with HPR pricing devoid of the many requirements often associated with single carrier HPR programs.


Single HPR carrier vs. Non-HPR layered program

Non-HPR capacity is present throughout the marketplace. As such, structuring a layered program utilizing a variety of markets is a frequent possibility. In this structuring process, a program is achieved that offers comparable benefits to traditional single carrier programs, with advantages similar to an HPR-style policy program. The difference between a layered program and a traditional HPR single carrier program is that, in a layered program, more control is positioned within the insured’s requirements as opposed to those of the HPR insurance carrier.


Conway’s HPR Capabilities

With years of experience, Conway is an industry expert that puts your interests in its focus. Senior staff at Conway have specialized in the placement and underwriting of large property schedules for over 23 years, and in that time, have developed an expertise in the field. Conway offers assistance with CAT modeling and Statement of Value development, claims advocacy, and can even provide pre-inspection and post engineering services globally. Finally, Conway also offers risk control and safety services through partner ProTect-All Solutions.


Partnership with ProTect-All Solutions

As mentioned above, Conway has developed a comprehensive package of risk control and safety services in conjunction with ProTect-All Solutions. ProTect-All Solutions will be leaders in the development of risk detail reports, provide drone services to assist with inspections, assist with security and surveillance, and even partner with the carrier on loss control to identify and prioritize your risk and compliance.



“Highly Protected Risk” means more today than merely sprinkler systems. Reaching HPR status can involve many potential hurdles, and if any of the steps toward achieving a potential status goal are incorrectly met or ignored, the consequences can mean more than just a fee increase. If that sounds like a lot to handle, it’s because it is – regardless of whether one opts for a single HPR carrier program of a non-HPR layered program, making sure requirements are met can be an involved and stressful endeavor.

Conway simplifies this process, and with over two decades of experience, Conway is an ideal partner in placement and underwriting of large property schedules. If you are interested in scheduling a consultation, click here, or give us a call at 1-800-748-9520. Our knowledgeable staff will help you with any questions you have and set you on the path toward savings, safety, and more.