Business multi-risk insurance for companies operating in Portugal

Cover that starts from the exposure, not the premium

Our proposals start from the covers the risk actually requires. The premium is the result of that analysis, never the starting point. We work with a select panel of international insurers, chosen for the strength of their contract terms and how they respond to a claim — which means, in all honesty, that we will rarely be the cheapest quote you receive.

The sum insured is what decides a claim

The building, the equipment and the stock in trade are reviewed case by case, after we've looked at your actual activity — never estimated in a rush on a form. An out-of-date sum insured is the most common reason a claim gets paid out at a reduced amount under the proportional rule.

We compare, you choose

We're an insurance broker registered with the ASF, not tied to a single insurer. If the cheapest document to meet a contractual requirement is what you're after, you'll find it elsewhere. If you want to be properly covered on the day something goes wrong, that's the work we do. Free, and with no obligation.

What a business multi-risk policy is not, in Portugal

Multi-risk business insurance itself is not mandatory. What almost no company escapes is workplace accident insurance, required for every employee, with a separate regime for self-employed contractors. Outside the legal requirements, what actually determines your exposure is public liability — damage caused to third parties in the course of your activity — and whether your sums insured are adequate. An out-of-date sum insured triggers the proportional rule: a company insured for half the rebuild value gets half the payout, even on a partial claim.

Other exposures worth covering

• Loss of profit. Compensates for lost gross margin and the fixed costs that keep running during a shutdown. The most overlooked cover, and the one that closes the most companies when it's missing.
• Cyber risk. Ransomware, business interruption, incident response and data-breach notification. See our piece on cyber insurance for businesses.
• Public liability. Errors and omissions in the service delivered. Required in several regulated professions and advisable in any consulting or project-based activity — see professional liability insurance if that's the risk you're covering.
• D&O (Directors & Officers). Responds to management decisions that cause loss to the company, its shareholders or third parties. Read more about D&O insurance.
• Electrical damage and machinery breakdown. Power surges and sudden failure of production equipment — often the most expensive uncovered loss in industry and hospitality.

Who this is for

Any company operating in Portugal — from a single office to a multi-site operation with employees, equipment and stock to protect. If your exposure is a construction project rather than ongoing operations, see construction works insurance instead.

Common mistakes

• Copying the sum insured from a previous policy. Rebuild costs, equipment values and stock levels change; the figure on last year's renewal rarely still matches reality.
• Treating public liability as an afterthought. It's often the largest uncovered exposure in a multi-risk review, not a minor add-on.
• Assuming the landlord's building cover extends to you. In leased premises, the building is the landlord's responsibility, but fit-out, contents, equipment, stock and your own public liability are yours — a split that's frequently misunderstood in the lease itself.

Related reading

• Directors & Officers (D&O) insurance — a distinct cover protecting the personal assets of managers and directors.
• Cyber insurance for businesses in Portugal — relevant for firms handling client data electronically.
• Construction works insurance — for a project rather than ongoing operations.
• Professional liability insurance — if the exposure is the advice or service you provide, not your property.
• Private Clients — if the risk is about your personal assets rather than your company's.