Large industrial plants or building complexes can cause damage running into millions. Such extremely high risks can also be adequately insured with layers. In practice, this usually only plays a role for fire damage. We therefore limit our solution to fire.

Layering, also known as staggered insurance or excess, refers to the splitting of insurance cover between several insurance policies or insurers. Instead of taking out a single policy with a high sum insured, several policies are combined, each with lower sums insured. The purpose of this type of contract structure is to increase the insurance cover in stages and to personalise it. For example, the first layer only covers minor damage and an upper layer only covers major damage.

Layers are an important instrument for effectively covering large risks in fire insurance. It offers flexibility, risk diversification and enables the integration of additional insurers. It also relieves capacity for the insurers involved in the basic cover.