Insurance MTA

Insurance mid-term adjustment

Premiums priced on estimates deserve a second look

Commercial property insurance is rated on declared floor areas, construction, protection features and business interruption profile. Where the policy record is built from old plans or cautious estimates, the premium can overstate the actual risk. Portrait produces the measured evidence and supports a mid-term adjustment where it is justified.

No reduction, no fee

For qualifying instructions the LiDAR scan is arranged at no upfront survey charge under signed terms. Our fee applies only if a qualifying reduction, refund or agreed saving is achieved.

Why premiums overstate

Underwriters price uncertainty. Evidence removes it.

When records are incomplete, insurers apply conservative assumptions, keep endorsements in place or defer any correction to renewal. A measured record of the building gives your broker something concrete to take back to the underwriter, mid-term rather than next year.

Declared areas that no longer match the premises

Fire separation, sprinklers and alarm zones recorded as unknown

Buildings altered, subdivided, extended or partially vacated since the schedule was drawn

Sums insured carried forward from estimated information

What we produce

An insurer-ready evidence pack

Measured schedule

Floor areas, heights and volumes from LiDAR capture, aligned to RICS measurement practice.

Protection record

Visible risk features documented as found: separation, shutters, alarms, sprinklers, access control.

MTA submission

A prepared mid-term adjustment request your broker can put to the insurer without rework.

How it runs

From policy review to corrected cover

01

Policy review

We read the schedule, declared values and endorsements against whatever plans and records exist.

02

Measured survey

The building is scanned and the risk-relevant facts are recorded, with no upfront survey charge for qualifying cases.

03

Broker pack

Discrepancies are set out in an evidence pack framed for underwriting review.

04

Adjustment

Where the insurer accepts the corrected data, the premium, refund or cover change follows mid-term.

Ask us to read your policy schedule against the building

A first assessment is free and commits you to nothing. We reply in writing with a clear view of whether a case is worth pursuing.

Insurance Policy Data Correction

Solutions / Insurance & Risk

Insurance Policy Data Correction

Policy schedules inherit errors: stated areas, construction details, protection features and exposure assumptions that no longer describe the building. This pack documents the corrections so your broker can put them to the insurer.

What you receive

The correction pack

Verified property data

Areas, volumes and construction recorded from the measured building, not the last schedule.

Protection evidence

Sprinklers, separation, alarms and access control documented as installed.

Broker submission

Corrections framed for underwriting review, with the evidence attached.

When to use it

Use it when the schedule reads like another building

Extensions, subdivisions, part-vacancy and refurbishment all leave schedules behind. Cautious assumptions cost premium; missing detail costs at claim time. Both are correctable with evidence.

Schedule areas that predate known alterations

Protection features recorded as unknown

Premium loaded for uncertainty an insurer could not resolve

Claim concerns about accuracy of declared values

Read the schedule against the building

Send the policy schedule. We flag the entries worth correcting and what each is likely doing to the premium.

Mid-Term Adjustment (MTA)

Solutions / Insurance & Risk

Mid-Term Adjustment (MTA) Pack

Where policy information is overstated, the correction does not have to wait for renewal. This pack prepares the measured evidence for a broker-led mid-term adjustment and an in-term re-rate where the facts support one.

What you receive

Built for the broker

MTA request

The adjustment framed and evidenced in the form brokers put to underwriters.

Measured basis

Every corrected figure traceable to the scan, so the underwriter reviews facts rather than assertions.

Premium position

The expected effect on premium and cover set out before the request goes in.

When to use it

Use it when waiting for renewal costs money

A mid-term correction crystallises the saving now and sets the renewal baseline honestly. It also fixes cover gaps before they matter, which is the part claims teams appreciate.

Overstated areas or values identified in-term

Vacated, sublet or reconfigured space still on cover

Protection improvements the policy has not recognised

Renewal months away and premium leaking meanwhile

Ask whether an MTA is worth it

Send the schedule and what changed. We reply with a view on the adjustment case, free.

Cancel & Rewrite / Market Testing Support

Solutions / Insurance & Risk

Cancel & Rewrite / Market Testing Support

When the incumbent insurer will not move, structured property and risk evidence lets your broker test the market properly: cancel-and-rewrite evaluation, alternative quotes and renewal negotiations with facts attached.

What you receive

What the market sees

Market pack

The risk presented cleanly: measured data, protection evidence and exposure maps in one document.

Rewrite analysis

The cancel-and-rewrite economics set out, including return premium and rate movement.

Negotiation support

Evidence to challenge assumptions the incumbent has stopped questioning.

When to use it

Use it when renewal feels like a formality

Insurers price stale risks cautiously. A market test on verified data either moves the incumbent or finds the market that wants the risk. Either way the premium reflects evidence, not inertia.

Renewal increases without a change in risk

Endorsements that verified data would remove

Broker wants to market the risk with a stronger pack

Multi-site programme due a competitive test

Give the market something to price

Talk to us three months before renewal. The pack is ready before the broker starts marketing.

External Exposure & Separation Mapping

Solutions / Insurance & Risk

External Exposure & Separation Mapping

How a site sits in relation to its surroundings drives fire rating and premium. This pack measures boundaries, neighbouring structures, yard storage and separation distances, and maps them for underwriting review.

What you receive

On the map

Separation distances

Measured distances between buildings, boundaries and combustible exposures.

Yard and storage

External storage, stacking and process areas recorded as actually operated.

Access and hydrants

Fire access routes and water provision documented for the risk survey.

When to use it

Use it when assumptions about the neighbours cost you

Underwriters who cannot see separation assume the worst. A measured exposure map replaces street-view guesswork with distances an underwriter can rate on.

Premium loaded for assumed exposure

Site layout changed since the last risk survey

Yard storage practices misunderstood by insurers

New neighbouring development changing the risk picture

Show the underwriter the actual distances

Send the site address. We quote the mapping pack and the likely underwriting angle.

Business Interruption (BI) Exposure Reduction Pack

Solutions / Insurance & Risk

Business Interruption Exposure Pack

BI cover is priced on recovery assumptions few businesses have evidenced. This pack maps restart zones, access routes, partial-operation areas and dependencies, so recovery scenarios rest on the measured site.

What you receive

The recovery evidence

Restart zones

Which areas can operate independently after a loss, mapped and measured.

Logistics constraints

Access, loading and storage dependencies that shape realistic recovery timelines.

Indemnity inputs

Evidence to test indemnity periods and BI sums against how the site would actually recover.

When to use it

Use it before the BI review

BI miscalculation is one of the most common underinsurance findings. Site evidence turns the recovery narrative into something an insurer can rate accurately, in either direction.

BI sums set years ago and rolled forward

Site reconfigured since the last review

Single points of failure never documented

Broker review or claim preparation underway

Evidence the recovery story

Tell us the site and the current indemnity basis. We scope the mapping to the review.