Team experience
George Town · Cayman Islands
Downtown Reach, Phase 2B
Phase 2B of the Downtown Reach residential scheme in George Town, comprising 14 units, fully leased following completion.
Insurance & Risk
The cheapest claim is the one the building was built to survive.
Risk engineering is the assessment of a property before a loss occurs: how it is built, how it will behave in a windstorm or flood, what it would genuinely cost to reinstate, and what can be improved to reduce that exposure. Nautic produces insurer-ready risk engineering reports for individual buildings and whole portfolios across the Cayman Islands and the Caribbean.
Cayman sits in the hurricane belt, and underwriters price that risk from information. Good information lowers it. A Nautic risk engineering survey documents construction type, roof covering and fixings, envelope and opening protection, drainage, plant location and elevation, and gives both the owner and the underwriter a defensible view of exposure and value at risk.
What we deliver
Roof, envelope, glazing and opening protection assessed against the exposure, with prioritised improvement recommendations.
Full rebuild cost including demolition, professional fees and inflation during the rebuild period, so cover is neither short nor wasteful.
Insurer-format reports for underwriting, renewal and portfolio review.
Site elevation, drainage and critical plant location reviewed against surge and rainfall risk.
Consistent scoring across a portfolio so capital and remediation spend can be aimed at the weakest assets first.
Practical recommendations on protection, redundancy and post-event recovery sequencing.
Working with Nautic
Related experience
George Town · Cayman Islands
Phase 2B of the Downtown Reach residential scheme in George Town, comprising 14 units, fully leased following completion.
Galway · Ireland
A landmark €104 million commercial and mixed-use waterfront development in Galway, constructed between 2019 and 2021.
Grand Cayman · Cayman Islands
A 7,000 sq ft private residence in Grand Cayman, delivered under a confidential client instruction.
Projects marked “team experience” were delivered by members of the Nautic team while working at previous firms and were delivered at previous firms.
FAQ
It is an assessment of what it would cost to rebuild a property today, including demolition and site clearance, professional fees, and inflation over the rebuild period. It is the figure your buildings sum insured should be based on.
Most insurers expect a formal reassessment every three years, with indexation in between. In a market with volatile construction costs, annual review is prudent.
Yes. We survey strata schemes, commercial portfolios and government estates on a consistent scoring basis so results can be compared asset by asset.
Get in touch
A valuation, a claim that needs adjusting, a project that needs costing, or a strata that needs running properly. Start with a conversation, quotes are free.