2026–27 insurance renewal
Beyond International Pty Ltd
Current renewal position including expiring premiums, class status, outstanding information, strategy and decisions required.
Strategy comments
Continuity first, followed by structured programme improvement
The immediate priority has been to maintain continuity of the existing insurance programme while undertaking a detailed review of the policies, validate that the existing terms continue to reflect Beyond’s current operations, and address documentation, coverage and servicing issues that have not operated effectively.
1. Secure the renewal
Retain insurers and coverage that remain fit for purpose, preserve bespoke endorsements and close the six outstanding classes as information is resolved.
2. Validate the programme
Reconcile entities, production SPVs, overseas operations, declared values, contracts, leased assets, travel estimates and insurer schedules.
3. Improve during 2026–27
Complete a post-renewal review, update the insurance manual, establish controlled entity and certificate registers, and address cyber and management-liability options.
Class summary
Renewal position by class
Premiums include statutory charges and the policy administration fee where applicable. Renewal figures are shown to cents where terms have been received.
| Class | Insurer | 2025–26 | 2026–27 | Status | Position / key point |
|---|---|---|---|---|---|
| Industrial Special Risks | Liberty | $27,049 | — | Information required | Updated declared values are $6,633,391. The last two years have included Removal of Debris in the declared values provided; however, this has now been removed. Discuss business interruption values and indemnity period and obtain formal terms. |
| General Liability | Liberty | $64,430 | — | Information required | Material shift from Australian to US wages. Confirm Australian and US production costs, contractor arrangements and the watercraft amendment. |
| Annual Film Package | Cinesure | $151,781 | — | Information required | Renewal premium and production-cost basis remain outstanding. Discuss leased-equipment and facilities data before finalising. |
| Non-Owned Aviation | QBE | $4,675 | $4,250 | Terms received | Renewal reflects a maximum of 10 passenger seats. The insurer has requested pre-flight information for the pilot, operator, aircraft, and intended use. |
| Directors & Officers Liability | Chubb | $25,000 | — | Information required | Cash-flow management plan for the next 12–18 months remains outstanding. Debt and production-funding information has been provided. |
| Crime | Chubb | $45,000 | $45,000 | Terms received | $2m limit retained. Terms are conditional on a completed and signed proposal form. |
| Corporate Travel | BHSI | $19,000 | — | Information required | Validate 31 overseas, 79 domestic and 4 charter trips, plus the proportion attributable to US-based people. |
| Journey | BHSI | $1,000 | — | Information required | Awaiting the current employee count. |
| Voluntary Workers | BHSI | $400 | $400 | Terms received | Minimum premium terms for three volunteers. $1m aggregate limit; weekly injury benefit has a 14-day excess period. |
Uninsured exposure
Cyber Insurance
Beyond does not currently insure for standalone Cyber. We have obtained terms for discussion given the business's reliance on technology and digital systems.
| Option | Limit | Retention | Base Premium |
|---|---|---|---|
| Option 1 | $1,000,000 | $10,000 | $6,293 |
| Option 2 | $2,000,000 | $10,000 | $8,796 |
| Option 3 | $3,000,000 | $10,000 | $12,559 |
Why discuss Cyber?
- Cyber-related first-party loss and specialist incident response currently sit outside the existing insurance programme.
- The exposure includes interruption to systems, ransomware and cyber extortion, electronic funds-transfer fraud, data/privacy events and reliance on third-party systems.
- Digital dependency: How long could Beyond continue operating if a critical system or cloud platform was unavailable?
What the proposed cover addresses
- Network and information security liability and regulatory defence.
- Breach response costs, crisis management and public relations.
- Ransomware and cyber extortion.
- Direct and contingent business interruption and extra expense.
- Digital asset restoration and computer replacement.
- Funds transfer fraud, social engineering and invoice manipulation.
- Reputational harm and specified deepfake-related exposures.
Missing information
Items needed to complete the renewal
Property & Production
- High Confirm whether the Business Interruption values are adequate and the required indemnity period.
- Confirm the final ISR limit, rate and formal quotation.
- Provide 2026–27 Australian and US production-cost estimates.
- Complete leased-equipment replacement values, the facilities schedule and the date anomalies in the laptop list.
Liability & Management
- High Provide the 12–18 month cash-flow management plan for D&O.
- Provide representative production and contractor contracts for review.
- Obtain written confirmation that the watercraft amendment responds to Sydney Harbour Cops activities.
- Complete and sign the Crime proposal form.
People, Travel & Governance
- High Reconcile the travel estimates and reduction in domestic trips.
- Confirm the proportion of travel attributable to US-based people or entities.
- Confirm the employee count for Journey cover.
- Reconcile the named-insured and production-SPV register across all insurers.
Results so far
Progress made before final terms
Insurer engagement completed
Direct renewal discussions have taken place with Liberty, Chubb and BHSI to clarify operations, financing, contractor controls and travel practices.
Three renewal quotations obtained
Non-Owned Aviation, Crime and Voluntary Workers terms are available and are collectively flat against the corresponding expiring premiums.
Exposure changes identified
As outlined above.
Operational improvements
A clear post-renewal work plan for certificates, entity control, travel changes, insurer access and programme documentation.