4 commercial real estate coverage enhancements that really matter

Addressing the many unique exposures that owners and managers of real estate portfolios face requires significant market knowledge and structuring capability, and presents an opportunity for agents and brokers.

The process for assessing the risk profile of these asset-driven accounts includes actuarial-based modeling for natural catastrophe perils, fully understanding client risk mitigation techniques and reviewing actual loss exposures for every property in the portfolio. A detailed analysis enables clients to have the information they need to make informed decisions regarding retention levels, risk transfer solutions, and allocation strategy. Additionally, providing accurate and detailed physical characteristics of individual properties is crucial to obtaining the most favorable insurance rates and coverage in the marketplace.