Real Estate
Building a strong foundation of protection.Discover more secure coverage tailored to your goals and needs.
Real estate risk management is complicated. Regardless of portfolio size, developers, owners and managers of real estate assets require the support of a risk management team with industry-specific expertise. With the support of a team dedicated the real estate industry, NFP clients are able to find high quality solutions to insure commercial and residential properties against a variety of risks.
NFP’s Real Estate Group provides deep industry and product expertise for developers, owners and managers of real estate assets. We combine the advantages of working with a large global broker or a small regional broker into one integrated offering that’s focused exclusively on effectively protecting commercial and residential real estate portfolios – regardless of size – against a variety of complex risks.
Professionals across the real estate life cycle choose us for our first-hand understanding of how risk affects strategy, financials, operations and people. Our significant scale, deep partnerships across insurers and independence to do what’s right for our clients give us the ability to deliver exceptional expertise, value and results.
Meeting Needs For Real Estate Professionals with Innovative Approaches
Innovation drives the value we deliver.
We work to serve you, however robust your needs. We go far beyond simple property and casualty coverage and leveraging the full power of NFP’s network to deliver services to real estate developers, including:
Our team is dedicated to real estate — it’s all we do, day in and day out. Every team member of the Real Estate Group is a real estate specialist with experience working exclusively with investors, owners, operators and developers. Our team averages 15+ years of industry-specific experience so we understand the challenges and factors specific to the commercial, industrial and multi-family real estate communities.
We’re committed to learning as the landscape evolves. We continually build our expertise to remain at the forefront of developments in the real estate sector so we can identify opportunities for our clients and help them prepare for emerging challenges.
By providing access to industry-leading data, analytics and technology, we help our real estate clients make informed, data-driven insurance purchasing decisions. The Real Estate Group helps clients refine their data to maximize quality, value and effectiveness, and utilize stress testing and benchmarking to ensure programs remain aligned with the evolving needs of each portfolio.
Our team is dedicated to real estate — it’s all we do, day in and day out. Every team member of the Real Estate Group is a real estate specialist with experience working exclusively with investors, owners, operators and developers. Our team averages 15+ years of industry-specific experience so we understand the challenges and factors specific to the commercial, industrial and multi-family real estate communities.
We’re committed to learning as the landscape evolves. We continually build our expertise to remain at the forefront of developments in the real estate sector so we can identify opportunities for our clients and help them prepare for emerging challenges.
By providing access to industry-leading data, analytics and technology, we help our real estate clients make informed, data-driven insurance purchasing decisions. The Real Estate Group helps clients refine their data to maximize quality, value and effectiveness, and utilize stress testing and benchmarking to ensure programs remain aligned with the evolving needs of each portfolio.
Meeting Needs For Real Estate Professionals with Innovative Approaches
Innovation drives the value we deliver.
We work to serve you, however robust your needs. We go far beyond simple property and casualty coverage and leverage the full power of NFP’s network to deliver services to real estate developers, including:
Industry Support from True Experts
Our team is dedicated to real estate — it’s all we do, day in and day out. Every team member of the Real Estate Group is a real estate specialist with experience working exclusively with investors, owners, operators and developers. Our team averages 15+ years of industry-specific experience so we understand the challenges and factors specific to the commercial, industrial and multi-family real estate communities.
We’re committed to learning as the landscape evolves. We continually build our expertise to remain at the forefront of developments in the real estate sector so we can identify opportunities for our clients and help them prepare for emerging challenges.
Future-Forward Tech and Analytics
By providing access to industry-leading data, analytics and technology, we help our real estate clients make informed, data-driven insurance purchasing decisions. The Real Estate Group helps clients refine their data to maximize quality, value and effectiveness, and utilize stress testing and benchmarking to ensure programs remain aligned with the evolving needs of each portfolio.
Dedicated Professionals, Nimble Service
Our flexible service model allows us to customize the experience to each client’s needs.
The service we deliver is a critical component of the value we provide and elevates the effectiveness of our focused expertise and tailored solutions.
Examples of our exceptional service include:
- COIs issued within 24 hours
- Policies issued within 14 days of receipt from market
- Invoicing/allocations within 14 days after inception
- Renewal certificates issued 72 hours after bind order
- Leases, lender agreements and contracts reviewed within 24 hours
- 24/7 availability
- Diligent claims advocacy with access to counsel
Our staff-to-client ratio and high employee retention rate ensure the stability and consistency essential to high quality service. These factors also allow us to provide proprietary manuscript policy forms that are carrier approved and claims tested, coverage interpretation, contract reviews, integrated placement expertise, and dedicated claims advocacy. We openly collaborate with our colleagues in other specialty areas, including construction, benefits and personal insurance – life insurance and wealth management – to offer additional value and insight to our real estate clients.
Specialized Solutions for All Real Estate Professionals
No matter which part of the real estate industry you operate in, we have you covered.
Effectively manage property risks with a partner who understands your challenges first, and builds custom property manager insurance solutions second.
Managing real estate property grows increasingly complicated each year, and so do the risks that come with it. Even if you think you’ve checked all the boxes, surprise rate increases, low-quality data driving your decisions, individually insured assets and lack of due-consideration to exposures can bring an efficiently run management team to a grinding halt.
As an owner of real estate assets there's a lot to keep track of and a lot at stake. NFP’s real estate experts offer specialized, market-leading capabilities to owners of real estate assets.
Running an organization is easier when you can anticipate changes and plan ahead. When it comes to insurance, rate increase surprises are an unwelcome challenge. Insurance costs are a direct expense to your assets and increased cost adversely impacts the value of an asset. Having a partner that consistently communicates changes in the market – and presents ideas to mitigate increased expenses as the market shifts – allows you to stay focused.
Real estate developers take on a significant amount of risk in the process of creating high-quality real property, and your process relies on the ability to make informed plans and anticipate difficulties.
When you’re executing on a plan, rate increase surprises are an unwelcome challenge. Insurance costs are a direct expense to your assets and more cost adversely impacts the value of an asset. Having a partner that consistently communicates changes in the market – and presents ideas to mitigate increased expenses as the market shifts – allows you to stay focused. Insurance for real estate developers plays a key role in this process.
Effectively manage property risks with a partner who understands your challenges first, and builds custom property manager insurance solutions second.
Managing real estate property grows increasingly complicated each year, and so do the risks that come with it. Even if you think you’ve checked all the boxes, surprise rate increases, low-quality data driving your decisions, individually insured assets and lack of due-consideration to exposures can bring an efficiently run management team to a grinding halt.
As an owner of real estate assets there's a lot to keep track of and a lot at stake. NFP’s real estate experts offer specialized, market-leading capabilities to owners of real estate assets.
Running an organization is easier when you can anticipate changes and plan ahead. When it comes to insurance, rate increase surprises are an unwelcome challenge. Insurance costs are a direct expense to your assets and increased cost adversely impacts the value of an asset. Having a partner that consistently communicates changes in the market – and presents ideas to mitigate increased expenses as the market shifts – allows you to stay focused.
Real estate developers take on a significant amount of risk in the process of creating high-quality real property, and your process relies on the ability to make informed plans and anticipate difficulties.
When you’re executing on a plan, rate increase surprises are an unwelcome challenge. Insurance costs are a direct expense to your assets and more cost adversely impacts the value of an asset. Having a partner that consistently communicates changes in the market – and presents ideas to mitigate increased expenses as the market shifts – allows you to stay focused. Insurance for real estate developers plays a key role in this process.
Specialized Solutions for All Real Estate Professionals
No matter which part of the real estate industry you operate in, we have you covered.
Effectively manage property risks with a partner who understands your challenges first, and builds custom property manager insurance solutions second.
Managing real estate property grows increasingly complicated each year, and so do the risks that come with it. Even if you think you’ve checked all the boxes, surprise rate increases, low-quality data driving your decisions, individually insured assets and lack of due-consideration to exposures can bring an efficiently run management team to a grinding halt.
As an owner of real estate assets there's a lot to keep track of and a lot at stake. NFP’s real estate experts offer specialized, market-leading capabilities to owners of real estate assets.
Running an organization is easier when you can anticipate changes and plan ahead. When it comes to insurance, rate increase surprises are an unwelcome challenge. Insurance costs are a direct expense to your assets and increased cost adversely impacts the value of an asset. Having a partner that consistently communicates changes in the market – and presents ideas to mitigate increased expenses as the market shifts – allows you to stay focused.
Real estate developers take on a significant amount of risk in the process of creating high-quality real property, and your process relies on the ability to make informed plans and anticipate difficulties.
When you’re executing on a plan, rate increase surprises are an unwelcome challenge. Insurance costs are a direct expense to your assets and more cost adversely impacts the value of an asset. Having a partner that consistently communicates changes in the market – and presents ideas to mitigate increased expenses as the market shifts – allows you to stay focused. Insurance for real estate developers plays a key role in this process.
Innovative Approaches to Risk
With a clear understanding of your unique goals and needs, we embrace the opportunity to look at challenges differently and solve them creatively and effectively. Innovative solutions we’ve introduced to clients include:
- Parametric solutions (weather, wildfire, loss of attraction, terrorism)
- Special perils (financial loss without physical damage trigger)
- Customized premium allocation tools
- Program diagnostics
- Alternative risk transfer (insuring the insured)
- Custom captive integration
- Deductible buy downs and aggregates
Together, we’ll take the time to understand where you are and help you build where you want to go.
Questions? Reach out to our Real Estate Practice Leader today!
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Reach out today to start a conversation about how we can work together to move you forward.