Real estate owners, managers, and developers operate in a dynamic industry in which everyday "bricks and mortar" risks such as natural hazards co-exist with more complex challenges, including environmental liabilities, partnership and contractual obligations, and stricter lending requirements. The ever-changing nature of the industry is bound to spawn new risks that must be dealt with.
 
The Real Estate Practice of Marsh comprises a global network of advisors who are dedicated to organizations that must contend with real estate risks. Clients served include:

• Investment advisors and managers;
• Real estate investment trusts;
• Third party managers;
• Asset managers;
• Fiduciaries;
• Financial institutions; and
• Real estate operating companies;

Marsh helps its real estate  clients identify, quantify, and manage their risks using an array of services and solutions, including:

• Lender Compliance - Marsh can assist clients in negotiations with lenders to ensure that all compliance requirements have been satisfied.
• Catastrophic Risk Transfer - Marsh offers unique and innovative risk transfer solutions for catastrophic exposures such as flood, earthquake, hurricanes, wind, or terrorism to protect businesses in the event of a natural or man-made disruption.
• Benchmarking - Our extensive benchmarking studies capture and analyze useful data, including premiums and rates, limits of insurance purchased, and deductibles/retentions.  These studies can be invaluable when negotiating with lenders and other capital providers, or when performing allocations and assessing existing insurance and risk management program.
• RealSecureSM - Developed by Marsh, RealSecure combines directors and officers, general partnership, and employment practices liability, along with errors and omissions, into one policy. RealSecure helps streamline the administration of insurance placements, create greater economies of scale, and eliminate potential gaps and overlaps in real estate insurance coverage.

Additional services and solutions to help real estate firms manage their risks include:

• Mold prevention training;
• Environmental insurance protection;
• Representation and warranty insurance;
• Terrorism insurance;
• Captive feasibility and management;
• Employee benefits consulting and insurance;
• Premium allocation models and validation systems;
• Lease and contract review consulting;
• Catastrophe bonds;
• Price protection for commodities such as water, gas, and electricity;
• Claims preparation services;
• Deductible buy-down and catastrophic limit protection insurance;
• Certificate monitoring;
• Equity impairment insurance;
• Contingent/credit wraps;
• Owner-controlled insurance programs/wrap-ups;
• Maintenance, bid, and performance surety bonds; and
• Tenant/resident group insurance purchasing programs.

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Related Information

Visit Our 2010 U.S. Insurance Market Report Web Site

Our Second Real Estate Risk Benchmark Report Is Now Available

Marsh Launches Global Risk Management System for Commercial Real Estate Firms

Marsh Introduces Comprehensive Insurance Program To Help Mid-Sized Real Estate Firms During Economic Recession

Report: The Green Built Environment in the United States: The State of the Insurance Marketplace

New Program Packages Property, Casualty, Management Liability Insurance Coverages for Mid-Sized Real Estate Firms