Page 13 - Real Estate_Capabilities (US) Book
P. 13
Real Estate Tools & Resources
Real Estate Insurance Risk Matrix
Taking calculated risk is part of every real estate strategy and
influences the goals and day to day decisions that create,
preserve or erode value. The key is taking on the appropriate
amount of risk in exchange for the optimal rewards. As a
leading risk advisor, our objective is to understand your
organization and create a tailored program to fit your specific
appetite for risk.
The process around understanding your total cost of risk
includes:
o Identification of risk and hazards of portfolio
o Assessment of the potential impact of risks,
o Developing a strategy for mitigating the risks
o Monitoring the effectiveness of the strategy put into place on
an ongoing basis.
Benchmarking
How do you pick your limits for expensive perils like earthquake,
wind, and flood? Let us show you what your peers are doing.
o Benchmarking is a critical first step in the quality-
management process.
o HUB helps you to benchmark your insurance costs and
coverages against your own historical performance, and the
performance of peer companies in your industry with like
kind portfolios.
o We will work with your lenders to help them understand your
risks and perils to help them better make their
recommendations and minimize cost.
www.hubrealestate.com Real Estate Insurance Solutions 13