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Real Estate

Minimize risk to provide structure for the future.

With high interest rates, more frequent catastrophes, and weather-related events, it’s vital to have a partner that offers customized risk assessments. Fortunately, we’re here to help proactively manage your commercial property liabilities. Our wide range of customized solutions will help you rise above the storm of industry challenges. We work to bring out the best in real estate organizations, such as:

  • Apartment building operators
  • Land developers
  • Nonresidential building operators
  • Property owners and landlords
  • Commercial real estate agents and managers

Real estate industry solutions

Minimizing risk and maximizing health across your organization demands a comprehensive range of services. You need a team with industry-specific experience to help reduce exposure and improve cash flow with real estate insurance and beyond.

Environmental consulting and risk transfer

Our team will assist you in quantifying, managing, mitigating, and—when appropriate—transferring environmental risk.

Catastrophe modeling

We review, analyze, and model your company’s property data against historical or potential natural and man-made perils.

Employee health and benefits

Attract and retain real estate talent with HR consulting, wellness initiatives, and tailored benefit offerings for your workforce of tomorrow.

Claims advocacy and management

Whether it's advocacy, consultation, or review oversight, you deserve a claims management team that stabilizes your costs.

Risk management

Strengthen your organization’s risk control measures and regulatory compliance with our risk management solutions.

Property insurance

Protect your company from the unexpected with commercial property real estate insurance specific to your needs.

Meet John, a real estate risk specialist.

John Lane

Director, Loss Control
Dallas, TX

Learn More

Commercial property insurance trends

Read our report to understand the trends impacting commercial property rates and how you can ensure you are best positioned in today's market.

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Marsh McLennan Agency Alliances

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National Multifamily Housing Council

Frequently Asked Questions

Due to the value of the properties they manage, each real estate business owner is already faced with different exposures than many other entrepreneurs. You should protect your portfolio against common industry risks to ensure it can continue to be a valuable investment in the long term.

You can combine a range of coverage lines—from commercial property insurance to catastrophic and liability coverage—to protect your assets. This is what’s known as portfolio insurance.

Given the costs associated with construction stoppages and accidents, you should also safeguard the projects that are still in the development phase. For larger projects, builder’s risk insurance and owner’s protective professional indemnity coverage are necessary to guard against the contractors’ and design firms’ risks.

Marsh McLennan Agency offers dedicated services tailored to real estate businesses, including:

  • Budgeting services for acquisitions and dispositions
  • Catastrophic risk modeling
  • Claims advocacy
  • Contractual risk transfer with vendors, contractors, and tenants
  • Lender compliance
  • Negotiations of insurance requirements
  • Property valuation assessment
  • Risk control
  • Transaction management

Professional liability insurance can help defend service providers in the real estate industry from incalculable risks. For instance, new homeowners could be experiencing buyer’s remorse, or prospective tenants might claim to have been discriminated against at an open house. In these cases, professional liability coverage can help cushion the resulting legal costs or processing fees.

This type of coverage may include unfortunate events that aren’t unique to the real estate business, such as reimbursement in a crisis event.

Professional liability usually doesn’t cover instances of bodily injury or property damage. However, you can protect your business against those risks with dedicated coverage such as general and excess liability or commercial property insurance. Since your assets and exposure will differ from the next real estate business, it’s best to talk to a Marsh McLennan Agency consultant to determine which coverage your enterprise needs.

Property manager insurance supports real estate agents and property managers in dealing with their clients’ legal claims. It guards you against issues a renter or buyer might raise, which can require various coverage options, such as reputational harm or copyright infringement.

Each property is different and comes with unique claim profiles and coverage needs, and there’s no one-size-fits-all for property manager insurance. Depending on the chosen contract, your coverage may include incidents under three categories: tenant discrimination, general liability, and errors and omissions insurance. In some instances, supplementing these options with workers’ compensation insurance may be advisable.

Talk to a Marsh McLennan Agency specialist to determine which coverage matches your property managers’ requirements.

Aside from catastrophic risk, real estate businesses face a range of exposures linked to general economic conditions or the day-to-day risks of renting business property.

It’s usually best to consider major economic events, such as overall market conditions, property depreciation, and incidents that may only result from single tenants, like delayed pay or legal claims.

Your daily business activities are unique. Your coverage should reflect that, whether you’re considering guarding against data breaches with cyber insurance or following best practices by implementing replacement cost coverage.

Marsh McLennan Agency will gladly assist you in creating a combination of coverage lines to meet your business requirements.

Meet a real estate specialist.

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