Real estate

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Real Estate, Hospitality and Leisure

From traditional risks such as slip, trip and falls to emerging risks such as cyber-attacks and pandemic events, Verita is well positioned to help you navigate the ever-changing risk landscape. We take a custom, multi- line/holistic approach to meet the needs of real estate, hospitality and leisure companies, offering a wide array of insurance products. With our extensive experience in this sector, we are qualified to offer bespoke program solutions, depending on your individual risk tolerance appetite as well as any needs derived from your unique ownership structure or investors’ stipulation. No two real estate or hospitality companies are alike, and our team has the knowledge to offer the program you are looking for, including guaranteed cost, small/large deductible, self- insured retention, and captive arrangements.

Benefits

Underwriting

  • By bringing a deeper, more comprehensive understanding of an insured’s risks, we are better positioned to help handle the unique insurance needs of our customers within the segments we service

Claims management services

  • Specialized adjustment teams with deep technical expertise in the industries we serve
  • Additional benefits include custom reviews of process/agreements with third parties

Loss control services

  • A comprehensive approach towards total account safety culture including training and development of safety plans and other industry specific control needs

Data capabilities

  • Using digitization and data intelligence to optimize the transfer of risk from our clients to insurers and capital markets

Lines of coverage (bespoke or package)

Verita will underwrite multiple lines of coverage tailored to the unique needs of the real estate industry.

Property and casualty (including):
Primary general liability
Umbrella/excess liability
Auto liability
Property
Environmental liability
Management and professional liability (including):
Directors and officers (D&O)
Employment Practices Liability (EPL)
Errors and omissions (E&O)
Cyber
Crime
Property (including):
Fiduciary liability
Quota-share and single-carrier placements on both primary or excess layers
CAT and Non-CAT capacity

Target classes of business

Verita efficiently solves for the risk profiles of a variety of real estate businesses and structures.

Ownership / organizational structure

  • Building owners
  • Building operators / property managers
  • Real estate investment trusts (REITs)
  • Real estate investment funds
  • Investment portfolios of financial institutions
  • Global service providers
  • Real estate developers

Real estate by segment

  • Office
  • Retail
  • Industrial / warehouse
  • Self-storage
  • Hospitality
  • Casinos
  • Golf courses
  • Cultural institutions

Available program structure offerings

Verita will provide solutions for a variety of real estate program types and needs.

Guaranteed cost and loss sensitive program structures including:

  • Small deductibles
  • Large deductibles
  • Self-insured retentions
  • Retrospective rating plans
  • Captive reinsurance facilities
  • Structured programs

Are you interested in a more comprehensive approach to insurance and risk?

Get in touch
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Verita CSG, Inc. (d/b/a Verita CSG Insurance Services, Inc. in the States of California and New York) (“Verita”) is a general agent with its principal place of business in Portsmouth, New Hampshire (CA license #: 0660690).  Verita underwrites insurance business on behalf of certain non-affiliated insurance companies subject to pre-approved underwriting guidelines. Verita is licensed as a property casualty insurance agency in all states in which products are offered. Availability and qualification for coverage, terms, rates and discounts may vary by jurisdiction. Policy obligations are the sole responsibility of the issuing insurance carrier.  Coverage under any insurance policy is subject to the terms and conditions of that policy and is ultimately the decision of the buyer.  Verita receives commission and/or additional compensation from its insurance company partners in connection with its sale of insurance to you.