Real Estate Industry Insurance Solutions for Investors, Managers, and Developers
For more than 50 years, Alliant Insurance Services has been consistently recognized as a valuable partner for firms that invest in, manage, and develop real estate assets. Our experience and diverse knowledge of the nation’s real estate industry enable us to manage your risk while you manage your business.
As a key partner, we are committed to helping you maximize the return on your real estate investments. That’s why we developed PRISM, our Professional Real Estate Insurance Solutions & Management product, to build a strategic risk management program at a competitive price with innovative insurance coverage using carriers that are experts in risk transfer.
We act as trusted advisors in the following areas:
- Acquisitions
- Divestitures
- Leasing
- Managing
- Financing
- Development
- Expansions
- Renovations
Real Estate Insurance Coverage Solutions
PRISM offers flexible solutions for the ever-changing property insurance requirements in the real estate industry, whether they are brought about by internal or external forces. And because of PRISM’s large volume, we can offer attractive pricing for comprehensive coverage and access to larger coverage sublimits than other products in the marketplace that are available to individual customers.
PRISM benefits include:
- Proprietary property facility (cannot be accessed through any other source)
- Superior property terms
- Competitive casualty products
- Access to our proprietary real estate software systems
- Cost savings gained from being part of a large program
- Extensive coverage leveraged through PRISM that is not available to the individual buyer
- Expertise in the tender of claims to contractors and/or tenants and claim management
Insurance Service Solutions for Real Estate
We begin by meeting with you to discuss your business plan. This lays the foundation for our service implementation schedule, which typically addresses quarterly claims meetings, risk control meetings or seminars (infrared testing, slip and fall meters), special projects, and daily service maintenance.
Daily services include:
- Premium allocations and invoices by location/partnership
- Premium financing
- Evaluating financial institutions requirements
- Certificate issuance
- Construction contract reviews
- Lease contract reviews
- Flood zone mapping
- Wind tier analysis
- Earthquake mapping
Risk Management Solutions for Real Estate
Accidents and disasters can bring more than the financial loss of an asset. They can also damage work materials, interrupt operations, and escalate costs due to building ordinances.
PRISM’s risk control and safety services identify and reduce your exposure to loss hazards. Our experienced personnel will assist with preventing costly damage, managing your insurance costs, and improving your service through hazard identification, evaluation, elimination, and control.
PRISM has the capability of providing the following services to protect your assets:
- Fire detection and prevention
- Property conservation
- Pre-construction plan review
- Sprinkler system analysis
- Storage and warehouse methods
- Infrared surveys
- CAT modeling
- Comprehensive training:
- Arson prevention
- Business interruption planning
- Flood/water intrusion and mold prevention
- Electrical safety
- Web-based loss control training series
- Appraisal services available
Technology Solutions
Our proprietary web-based software program provides easy access to a secure, central resource for all information related to your portfolio. It’s unlike any other insurance software or certificate tracking system available. Information stored by location includes property manager name, partnership name, billing entity, values, construction, vendors, tenants, flood zones, coverage, and premiums.
Insurance and Risk Management Tailored to the Real Estate Industry
Alliant Insurance Services is committed to forming long-term client partnerships through uniquely designed insurance and risk management programs tailored to your needs. A client retention ratio of nearly 95% is testimony to our success in achieving this goal. Whether the PRISM team assists with your risk management needs in the area of buying, building, leasing, or managing real estate assets, we provide the service on time and on budget.