Commercial/Multifamily: Builder’s Risk Insurance: Analysis and Perspectives

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  Regular
MBA Member Price $0.00
Non-Member Price $399.00

Description

Series Summary

Commercial insurance is a complex and dynamic component of the real estate finance industry. In recognition of the training needs of our members, MBA Education has developed a comprehensive program covering the various elements of commercial insurance. In collaboration with Insurance Advisors LLC and Fortress Risk Consultants LLC, MBA Education will offer 12 webinars over the course of a two year period covering the following four categories:

1) Introductory and Overview

2) Types of Commercial Insurance

3) Commercial Insurance Industry Processes

4) Commercial Insurance Compliance

Our goal is for MBA members to develop a better understanding of everything from the fundamentals to the complexities of commercial insurance

Series Schedule

CMF Series 2022 Schedule:

Commercial/Multifamily: Commercial Insurance Issues and Problems 2022 - February 15, 2022
Commercial/Multifamily: Builder’s Risk Insurance: Analysis & Perspectives - March 9, 2022
Commercial/Multifamily: Essential Overview of Business Income Insurance - July 13, 2022
Commercial/Multifamily: Commercial Insurance Compliance 2022 - October 6, 2022

Summary

With guidance from an industry expert, you will gain insight into the pros and cons of policy purchases, when it is advisable to utilize a "Course of Construction" endorsement, or when to procure a true builder's risk policy. Discussion will focus around the components of hard costs, with detailed explanations about what is "covered property" and permanent vs. temporary works. Significant analysis will be given to the overlooked subject matter of soft costs and the risks of delays in project completion. Throughout the presentation, earn about standard coverage parts, perils and exclusions, when coverage ceases and the transition to permanent insurance.

 

Time

2:00-3:30 PM ET

Experience Level

  • Entry-Level
  • Intermediate

Who Should Attend?

  • Real Estate Owners & Investors
  • Insurance Directors
  • Loan Closers & Underwriters
  • Commercial Servicers
  • Others concerned with insurance matters, such as attorneys and consultants who work within the real estate industry

Speaker(s)

  • Mike McDaniel, President & Owner, Fortress Risk Consultants, LLC