Affordable housing
A nationwide champion of affordable housing.
Insurance considerations for the owners, developers, agencies, and partners who build and operate affordable housing.
Detroit
Risk consulting for the people building Detroit’s housing.
Affordable housing, real estate development, and construction. We model the risk and find the gaps before a program is placed, and we are in town this week to talk it through.
Who we serve
Three ways to build in Detroit, and the coverage each one needs.
Real estate development
Protect the investment and be ready for the unexpected.
Underwriters price a portfolio as a whole, and they read every asset. We make sure they read yours the right way.
Construction
Shield the project from risk through completion.
On a construction project, the insurance program is part of the structure. We build it to hold from groundbreaking to occupancy.
Coverage we place
- Builder’s Risk
- Owner’s Interest
- Property
- General Liability
- Excess
Nationwide expertise
Michigan is one of the places our client base is growing fastest.
We place and service programs across the country, and the specialist markets we work with follow us into each one. A project in Detroit gets the same access as a project in Minneapolis or New York.
Why we are here
Housing deals carry risks the standard market was not built to price.
Tax-credit equity, public subsidy, private debt, and a resident community, layered on one property. We work with the owners, developers, agencies, and partners who build and operate that housing, and we start by understanding the project rather than quoting it.
2005Founded as a one-person office
1000sof clients served, big and small
100,000+multifamily units insured
$1.2Bin active builder’s risk coverage
Risk consulting
The work that happens before the quote.
Most of the value in an insurance program is decided before anyone goes to market. These are the four questions we work through with you first.
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01
Insurance modeling
Budget support for new development and acquisitions, so the insurance line in your pro forma is a number you can defend.
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02
Probable maximum loss analysis
Right-size your limits to the loss you could actually face, and stop paying for over-insurance.
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03
Deductible structure analysis
Weigh the risk you retain against the premium you pay, and choose the structure on purpose.
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04
Risk transfer review
A legal read of the risk transfer covenants in your contracts, so the exposure sits where the agreement says it does.
While we are in town
Let’s talk about your next project.
Tell us a little about what you are building and how you would like to connect. Your note goes straight to Art Minus II, SVP, Business Insurance, who is with the team in Detroit.