May 11: Self-Insurance, Captives and Fronting Webinar from MBA Education, Insurance Advisors and Fortress Risk Consultants
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
The goal is for MBA members to develop a better understanding of everything from the fundamentals to the complexities of commercial insurance.
Click here for more information.
Summary
This webinar was designed to help explain some of the more sophisticated “alternative risk transfer” options utilized by property owners and borrowers to fund their risks. This webinar will start by reviewing typical language for insurance requirements and how borrowers use different forms of self- insurance to meet these requirements. We then analyze various self-insurance options that meet or don’t meet these requirements. We will focus on the use of large deductibles for blanket polices; formal self- insurance programs; captive insurers; fronted programs; and risk retention groups.
We will discuss the use of so called “TRIA captives” that borrowers use to insure their Terrorism exposures. This course is an excellent way to educate your personnel on types of risk funding programs utilized by large, insurance-savvy borrowers and their insurance brokers and agents.
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
Bernard “Bernie” M. Brown, CPCU, CLU, and President, Insurance Advisors LLC
CMF Series 2021 Schedule (Time 2:00-3:30 PM ET)
Commercial/Multifamily: Self-Insurance, Captives and Fronting – May 11, 2021
Commercial/Multifamily: Ordinance or Law Insurance – July 27, 2021
Commercial/Multifamily: General, Umbrella, and Professional Liability Insurance – September 14, 2021
Commercial/Multifamily: Overview of Commercial Insurance Compliance 2021 – October 14, 2021
Commercial/Multifamily: Commercial Insurer Ratings and Property Claims – November 16, 2021
CMF Series 2022 Schedule (Time 2:00-3:30 PM ET)
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