Share these talks and lectures with your colleagues
Invite colleaguesPractice paper
Understanding underwriting: A look inside commercial real estate insurance — breaking down the driving differentiators behind property insurance pricing
Corporate Real Estate Journal,
8
(3),
228-234
(2019)
Abstract
For real estate owners and operators, the cost of commercial property insurance is a key economic driver, but each individual asset has its own set of risks and, as a result, pricing. What are the differentiators used by underwriters to price out a premium? What should owners/operators be looking for when purchasing a new property or building a business continuity plan (BCP)? This paper navigates the complicated world of commercial real estate risk.
Keywords: property; insurance; underwriting; risk
The full article is available to subscribers to the journal.
Author's Biography
Erik Nikodem senior vice-president and head of property and inland marine for Everest Insurance, is based in Boston, Massachusetts. Erik has over 30 years’ property underwriting experience and has held several executive positions within the commercial insurance industry in New York, Bermuda and Los Angeles. Erik holds a BSc in management information systems from Rochester Institute of Technology and an MBA from Southern New Hampshire University.
