065: Mitigating Risks with Reliable Multifamily Insurance - With Bryan Shimeall

We Build Great Apartment Communities

The insurance industry is probably one of the most spread out and least appealing thing that operators and investors deal with - which then often leads to having challenges in looking for the right total protection that they need. Fortunately today in our episode, Bryan Shimeall of Multifamily Risk Advisors talks about solutions for these habitation risks and expert-level ways on how to mitigate and manage it.

Bryan Shimeall is the Vice President of Multifamily Risk Advisrors, a division of Tanner, Ballew and Maloof formed to leverage the firm’s 20-plus years of experience handling insurance for the multifamily industry.

Come on and let us dive deep into the world of multifamily insurance including risk financing, pricing premiums to even the importance of getting inspections reports early. Another golden nuggets-jammed packed episode that will help us all build great community apartments.

Episode Highlights:

• Habitational risks at this time of pandemic
• How operators can better price their property prior to opening an escrow
• Common losses in the market that we are in today
• Being proactive about risks issues through inspection reports
• Changes at how insured values are being approached.

Connect With Bryan:

• Email
• LinkedIn

About Our Guest:

My name is Bryan Shimeall and I am with Tanner, Ballew and Maloof's Multifamily Risk Advisors (MRA). I, on a national, provides insurance and risk services for apartment investors, managers and developers. As one of the few multifamily specific insurance specialists in the country, MRA understands the mechanics of the MF industry and we support our clients in a variety of ways that are unique to our industry. Our service platform allows MRA to operate as an “outsourced risk manager” and a true partner focused on mitigating risk while reducing per door insurance cost. Over our 20 years, we have gained an in-depth understanding of the apartment industry and its needs. As such, we have developed numerous innovative solutions to meet those needs by leveraging our relationships throughout the insurance world. We excel in the the proper placement of resources, products, and services while supporting the overall growth of a portfolio.

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