At Embroker, we’re excited to announce the launch of our new protection program designed for actual property brokers and brokers. As a digital insurance coverage firm dedicated to simplifying enterprise insurance coverage, we’ve developed this progressive program on our ONE expertise platform. It presents a complete resolution that features skilled legal responsibility, cyber, enterprise homeowners’, and employees’ compensation protection via a streamlined, single-application expertise.
Actual Property Agent Insurance coverage, Made Simple
A number of insurance policies, one quote. So you will get again to what issues.
Understanding the Trade’s Distinctive Challenges
To make sure our new program really addresses the wants of actual property professionals, we carried out an in-depth survey of greater than 150 actual property leaders, brokers, and auditors in Might 2024. The insights we gained revealed an {industry} dealing with vital pressures and distinctive dangers, confirming the necessity for specialised insurance coverage protection.
Our survey uncovered some hanging statistics:
- 51% of actual property professionals rely virtually solely on their cell telephones
- 35% incessantly make errors when utilizing cellular units
- 46% of corporations have skilled monetary losses attributable to these errors
- 48% of actual property professionals filed knowledgeable legal responsibility declare previously 12 months
Addressing the Rising Cyber Menace
We additionally discovered that cyber threats are an rising concern for actual property brokers and brokers.
- 45% say they’ve skilled a breach
- 82% have encountered phishing makes an attempt
- Solely 37% have not too long ago up to date their cyber protection
- 47% anticipate elevated cyber threats
These findings underscore the crucial want for sturdy cyber legal responsibility protection in the true property {industry}, which we’ve made a key part of our new program.
Our Complete Protection Answer
We’ve designed our new program to handle these industry-specific challenges, whereas offering the foundational protection that each enterprise wants. Our program contains:
- Tailor-made skilled legal responsibility protection for high-stakes actual property transactions
- Cyber legal responsibility safety in opposition to present and rising digital threats
- A complete enterprise homeowners’ coverage masking property harm, enterprise interruption, and normal legal responsibility
As our CEO, Ben Jennings, explains:
“Actual property as a occupation is dealing with radical change. Amid layoffs, cyber-attacks, and shifting shopping for behaviors, brokers and brokers too usually aren’t getting the protection they want out of their insurance coverage insurance policies. Given the speedy evolution of the {industry}, actual property professionals want really tailor-made protection that gives peace of thoughts to allow them to function worry-free. Embroker’s method offers them with a single-destination resolution, an elevated buying expertise, and luxury that comes with protection constructed for his or her particular wants, not generic protection.”
A Single-Vacation spot Answer
At Embroker, we satisfaction ourselves on offering a single-destination resolution. Our method presents a quick and straightforward shopping for expertise and the peace of thoughts that comes with understanding your protection is specifically tailor-made to your wants. We’ve designed this complete program to eradicate the gaps usually present in generic insurance policies, making certain that each side of an actual property agency’s operations is safeguarded.
As the true property {industry} continues to evolve, we’re dedicated to increasing and adapting our program to persistently meet the wants of this dynamic sector. Our purpose is to supply actual property professionals with the peace of thoughts they should give attention to their core enterprise actions.
We’re thrilled to supply this specialised protection to the true property group and look ahead to supporting professionals on this important {industry}. For extra data on our new actual property program or different protection choices, please go to www.Embroker.com/Actual-Property/.
Actual Property Agent Insurance coverage, Made Simple
A number of insurance policies, one quote. So you will get again to what issues.
