Ensuring Clients, Developments & Facilities Are Fully Covered For Every Eventuality
Realty are a RICS licenced ‘Designated Professional Body’ (DPB) approved by the Treasury under Section 326 of the Financial Services and Markets Act 2000. This means that we are approved and regulated to conduct insurance mediation services and are one of the few managing agents able to legitimately offer insurance advice, assist with policy brokerage, handle insurance claims and valuations and help our clients to complete insurance paperwork.
There are a range of insurances that should be considered in the block management sector, not just buildings insurance. These include specialist cover required in statute equipment such as lifts, liability cover for Directors of Resident Management Companies, and policies to cover the direct employment of staff at a development.
We discuss every Clients insurance requirements in detail and then work with a wide panel of specialist brokers who make recommendations and transparently provide comprehensive cover at competitive rates. As we place many hundreds of policies each year, Realty are able to offer all the advantages of bulk buying, whilst still retaining an individual claims record.
Realty negotiate excellent terms for the majority of our Clients, however our brokers are also able to arrange reasonably priced insurances for higher-risk developments, such as those with a poor claims history or with a liability to flooding.
We work closely with the brokers and insurers over claims to submit and progress all claims swiftly and efficiently. Realty will also arrange periodic insurance cost assessments to ensure our developments are insured for the appropriate value and no shortfall exists should a claim need to be made.
Block Management Insurances
- Buildings Insurance
- Terrorism Cover
- Public Liability
- Employers Liability
- Directors & Officers Liability
- Statutory Engineering