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 modern program on our ONE know-how platform. It provides a complete answer 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 may get again to what issues.
Understanding the Business’s Distinctive Challenges
To make sure our new program actually 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} going through vital pressures and distinctive dangers, confirming the necessity for specialised insurance coverage protection.
Our survey uncovered some putting statistics:
- 51% of actual property professionals rely virtually completely on their cell telephones
- 35% incessantly make errors when utilizing cell units
- 46% of corporations have skilled monetary losses as a result of these errors
- 48% of actual property professionals filed knowledgeable legal responsibility declare up to now 12 months
Addressing the Rising Cyber Menace
We additionally discovered that cyber threats are an growing concern for actual property brokers and brokers.
- 45% say they’ve skilled a breach
- 82% have encountered phishing makes an attempt
- Solely 37% have just lately up to date their cyber protection
- 47% anticipate elevated cyber threats
These findings underscore the important want for robust cyber legal responsibility protection in the true property {industry}, which we’ve made a key element of our new program.
Our Complete Protection Answer
We’ve designed our new program to deal with these industry-specific challenges, whereas offering the foundational protection that each enterprise wants. Our program consists of:
- Tailor-made skilled legal responsibility protection for high-stakes actual property transactions
- Cyber legal responsibility safety towards current and rising digital threats
- A complete enterprise homeowners’ coverage protecting property injury, enterprise interruption, and common legal responsibility
As our CEO, Ben Jennings, explains:
“Actual property as a career is going through radical change. Amid layoffs, cyber-attacks, and shifting shopping for behaviors, brokers and brokers too typically 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 actually tailor-made protection that gives peace of thoughts to allow them to function worry-free. Embroker’s strategy supplies them with a single-destination answer, 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 delight ourselves on offering a single-destination answer. Our strategy provides a quick and straightforward shopping for expertise and the peace of thoughts that comes with realizing your protection is specifically tailor-made on your wants. We’ve designed this complete program to get rid of the gaps typically 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 constantly meet the wants of this dynamic sector. Our purpose is to supply actual property professionals with the peace of thoughts they should deal with 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 very important {industry}. For extra info on our new actual property program or different protection choices, please go to www.Embroker.com/Real-Estate/.
Actual Property Agent Insurance coverage, Made Simple
A number of insurance policies, one quote. So you may get again to what issues.
