Residual Value Insurance- Commercial Real Estate

  • Managing Director
    Posts: 16
    Posted: Nov 12, 2012 10:02 pm
    Jsanborn
    I am looking for markets who will write Residual Value Insurance (RVI), My US based client is going to be developing mixed use properties (commercial/residential) in China and would like to place RVI  to help them with their deal structure and to lower borrowing costs.  Thank you for any insight you may have. 

    Jennifer 
  • Principal
    Posts: 118
    Posted: Nov 13, 2012 12:04 pm
    Murphy
    Jennifer,

    Please contact me.  Our firm has several international markets.

    Gary Hargis
    Empire Pacific Sovereign
    gary.hargis@empirepac.com
    877-535-0888
    www.SovereignBrokers.com
  • Managing Director
    Posts: 16
    Posted: Nov 13, 2012 12:27 pm
    Jsanborn
    Gary:

    Thank you for your reply. In reviewing your website I don't see any mention of RVI as a product you place. Can you send me a list of the markets who would underwrite this for you and what your success rate is with these kindsof placements? 
  • Principal
    Posts: 118
    Posted: Nov 13, 2012 10:52 pm
    Murphy

    Jsanborn,

    We are brokers/agents for carriers with vast numbers of programs that cannot be listed individually on our web site.  Our business it based on relationships and trust.

    I broker for several international carriers with operations in China who will offer property and liability coverags.  It is diffcult in the extreme to state what our "success rate is with these kind of placements" without written applications.

    If you think there is a possibility we could be of help, feel free to contact me.    


  • Posts: 1
    Posted: Mar 3, 2013 3:34 pm
    vern862
    We are soon to be insurer in this class and always interested in opportunities.
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