Navigating the evolving risks of commercial properties means brokers require a proactive approach to helping clients select the right building and adequately safeguard their investment. Jason Ostapeic, Unica Insurance’s Senior Risk Control Consultant, discusses hidden exposures and risk control strategies your clients need to mitigate risks they may not know they have.
As businesses grow and new opportunities arise, many are expanding their footprints.
Whether it’s securing additional warehouse space, upgrading office environments, or investing in a bigger retail plaza, selecting the right commercial property is a critical part of their growth strategy.
By guiding clients through complex real estate decisions and risk management strategies, brokers have an important role to play as trusted advisors.
Understanding Commercial Property Risks
“Businesses may miss crucial exposures when selecting a building,” says Jason Ostapeic, Senior Risk Control Consultant at Unica Insurance. “Not addressing these risks could pose significant challenges down the road.”
Risks often include inadequate sprinkler …