Commercial Real Estate Insurance - Multi-family Apartment - Chicago, IL

Posted by McGriff, Seibels & Williams in Dallas-Fort Worth-Arlington, TX on Sep 16, 2008

Chicago – Multi-family apartment buildings are one of the commercial real estate insurance specialties of Morgan McMillan and Morgan Ryan, Vice Presidents, brokers, and multi-family apartment insurance experts at McGriff, Seibels and Williams (MSW).
Morgan McMillan and Morgan Ryan specialize in creating comprehensive and customized commercial real estate insurance programs for property owners in the Chicago, IL area.

 

The types of assets insured by the commercial real estate experts at McGriff, Seibels and Williams includes:

 

  • Multi-family Apartments
  • Office Buildings
  • Shopping Centers
  • Industrial
  • Hotels
  • Golf Courses and Country Clubs
  • Condominiums
  • Student Housing


Proven History of Commercial Real Estate Insurance Success

Consider the following representative MSW experience:

August 2007- An established property management company based in the Midwest with 70 locations in 6 states consisting of multi-family and commercial buildings had coastal insurance problems.  Their property values were $250,000,000 with $50,000,000 being in Harris County or other Tier 1 locations around the Houston area.  Over $2,000,000 of property claims had recently been paid.  After reworking their property program, we were able to reduce their overall insurance program by 25% while improving the terms and conditions.

Commercial real estate and multi-family apartment owners in the Chicago, Illinois area who are looking to reduce their commercial real estate insurance premiums while more effectively managing risk can do so by choosing to work with Morgan McMillan and Morgan Ryan of McGriff, Seibels and Williams.  

Morgan Ryan and Morgan McMillan will create a risk management strategy for your Chicago-based commercial real estate or multifamily apartment that will result in the lowest possible premiums for the most common types of commercial real estate insurance:

    * Commercial Property (including wind, flood and earthquake)
    * Boiler and Machinery
    * Builders’ Risk
    * Commercial General Liability and Umbrella
    * Worker’s Compensations and Employer’s Liability
    * Automobile and Garage Keepers
    * Environmental Liability

  • Learn more about the successful commercial insurance experience that Morgan McMillan and Morgan Ryan bring to the Chicago, Illinois market.
  • Find out more about the specific business insurance programs and services offered by Morgan McMillan and Morgan Ryan in Chicago, Illinois.
  • If you are a restaurant owner, the Morgan and Morgan team at McGriff, Seibels and Williams also specializes in developing customized restaurant insurance programs in Chicago as well.



Morgan McMillan and Morgan Ryan are Vice Presidents and commercial real estate insurance experts at McGriff, Seibels and Williams, both of whom work with property owners and multi-family apartment owners in the Chicago, Illinois area.  

Morgan McMillan was honored by Risk Finance Quarterly in its Global Spotlight of ten top industry performers, based on interviews with industry peers, clients, and carriers.  Due to their commercial real estate insurance expertise and experience, both Morgan McMillan and Morgan Ryan have been featured authors on property insurance and multi-family apartment insurance topics.

 

McGriff, Seibels and Williams is the eighth-largest insurance brokerage firm in the United States.  The Company also has a 300% growth rate over the last ten years, without acquisitions, and places over $7 billion worth of insurance premiums annually.  MSW effectively serves property owners in the Chicago, Illinois market through its representation of over 100 insurance companies and intermediaries in its 10 main office locations throughout the United States. 

MSW’s national commercial real estate insurance client list includes Sealy, Heritage Partners, Edens and Avant, Ruffin Companies, Greenbriar Mall, Honours Golf, Resource Real Estate Partners LLC, Sunterra Resorts, and many others.  In the January 2008 Best Practices Report conducted by the Independent Agents & Brokers of America, which looked at more than 800 independent agencies and brokers, MSW was singled out for operational excellence, financial results, and overall management achievements as well as named one of the six “Top Performing Agencies.”