Deal Flow Friday

Deal Flow Friday Trailer Bonus Episode 3 Season 1

Insurance: Michael Brodie - Marsh

00:00
LA WILDFIRE - DONATION LINKS:

⁠Red Cross Wildfire Relief Efforts⁠
GoFundMe.org Wildfire Relief Fund⁠

⁠Los Angeles Fire Department Foundation⁠
⁠Salvation Army Wildfire Relief⁠

In this episode of Deal Flow Friday, David Moghavem invites Michael Brodie from Marsh Insurance, along with Max Sharkansky from Trion Properties, to discuss the current state of the commercial and residential insurance market, particularly in light of recent natural disasters such as wildfires and hurricanes. They explore the implications of taxpayer-funded insurance programs, the importance of resilience in property investment, and the evolving philosophy around insurance coverage. The conversation also touches on the future of construction materials and market trends, including predictions for insurance premiums and the challenges faced in the casualty insurance market. The episode concludes with a hopeful outlook for the insurance landscape as it begins to stabilize after years of volatility.

Chapters

00:00 Acknowledgment of Los Angeles Wildfires [Donation Links Available in Show Notes]
04:14 Introduction, Max and Michael
08:09 Understanding Residential Taxpayer-Funded Insurance Programs
11:52 Resilience in Property Investment 
18:17 The Balance of Coverage vs Premium
21:26 Insurable Construction Standards vs Cost of Construction 
24:38 How Catastrophic Residential Losses affect Commercial Insurance Market
30:27 "Park Place & Boardwalk": Top Markets for Insurers? 
33:16 Underwriting Trends in Adjusting Risk Models
36:25 Predictions on Where Insurance Premiums are Going
39:32 Casualty Insurance Trends

What is Deal Flow Friday?

Every Friday, join us as we dive into the latest in real estate multifamily with David Moghavem, Head of East Coast Acquisitions at Trion Properties. David invites top experts who know the ins, outs, and trends shaping the real estate multifamily market across the nation!

Whether you’re a seasoned investor or just curious about where the next big opportunity might be, Deal Flow Friday brings you the weekly inside scoop on what’s hot, what’s not, and what to watch for in today’s ever-evolving real estate scene.