INSTITUTIONAL CLIENT SPOTLIGHT
PORTFOLIO OF OVER 7,000 MULTIFAMILY UNITS
OPERATING ACROSS 12 STATES
Franklin Street consistently wins big business in the Institutional client space due to our tailored , high-touch client services that go above and beyond our national competitors .
FLOOD INSURANCE EXPERTS
BAY WEST COMMERCE PARK
HIGH HAZARD FLOOD ZONE
Utilizing our expertise in NFIP policies , Franklin Street was able to remove Bay West Commerce Park from the High Hazard Flood Zone — a challenging feat since the property was built above a body of water . This allowed our client to obtain NFIP Flood Coverage at an affordable rate , saving this new acquisition and taking it to closing .
PORTFOLIO ADMINISTRATION Premium billings | Premium financing | Audits | Benchmarking | Certificates of Insurance | Individual invoices per location | Coordinate & facilitate carrier loss control site visits | Carrier inspection reviews & negotiation on unreasonable repair requests | Policy review & delivery | Quarterly stewardship reports | Endorsement requests
ACQUISITIONS & LENDER COMPLIANCE Insurance estimates for underwriting new acquisitions | Analyze & quantify appropriate replacement costs values | Review Lender ’ s insurance requirements & identify any that are unreasonable | Marshall & Swift Valuations | Negotiate unreasonable requirements with lenders | Flood zone analysis & LOMA feasibility | Provide all insurance documentation to ensure timely compliance | Request Insurance waivers if necessary & ensure approval
CLAIMS ADVOCACY & RISK MANAGEMENT Analyze risk exposures & liabilities | Conduct on-site loss control visits | Develop comprehensive risk management plan | Summarize historical loss costs | Design benchmarking reports that monitor program successes | Conduct trainings for property management staff | Workers Compensation program oversight | Provide assistance in complying with loss control recommendations | Design best practice litigation management protocols | Develop a self-inspection & evaluation program
BROKERAGE & PLACEMENT Statement of Values Audit | Analyze & quantify appropriate replacement cost values | Loss Summary Analysis | Deductible / Retention Analysis | Conduct Catastrophe modeling reports | Flood zone analysis & LOMA feasibility | General market updates | Conduct coverage analysis of quotes & critique of carrier policy language | Premium cost allocation by location | Consult on Insurance requirements & Indemnity language for Vendor & Lease Agreements | Ongoing coverage analysis & critique of policy language | Hold Pre-Renewal Meetings to set goals & provide expectation of results