Insurance Procurement Support
Bradley Risk provides independent, market-intelligent insurance procurement support built exclusively for multifamily real estate portfolios. With a real-time macro view of insurance market conditions, we know what the market can realistically bear for a given portfolio—and when, and by how much, rates should be falling once all portfolio nuances are properly accounted for. Our support ranges from low-touch advisory guidance to full-scale insurance procurement management, including multi-phase program overhauls and broker RFQs/RFPs.
Best for: Owners and operators seeking independent, unbiased insurance advocacy to drive down pricing whilst ensuring coverage and program structure are appropriate for your portfolio.
Market-Intelligent Insurance Strategy Built for Multifamily Portfolios
Bradley Risk provides independent insurance procurement support grounded in a real-time macro view of the insurance marketplace and an exclusive focus on multifamily real estate portfolios. Because we work continuously across portfolios of varying size, geography, and risk profiles, we know what the insurance market can realistically bear at any given time - and when pricing, terms, or structures are out of alignment with underlying risk.
Our approach goes beyond quote comparisons. We evaluate each portfolio within the broader market context, incorporating loss experience, asset characteristics, geographic concentration, construction class, operational controls, and coverage requirements to determine what your program should cost and what it should look like. We know when, and by how much, rates should be falling for a specific portfolio once all nuances are properly accounted for, and we ensure those reductions are pursued and realized.
We are not compensated by brokers or carriers and do not sell insurance. This independence allows us to challenge market narratives, push back on unjustified rate increases, and advocate for the most robust coverage terms available for your risk profile. Our objective is to secure an insurance program that reflects true portfolio risk, maximizes coverage quality, and evolves intelligently as both your portfolio and the broader market cycle change.
Insurance procurement support can range from low-touch, behind-the-scenes guidance and feedback to our most comprehensive insurance procurement management engagements. At the highest level, this may include a multi-phase overhaul and strategic redesign of your insurance program; spanning broker selection, market re-positioning, coverage restructuring, and long-term program optimization.
Engagement Models
Low Touch Advisory Support: Behind-the-scenes guidance to your internal team and existing broker, including submission review, quote evaluation, market feedback, coverage gap identification, and strategic input on pricing, limits, and structure. Ideal for organizations that want independent validation without disrupting current broker relationships.
Renewal Strategy & Negotiation Support: Targeted engagement during renewal cycles to assess market conditions, pricing trends, loss impacts, and carrier appetite. We provide executive-level analysis and negotiation positioning to ensure rate movements, up or down, are justified by data and your end result is the most competitive available in the marketplace.
Full Placement Oversight: End-to-end management of the insurance procurement process, including portfolio exposure analysis, submission development, broker strategy guidance, carrier marketing oversight, quote evaluation, and coverage benchmarking. We act as your independent advisor alongside your broker to ensure pricing, structure, and terms are aligned with current market capacity and portfolio-specific risk.
Multi-Phase Program Overhaul: A comprehensive, structured redesign of your insurance program, which may include:
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Administration of Retail and/or Wholesale Broker RFQs and RFPs
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Broker finalist evaluations and transition planning
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Market repositioning strategy
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Deductible, retention, and limit optimization
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Layered program design and alternative risk financing evaluation
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Coverage form benchmarking and manuscript endorsement negotiation
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Long-term cost modeling and risk-financing roadmap development
Broker Selection & RFP Support: Independent development and administration of broker RFQs/RFPs, finalist interviews, scoring frameworks, and transition planning to ensure broker alignment with your portfolio complexity, growth strategy, and advocacy expectations.