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LRO Property Insurance Black Swans and Unicorns

LRO Property Insurance Black Swans and Unicorns

The US celebrated a delayed 2020 “Small Business Week” – and we’re happy to see that as the clock winds down on this year and the undeniable, painful “black swan” event impact on many businesses, bright spots can be found. For retail insurance brokers and their commercial property owners and lessors, commercial LRO property insurance is key to protecting their real estate investment, creating a safe environment for the millions of current – and future – small business owners populating communities across the country, and the next unicorns to come forward.

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Cannabis Crop Insurance; A Closer Look

Cannabis Crop Insurance; A Closer Look

Novita’s Medical & Recreational Cannabis Program is one of the very few options in the marketplace for outdoor cannabis cultivation – including seeds, seedlings, clones, vegetative and flowering plants – harvesting plants, and finishing stock.

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COMMERCIAL LESSOR’S RISK (LRO)

COMMERCIAL LESSOR’S RISK (LRO)

LRO Properties Novita Insurance Solutions.  Market specalists in custom-crafted, innovative commercial property and liability packages that can meet the needs of most any insured. Comprehensive coverage for property owners and managers.  Targeted classes include...

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COMPREHENSIVE CANNABIS COVERAGE

COMPREHENSIVE CANNABIS COVERAGE

Medical & Recreational Cannabis Insurance Program Specialized Products for Cannabis, Hemp, and CBD Exposures Comprehensive Cannabis Coverage from Novita Insurance Solutions. Targeted classes from seed-to-smoke shop and everything in between. Available coverages...

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LRO Insurance Uses Lease as Initial Insight Into Risk

LRO Insurance Uses Lease as Initial Insight Into Risk

When working with commercial property Lessors Risk Only (LRO) clients and prospects, retail insurance agents and brokers should evaluate current tenant leases and agreements to gain important insight into how a landlord approaches risk. It also puts the retail agent/broker in a unique position to suggest, recommend and assist a landlord in making necessary changes and upgrades to protect their property asset, and to demonstrate your value as a knowledgeable, trusted source, and ideally an integral voice within their inner circle of financial advisors. Novita Insurance Solutions offers insurance agents/brokers actionable tips on how to best serve commercial real property owners while growing their book of business.

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LRO Academy: Operational Considerations

LRO Academy: Operational Considerations

In our continuing series “LRO Academy,” we look in this post at operational considerations around evaluating, recommending and selling Commercial Lessors Risk Only (LRO) policies. With building ownership comes great responsibility and for building owners who are also...

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How to Sell Insurance in a COVID-impacted World

How to Sell Insurance in a COVID-impacted World

Insurance brokers and agents, like 99.9% of all businesses, are being greatly impacted by the pandemic. Over the next several posts in our blog post series “LRO Academy,” we’ll examine how to position agents new to Lessor’s Risk accounts to be more effective and increase prospect sales and current client engagement.

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Wholesale/Broker Relationships are Key to Success

Wholesale/Broker Relationships are Key to Success

As an intermediary, wholesalers focus on relationships – with the retail brokers, and with carriers. The retail broker looks to a wholesaler to bring knowledge, innovation, credibility, experience, and service to the table for the benefit of their clients. Novita Insurance Solutions combines this with creativity, innovation, and efficiency.

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Delivering Efficiency, Speed, Accuracy

Delivering Efficiency, Speed, Accuracy

Wholesale brokers continually prove themselves as valuable allies to the retail broker community when it comes to handling difficult-to-place risks. As a wholesaler, Novita Insurance Solutions not only has the expertise, but the efficiencies of resources and responsiveness – from fast, accurate, and decisive underwriting to proactive, experienced and claims handling.

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