From Move-In to Move-Out: 3 Risk Management Strategies to Limit Your Exposure
May 26, 2022
Ryan Lumsden, president of Mutifamily Housing with Assurant, shares insights on building a cohesive risk-management strategy.
Are you focused on the right things when it comes to risk management?
Multifamily risk management begins before the lease is signed and continues even after lease termination. Effective strategies address not only property damage, liability and bad debt but also occupancy, reputation management, leasing staff satisfaction, optimizing NOI and more.
Assurant President of Multifamily Housing Ryan Lumsden shares guidance on:
- Assessing and understanding potential risks and risk exposure
- Establishing protocols and best practices for compliance
- Evaluating your risk appetite relative to your asset
- Positioning your risk stack in light of rising insurance rates