Risk Management Solutions |
Risk Management Solutions for Student Residential Facilities
The principals of S.S. Nesbitt & Co., Inc., have been insuring and providing risk management solutions for student residential facilities for nearly 2 decades. General Manager Steve Nesbitt became involved in supplying quality insurance coverage for privately owned student apartment communities in 1990. Today, S.S. Nesbitt insures student communities located on and/or near major college and university campuses nationwide. Nesbitt's understanding of the challenges associated with insuring student residential communities comes from years of addressing the unique demands placed on the owners of these facilities. As a result of their experience, Nesbitt has developed a method for offering comprehensive insurance programs designed with highly rated products, as well as specialized risk management solutions, which serve to maximize coverage and minimize exposure. Specialized Independent Consulting Service In addition to S.S. Nesbitt's insurance and risk management services, our highly qualified Certified Insurance Consultants (CIC) specialize in performing insurance assessments and certifications often required as part of a common financing structure used to fund the development of many student residential facilities. The tax-exempt financing model quickly became the industry standard following its introduction into the student housing market in 1997. Because of the popularity and success of this financing method, rated and insured financings became an option for underwriters and investors. However, due to the strict criteria of national bond insuring agencies, all parties to these transactions must verify and affirm the appropriate placement of specific insurance coverage. The CIC at S.S. Nesbitt plays an important role in fulfilling this financing requirement. By reviewing applicable contracts and leases for accuracy and completeness, our CIC is qualified to prepare a written certification that serves to avoid last-minute delays in closing these time-sensitive financings. S.S. Nesbitt's clients benefit from the knowledge and understanding that have resulted from years of experience in addressing student residential insurance issues. This is yet another unique advantage S.S. Nesbitt offers their clients over most insurance agencies and professionals.
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© 2007 EBSCO Industries, Inc. All rights reserved.
S.S. Nesbitt & Co., Inc. is a wholly owned subsidiary of EBSCO Industries Inc. |
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