Property Practice Group



ABOUT CRC'S PROPERTY PRACTICE GROUP


CRC is a leader in property brokerage with over $1.4 billion in property premium placed in 2015.

CRC’s Property Practice Group consists of over 100 property brokers who focus on Property risks across the country. They meet annually and collaborate regularly ensuring thorough knowledge across CRC property brokers of market intelligence, policy developments, coverage details, and claims issues. Knowledge is shared freely, and results are achieved on behalf of our clients on accounts of virtually any size, industry, occupancy, or complexity.



CRC'S PROPERTY ACCOUNT CYCLE


Account  Analytics

CRC’s goal is to aid and assist our clients by providing a second set of eyes in addition to their in-house expertise through geocoding & mapping, CAT risk modeling, technical rate analysis, and location valuation and primary risk characteristic review. Ultimately this enables a proactive approach to program structure and pricing. The value of complete, organized, and accurate data in this process can’t be overstated.

Conceptualizing

In advance of going to market, CRC takes the extra step of evaluating accounts conceptually and providing feedback on program direction, a risk assessment report, suggested program structure, carriers to approach, and often estimated pricing. This maximizes underwriting efficiency, increasing mutual hit ratios, and, when appropriate, helps to ensure the I nsured’s comfort level with program limits, retentions, costs, and the overall strategic approach. It also establishes a strong foundation for the next step in the process – placement.

Placement

To cultivate carrier interest and maximize the insured’s advantages, we work with the decision makers at key carriers and utilize concise but comprehensive submissions that are declared “best in class” by underwriters for their ease of use – landing our accounts at the top of an underwriter’s inbox.

Proposal

CRC understands the pressure placed on our clients to deliver the most comprehensive and cost effective coverage. Our detailed proposals include an executive summary outlining agreed upon placement goals, detailing the marketing process, and fully explaining our results in a due diligence report, including coverage specification and analytics.

Claims

CRC is proud to be the only national wholesaler with a dedicated national claims department charged with monitoring claims activity for our clients from first notice of loss until final settlement. We work to take a proactive approach in the early stages of claims development.



GET STARTED


To begin a review and analysis of your account, please submit the following to your CRC property broker:
  • Schedule of Values (including all applicable locations)
  • Loss History (five years minimum)
  • Copies of expiring policies and coverage specifications


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PROPERTY APPLICATIONS

Builder's Risk
Property Terrorism
Schedule of Values
Vacant Building
 
             
CRC GROUP