With today’s volatile real estate market, increased regulatory scrutiny, and ongoing catastrophe exposure, real estate companies are looking to reduce risk in every way possible. But many real estate companies are still managing risks with a fragmented view through manual and time-consuming efforts, resulting in higher loss costs, potential regulatory fines, and diminished brand reputation.
Marsh ClearSight helps real estate companies ensure their properties are adequately protected. Over the last year, 21 real estate and hospitality clients used Marsh ClearSight to reduce labor time by an average of 30% during the value collection process ahead of renewal. This resulted in a 30% to 50% reduction in the time required to complete the values collection process, or an estimated savings of $25,000 to $100,000 for clients with 200 to 2,000 locations.