- MIPIM 2018
- Our Claims Code
We deliver innovative insurance placements and broad risk management services for student housing owners and operators.
Student accommodation produces revenue from either direct let or nomination arrangements and has key occupancy dates as a result of the academic year, resulting in a nonstandard real estate placement. Our role is to ensure the underwriter appreciates the nuance of a student housing risk as opposed to other traditional real estate portfolios.
We represent key student accommodation owners and operators within excess of 40,000 beds. Our broad policy wording covers not only the basic insurance needs of a student housing landlord, but also includes valuable extensions that non-specialist brokers’ and ‘off the shelf’ policies tend to overlook.
The policy is underwritten by 12 major insurers and is supported by an in-house property insurance administration system, known as ‘Asset’. Our ‘Asset’ system stores, organises and produces all the data relevant to the properties where insurance is arranged by REAC.
REAC places cover for the following areas of risk: