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November 27, 2019

Insurers Rethink Property Coverage As Seas Rise

By Partner ESI

REASONS TO ADD A RESILIENCY COMPONENT TO YOUR PCA

Many property owners still depend on insurance as the first line of defense against climate change risk, but insurers are now reevaluating the coverage and prices they want to offer.  In response, some real estate investors are adding a resiliency component to their property condition assessments. Elizabeth Krol, PG, discusses strategies to mitigate risk related to climate-change in this interview with PERE Magazine. Click here to view the full article.

About the Authors

Partner ESI

Partner ESI

Founded in 2007, Partner Engineering and Science Inc., is the leading provider of engineering, environmental, energy, and construction consulting for the commercial real estate (CRE) industry. Touching 1 in 5 CRE transactions in the U.S., Partner is widely recognized as the largest and best provider of third-party physical due diligence reports, including Phase I Environmental Site Assessments, Property Condition Assessments, Seismic Risk Assessments, Zoning Reports, ALTA Land Title Surveys, and Construction Risk Management. Partner’s connectedness to the CRE market gives it an unparalleled view into CRE trends and risk management insights. Partner also provides a full suite of consulting services to support the entire real estate lifecycle, including: Geotechnical Consulting; Building Systems Consulting; Capital Management and Project Implementation Support; Environmental Health & Safety Consulting; Energy, Sustainability & Resilience Consulting; and Site Civil Engineering. With a responsive approach scaled for speed and agility, Partner helps clients manage risk, make smart investments, optimize asset performance, and win at their real estate investment strategies. Based in Torrance, Calif., Partner has over 1,400 employees in 40 offices around the globe.

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