Real Estate Insurance, Benefits and Risk Advisory

Commercial real estate owners face a distinctive combination of pressures: tightening lender requirements on deductibles and coverage limits, a market that continues to scrutinize complex and distressed assets, and emerging exposures from electric vehicle charging infrastructure, lithium-ion battery systems and building repurposing projects that standard commercial property policies were not designed to address. HUB advisors work with commercial real estate owners to build programs that satisfy lender covenants without overbuying, engineer submission packages that attract competitive carrier terms and identify coverage gaps before they show up in a claim. For large and complex portfolios, HUB designs layered and shared program structures that distribute risk across multiple carriers at the most cost-effective attachment points.

Residential investment properties, including apartment buildings, multifamily housing, condos, co-ops and student housing, carry a liability profile that requires purpose-built program design. Habitability claims, slip and fall incidents, water damage and tenant-related disputes are exposures that standard policies can underestimate, particularly as claim frequency and severity trends in residential real estate continue to develop. HUB's residential real estate insurance programs bring dedicated habitational expertise, structuring coverage and risk management strategies suited to the scale and tenant turnover profile of the portfolio.

Third-party property management companies carry a risk that differs materially from owner-operators. Management liability, errors and omissions (E&O) and professional liability exposures exist alongside the operational property and casualty coverages that apply to all real estate entities. Compliance failures under provincial and federal human rights legislation, accessibility requirements and tenant protection statutes, lease disputes and tenant injury claims all route to the management company when third-party oversight is the operating model. Human rights tribunal complaints and regulatory investigations are a particular exposure for management companies navigating the obligations that sit between owners and tenants. HUB's property management insurance practice builds programs that address both the operational exposures of managing physical assets and the management liability exposures that arise from the manager's role between owners and tenants. Cybersecurity and crime coverage are also core components, as property managers handle tenant payment data, wire transfers and access credentials that make them targets for fraud and ransomware attacks.

Condominium corporations and strata councils manage the governance, common property and insurance obligations for thousands of units, often without dedicated insurance expertise on the board. Coverage gaps in directors and officers (D&O) liability, fidelity and crime coverage and property insurance for common areas create exposure that surfaces at precisely the moment the board is least equipped to manage it. HUB advisors design tailored programs for condominium corporations and strata communities, combining property, liability, crime and auto coverage with governance-focused support, addressing the full property and governance insurance picture in line with provincial frameworks such as British Columbia's Strata Property Act, Ontario's Condominium Act and Quebec's Civil Code.

Industrial and warehousing properties face emerging fire and property damage exposures from lithium-ion battery storage systems and EV charging infrastructure that standard commercial property policies don’t adequately address. Developer and subdivider clients require integrated programs covering builder’s risk, environmental liability, surety and professional liability: coverages that interact across the development lifecycle. Shopping centre owners managing diverse tenant mixes, including non-standard tenants such as cannabis dispensaries, require carriers that don’t exclude specialty retail uses. HUB Shopping Centre Insurance addresses this gap with purpose-built coverage for single and multi-tenant retail environments. HUB advisors can also source additional excess liability capacity for real estate owners and operators managing concentrated portfolios.