Insurance Offering Helps Ease Housing Crunch Faced by Students Nationally
Denali, the independent wholesale insurance specialist, today announced that its Investor Property Program has grown to include student housing. The expansion of Denali’s package insurance for investor properties is well timed. Limited housing supply and high demand at U.S. colleges and universities are fueling sales of off-campus student housing. Denali’s new offering helps retail insurance agents support their property clients by unlocking the opportunities of the booming student property market.
“The off-campus housing sector generally isn’t linked to the overall economic outlook, making it a great diversifier in a commercial real estate portfolio,” said Michael J. Eichhorn, President and CEO at Denali Specialty Group. “We saw real estate investors eye student housing as college dorms came up short. This accelerated our interest in putting together a student housing offering expanding on our focus on clients that own apartment buildings and rental dwellings.”
The Denali Investor Property Program “Investor Pro” package insurance features and benefits include:
- Now including Student Housing.
- Package offering.
- Ability to offer Assault and Battery coverage sub-limits.
- Earthquake and Equipment Breakdown coverage options available.
- Higher Limits now available.
- Builders Risk and Vacant coverage available.
“We teamed up with Denali as they were a great fit both from a product and pricing perspective,” said a recent Midwest-based client. “Their focus on the investor property space resonated with us, and their responsive service has made every interaction friction free. We are excited to bring this program to our clients.”
For more information, visit: https://denali-specialty.com/programs/student-housing/
About Denali
Denali Specialty is an independently owned specialty insurance intermediary, focused on serving retail and select wholesale agencies with its program solutions and delegated underwriting authorities. Denali’s mission is to deliver exceptional service while providing competitive placement solutions to the diverse needs of our valued producing partners.
The group is founded by Michael J. Eichhorn, CPCU, and former senior lead executive at Breckenridge Insurance Group and Keating Inc. For more information, please visit: https://denali-specialty.com/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20231213187486/en/
Contacts
Chelsea Allison
chelsea@cmand.co
CMAND for Denali