Printer Friendly

Elliman extends insurance program to serve non-managed buildings.

Douglas Elliman has created a separate insurance purchasing group for owners and managers of real estate not managed by Douglas Elliman.

Three years ago, the company started a purchasing group for its own buildings.

Capitalizing on its expertise in protecting real estate risks, Douglas Elliman has created Distinguished Properties Associates Inc. Purchasing Group (Distinguished Properties). Distinguished Properties will equip eligible owners of real estate with the purchasing power necessary to buy comprehensive insurance programs at substantial savings from such financially-sound "A" rated insurers such as Aetna Casualty and Surety and Chubb insurance Company. Special benefits of the program include a $100 million umbrella limit per location -- priced well below what most buildings pay on their own for a $10 million umbrella limit -- and top service from a team of insurance brokers specializing in real estate.
COPYRIGHT 1993 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:real estate management firm owner Douglas Elliman creates Distinguished Properties Associates Inc. Purchasing Group
Publication:Real Estate Weekly
Date:Jun 30, 1993
Previous Article:Five firms renew leases at 1185 Ave of Americas.
Next Article:AEW closes on $27M in sales.

Related Articles
Douglas Elliman announces venture with Joan Quigg.
Douglas Elliman forms unit for investment management.
Douglas Elliman expands appraisal and consulting.
Making sure property management is bigger and better.
MetLife outsourcing apartment management.
Insignia hired for StuyTown.
BHS is tapped for 8 buildings.
IREM gears up to celebrate and congratulate brightest and best.
2007 Residential Rising Stars.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters