Attend Our Session
Taming the Insurance Beast: Strategies for Controlling the Uncontrollable with David Stanford
Tuesday, May 6, 2025 | 11:00 AM – 12:00 PM – During the COO Strategy Council (By Invitation)
In recent years, insurance has evolved from a minor operational expense to a major financial challenge, significantly impacting NOI margins and property values. This session, led by industry experts, will explore the rapidly changing landscape of property and casualty insurance, offering strategies to address rising premiums and transform insurance into a controllable cost.
Key Topics:
- Understanding the Shift in Risk Costs: Analyze the drivers behind rising insurance premiums and their impact on property values and NOI.
- Reframing Insurance as a Controllable Cost: Learn how companies are adopting professional risk management practices and alternative solutions like captives.
- Innovative Strategies for Cost Reduction: Hear from panelists about real-world solutions and cross-industry practices to minimize costs and enhance predictability.
- Data and Risk Management Upskilling: Address challenges with “dirty” data and the need for specialized expertise within risk management teams.
Why It Matters:
With insurance costs doubling over recent years, proactive strategies are essential for reducing risk costs, improving coverage, and unlocking NOI growth. This session will provide attendees with actionable insights to create measurable financial impacts and competitive advantages.
Key Takeaways:
- Insights into the evolving insurance market and its financial impact
- Frameworks for managing insurance as a controllable cost
- Real-life examples of successful risk reduction initiatives
- Tools and strategies for enhancing risk management expertise and portfolio value
COO Strategy Council (By Invitation)
8:00 AM – 5:00 PM | Driftwood
The Council will feature a mix of presentations and moderated round-robin surveys of the room that encourage feedback from everyone and deep sharing among the best problem solvers in the industry. Invitations will be limited to senior operational leaders of multifamily ownership and management platforms. Invitees are invited to enjoy the entire AIM Conference experience.
