Marcus & Millichap Names Brown & Brown Preferred Partner for Insurance and Risk Management
Providing commercial real estate investors greater visibility into insurance costs and risk
Marcus & Millichap (NYSE:MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, today announced a strategic partnership with Brown & Brown, Inc. (NYSE: BRO), one of the world’s largest insurance brokerage firms. This addition is part of Marcus & Millichap’s recently launched Preferred Partner Program.
Insurance costs have become an increasingly important factor in commercial real estate underwriting. Marcus & Millichap clients will gain access to data-driven insurance indications, portfolio analysis and risk management resources designed to help investors better evaluate acquisition opportunities and operating risks. Brown & Brown’s National Real Estate Practice also provides access to major insurance carriers and specialty markets serving commercial real estate investors.
“Insurance has become a critical component of investment analysis and transaction execution,” said Richard Matricaria, chief growth officer of Marcus & Millichap. “Brown & Brown provides our clients with valuable insurance and risk insights earlier in the investment process, helping them evaluate opportunities and execute transactions with greater confidence.”
