The Institute of Real Estate Management (IREM) is hosting a webinar on Thursday, July 30, on the topic of business interruption and lost rents. The goal is to provide actionable, intelligent information about using insurance products to mitigate net operating income loss after a disaster.
The guest presenter, R. Scott deLuise, CCIM, CPPA, SPPA, President and Chief Executive Officer of Adjusters International/Matrix Business Consulting, will present, “Basic Facts: Business Interruption/Lost Rents Insurance, Tips, Trends and Traps,” highlighting the circumstances surrounding commercial property insurance covering loss of income suffered by property owners.
The webinar will help attendees learn:
- Overview of business interruption insurance to better serve their clients,
- How to understand forms, compute losses, provide a review of basic terminology and present the importance of timelines and the necessity of detailed record-keeping,
- Industry intelligence regarding COVID-19 claim trends,
- Impact of damage occurring from vandalism,
- Topics of law and ordinance; and
- How civil authority insurance may be able to assist brokers, owners and property managers in reducing net operating income loss, thereby stabilizing or increasing property values.
More About R. Scott deLuise
deLuise has acted as lead adjuster and manager for public adjusting teams on large, complex losses all over the country and is licensed as a public adjuster in 29 states. He organized the first Adjusters International/FEMA loss consulting engagement after Hurricane Andrew in 1992 and has been involved in disaster recovery consulting ever since. deLuise also recently became certified to conduct continuing education training for real estate and insurance brokers.
He is a NAR- CAR- and DMCAR-licensed Colorado real estate broker, developer and CCIM member. He is a past president of the National Association of Public Insurance Adjusters and the founder of the Rocky Mountain Association of Public Insurance Adjusters. His nationwide reputation and contacts in the commercial insurance and real estate marketplace have developed his reputation and capacity as an extremely valuable trusted advisor to real estate owners, syndicators and real estate investment trust advisors. He works from the firm’s offices at 340 E. 1st Ave, Suite 300, in Broomfield, CO.
About the Institute of Real Estate Management (IREM)
The Institute of Real Estate Management is an international institute for property and asset managers, providing complete knowledge to take on real estate management’s most dynamic challenges, including being prepared for situations both day-to-day and one-of-a-kind, from solving the latest tenant crisis to analyzing market conditions. Its membership consists of almost 20,000 individuals and 560 certified companies. Details about IREM are available online.