REMI™ PRODUCT LINE
We have developed a whole new and unique subsect to the reinsurance and insurance industry. Dynamic products for the reinsurance industry, new frontiers of business for insurers and empowering products for the consumers. These products will shape an all new reinsurance landscape for the industry.
TARTAN RE'S REMI™ GUARD PRODUCT LINE
|
TARTAN RE sees significant opportunity in providing proprietary real estate related catastrophe reinsurance coverage.
Real estate investors, real estate developers, real estate owners, lenders and others face an unmanageable and unacceptable
level of exposure to fluctuations in the general economy and, consequently, the real estate market. Common triggers for economic
events include terror events, Federal Reserve actions, local market anomalies, which occur in 7 to 10 year economic cycles,
and even as the result of deliberate market manipulations. |
Real estate event insurance provides protection for real estate speculators, investors, developers and homebuyers who have
previously been exposed to unpredictable major shifts in the overall economy and housing market. The client base that would purchase
this product almost always purchases title insurance, fire insurance, liability insurance, completion bonds (that insure completion of
construction) and other risk mitigation products. However, the marketplace has never been provided the opportunity to insure against
unpredictable, sudden and unforeseen downturns in the broad housing market. The REMI™ insurance protects the insured against this very
threat . . . a major deviation of the broader real estate and economic market.
There are two products in the real estate-related catastrophic loss product line of REMI™, which are:
|
|