Who is MRMG & NREPG?
Swain and Baldwin Insurance, Inc. is a diversified, independent insurance agency. Formed in 1949, they focus on fully integrated delivery of both general and specialty property and casualty insurance and risk management services.
MRMG is an affiliate entity of Swain and Baldwin Insurance, Inc. (SBI) and is also administered through SBI and was formed in 1980 to focus on services specializing in Facility Design for Real Estate accounts interested in rigid cost control of their insurance package. MRMG started as a residential program and has grown into a comprehensive program for both residential and non-residential income producing properties. MRMG is a group property program. MRMG is formally known as Multifamily Risk Management Group.
NREPG is a group purchasing program for liability and umbrella coverage and is formally known as the National Real Estate Purchasing Group. National Real Estate Purchasing Group is Registered in it's Domiciled State of Texas; and they are listed as a qualified risk purchasing group at the Risk Retention Group website.
MRMG acts as program administrators for both programs; they utilize the engineering and underwriting facilities of Lexington, Traveler’s, Chubb Custom, Liberty Surplus, Lloyd’s of London and many other Best Company "A" rated carriers.
Capitalizing on the power of "group purchasing", MRMG is a unique and innovative insurance program that has be- come the benchmark for providing property owners with the best, and the most affordable insurance protection available in the nation..
SPECIAL MEMBER PROGRAMS INCLUDE
Industrial Buildings & Business Parks
Commercial Properties & Managed Property Portfolios
Residential Apartment Buildings, Rental Units & Condominium Associations
High Value Office Buildings, Structures & Mixed Use Projects
Shopping Malls & Complexes
COVERAGE FEATURES INCLUDE
Expanded building & real property coverage definitions and coverage features
Expanded coverage for building ordinance requirements
Rental Income/Value Protection on an Actual Loss Sustained basis
Comprehensive Broad Form insured perils include "All Risk Special Form
Earthquake, Flood available to qualified properties
Boiler & Machinery Breakdown Coverage's
Rental Income/Value Protection with a 180 day extended recovery period
"High Limit" Landlord Broad Form Comprehensive Liability Insurance Protection
PROGRAM FEATURES & SERVICES
Highly competitive insurance costs utilizing the power of group purchasing
Comprehensive "Packaged" Insurance & Risk Management Programs and Services
Professional account servicing, risk management, engineering and loss control services
Professional claims and loss adjusting services, claims management
Tenant Lease 'ICM' (aka TCM) Insurance Certificate Monitoring Services
Photo Credit La Citta Vita