Wednesday January 18, 2017
Atlanta, GA – Rhodes Risk Advisors, an Atlanta based commercial property and casualty insurance brokerage, closed 2016 with continued success across their targeted industry verticals. By utilizing industry specialization the team at Rhodes was able to uniquely apply market experience to a variety of new and existing client relationships. The growth within these industries provided an exceptionally positive year end finish to what was already a successful 2016. Rhodes’ President Mike Davis commented, “We are encouraged by the strategic growth in our industry verticals and excited for more continued growth in 2017.”
Highlights from the Fourth Quarter of 2016 include:
Rhodes was able to provide significant cost reduction and expanded coverage to a 490 unit multifamily real estate property complete with golf facilities. Through experience and a vast knowledge of dealing with coastal real estate exposures, a seamless and comprehensive risk management plan was executed.
Placement was secured for a $16M adaptive reuse project located in Atlanta, GA. Rhodes navigated all phases from initial development to completion while providing packaged policy forms and efficient pricing models. Engaging with the client during the multiple phases helped to ensure a deep understanding of the project as well as the ability to remain flexible as the clients’ needs changed.
Rhodes achieved a 30% premium reduction, resulting in cost savings of six figures, for a retail store franchise with multiple locations across the country. Rhodes helped to improve coverage and claims advocacy for the client. “It was rewarding to see the direct impact our work had on our client’s business after achieving such tremendous results in optimizing their risk management and insurance program,” stated Vice President Kenny Goepp.
About Rhodes Risk Advisors: Rhodes Risk Advisors exists to protect their clients using the most innovative and comprehensive risk management solutions allowing them to focus on the continued success of their business. Based in Atlanta, GA, Rhodes provides property and casualty insurance brokerage and consulting services to middle market businesses. Rhodes specializes in providing unique and comprehensive insurance solutions to the Real Estate, Non-Profit, Construction, Film and Entertainment, Technology, Hospitality, Aviation, and Professional Service industries.