Mitigating the Anger in a Bad Situation
NEW YORK CITY—With the changing threat landscape for the commercial real estate operator, understanding ways to manage a crisis can keep a bad situation in check.
That's one of the many tips from Jeff Canfield, SVP and profit center manager for AIG. He spoke with GlobeSt.com about the ways in which having an effective disaster strategy can be effective in preventing a large settlement.
In the video, he also discussed:
- How a mid-size company can meet their insurance needs;
- Which speakers and consultants a property manager should have visit first;
- The incidents are most foreseeable and damaging to a property owner; and
- How real estate labor laws in New York City make construction, whether direct or through a tenant, potentially problematic.
To watch the full video, click the image above.
For MORE thought leadership on insurance and risk management, check out Industry Insights, presented by the leadership team of AIG's Real Estate Industry Practice Group.