Combating Today’s Affordable Housing Insurance Challenges
Rising insurance costs are impacting Affordable housing development, management and preservation efforts. According to an October 2023 report by the National Leased Housing Association, for 2022-23 policy renewals, nearly one in three policies had rate increases of 25% or more.
Join Lisa Gedmin (RealPage® Industry Principal), Barry Weaver (RealPage VP of Affordable Product) and insurance expert Morgan Anderson (Arthur J. Gallagher & Co.) for a live, interactive webcast. They will discuss strategies for managing insurance cost for property owners and operators in the Affordable housing space along with:
- What is driving current insurance pricing
- Primary factors of property insurance underwriting
- How to encourage the adoption of nonmandated resident renter insurance programs
Morgan is responsible for the design, marketing and implementation of insurance and risk management programs for real estate portfolio owners, developers, managers and investors. He joined Arthur J. Gallagher & Co. in 2004 and has 21 years of insurance industry experience, including complex all risk property insurance programs for earthquake, flood, wind and terrorism, as well as management liability and general liability coverages.
Morgan holds a Bachelor of Business Administration in both Marketing and Organizational Behavior from Southern Methodist University. He holds Chartered Property Casualty Underwriter and Associate in Risk Management designations, and is a licensed general lines and surplus lines agent. Morgan is involved in the Urban Land Institute, serving on the National Multifamily Green Product Council. He was named a Power Broker in Real Estate Risk Management by Risk & Insurance Magazine in 2012, 2014, 2016 (finalist), 2019 and 2022.
Barry Weaver
Vice President of Affordable Product, RealPage, Inc.Barry has over 30 years of experience in affordable housing leadership and management. He has managed a full spectrum of real estate for both non-profit and for-profit owners including HUD 202, Section 236, 221 (d) (3), Bond, HOME, Hope VI, LIHTC, Rural Development, Congregate Care, Assisted Living and Market-rate properties. He is a Certified Property Manager (CPM®); a LEED Accredited Professional (LEED AP®); a National Affordable Housing Management Professional – Executive (NAHP-e); a Specialist in Housing Credit Management (SHCM); and a Licensed Real Estate Broker. Barry is a national speaker and trainer on sustainability and green property management. He earned a Master of Public Administration from the University of Colorado and a B.A. in Social Welfare and a B.A. in Sociology from Cal Poly Humboldt.
Lisa Gedmin
Industry Principal - Insurance, RealPage, Inc.Lisa Gedmin is a multifamily industry veteran with 35+ years experience in multifamily operations, marketing and 15 years in risk mitigation. Lisa has worked for Trammel Crow Residential Services, The Finger Companies, as well as Assurant and SureDeposit. Lisa joined RealPage as part of the 2019 acquisition of LeaseTerm Solutions and has been integral in crafting insurance solutions for our clients. Lisa was a national property and casualty producer as well as a surplus lines broker. During her career in operations, Lisa held a CPM designation with IREM and is a member of Mensa.
Lisa is married with three adult sons and has three French bulldogs who run the Gedmin household. She is a CASA volunteer advocating for children placed in foster care and finds this work challenging but heart fulfilling.
