Accredited Real Estate Association for qualified owners and managers.

Through the Accredited Real Estate Association (AREA), Stern Risk Partners has exclusive access to a property insurance program for qualified real estate owners and managers. The program utilizes group purchasing power to obtain low-cost insurance, broad coverage from highly rated insurers, and alternative risk sharing mechanisms to keep cost low and minimize market volatility.

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Association membership

Specialized tools and resources for members.

As part of the membership in the association, members have access to specialized tools and resources designed to mitigate and manage operational risk — enabling owners and managers to deliver best-in-class properties and superior outcomes for their tenants and stakeholders.

Associate Membership is open to any real estate owner, real estate manager, or other person or entity engaged in the real estate industry that meets the eligibility requirements established by the Board of Directors.

Program highlights

Coverage structured for real estate portfolios.

Why AREA

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  • Exclusive

    There is no conflict with existing insurers or agents, and no commitment to bind.

  • Competitive pricing

    The program is syndicated through the global insurance market to keep the cost of risk low.

  • Comprehensive coverage

    Manuscript wording is structured to provide broad coverage for real estate losses.

  • Highly rated insurers

    Capacity comes from AM Best rated insurers that meet lender compliance requirements.

  • Flexible geography

    Geographic restrictions remain limited when the portfolio has an adequate spread of risk.

  • Real estate specific

    The facility is built for commercial, residential, office and hospitality properties.

Information required

What we need from new members.

Schedule of locations
Occupancy, address, square footage, year built, fire protection, construction type.
Loss history
Five years of insurer loss runs — if not available, a summary of large claims with potential further detail required.
Premium allocation by property
The group total will be used to target, and ultimately apply, the renewal decrease.

→Start here

See if your portfolio qualifies.

Share a few details about your properties and our team will review eligibility for the AREA program, with no commitment to bind.