Alternative solutions to combat hard market conditions from the Real Estate team at RogersGray.

Our team of experts predicts that the challenging market conditions for real estate that many have experienced in the last year will continue due to several reasons including:


Severe weather and natural disaster events nationwide such as flooding, wildfires, and windstorms.


A decreased appetite among carriers for certain asset types and geographies.


Carriers putting a stronger emphasis on utilizing accurate replacement cost valuations.


Inflation inevitably impacts the insurance industry; while difficult to quantify the effects are irrefutable.

These factors, paired with carriers exiting the market, have caused increased pressure on many real estate owners and investors at and through renewal. With significant experience in the multifamily property space, our team has worked alongside several new and existing clients to help them through this challenging time by investigating alternative options.

By utilizing a creative approach, we’ve been able to successfully establish two unique solutions that combat these issues, as well as addressing the needs of properties with exposure in high-risk wind/hail geographies.


Intended to fill the void created by marketplace disruption, our unique Southern Winds solution offers several key features:

  • Blanket Coverage
  • Wind/Hail and Named Storm Deductibles equal to or better than the market
  • Appetite to write accounts and overlook claim history
  • Flood and Earthquake available up to $25 million
  • Expanded sub-limits with higher limits offered across all major categories


A specialized form of self-insurance, property captives allow organizations to establish their own insurance company and in doing so, are empowered to take control of risk management strategies, reduce insurance costs, and gain additional financial benefits. Highlights include:

  • Customized coverage to align with risk appetite and ensured stability regardless of market conditions
  • Potential for long-term savings through the capture of underwriting profits
  • Improved cash flow by retaining premiums within your organization
  • Potential tax benefits including tax-deductible premiums

While the current state of the property insurance market has caused unfavorable renewals for many, our unique solutions have helped ease the burden faced by those with complex portfolios. If your existing broker is not offering you alternative solutions, maybe it is time to explore your options.


If you have just gone through a painful renewal or feel unsatisfied with your current circumstance, we’d love the opportunity to review your portfolio and determine where we can help.

Matthew Carnuccio

Matthew Carnuccio

Partner | Vice President

Matt Carnuccio is a Partner and Vice President at RogersGray, A Baldwin Risk Partner, focusing on Real Estate, which includes multifamily, commercial, development, and the insurance needs associated with owning and managing large property portfolios.

He believes in building long-lasting relationships built on trust, accountability, and honesty. With over twelve years in the industry, Matt takes a proactive approach to help educate and guide businesses through soft and hard insurance markets.

Matt resides in Duxbury, Massachusetts, with his wife and three children. As an avid fisherman, he is always eager to share his passion for being on the water with others.

Matt can be reached at matthew.carnuccio@rogersgray.com