By: Joshua Finley
Anyone who’s acquired real estate insurance knows how complex and confusing the process can be. With so many factors to consider, it’s essential to have someone on your team who knows exactly what to do. With a combined experience of over two decades in underwriting and insuring large real estate risks, along with hands-on investing in the real estate market, Herb Dorow and his partner Tim O’Rourke possess an amalgamation of skills that sets them apart in the industry.
Cap Asset Risk Management
Out of their shared frustration with the status quo, Herb and Tim co-founded Cap Asset Risk Management. Their journey began with a desire to bridge the gap they observed in the insurance space for real estate investors and fund managers. “We wanted to do business differently,” says Herb, emphasizing their commitment to providing unparalleled service and expertise while adding tangible value to their clients’ investment ventures.
A Unique Approach
What sets Herb and Tim apart is their proficiency in insurance and deep understanding of the real estate market. “Our goal is to provide great service with unparalleled insurance expertise and risk mitigation while adding value to your investment or fund business,” explains Herb. Their mission transcends traditional insurance brokerage; they seek to build ecosystems where clients can forge powerful connections, thereby enhancing their business growth prospects.
Client-Centric Philosophy
For Herb, clients aren’t just transactions; they are partners in the journey. “I want partners, not clients,” asserts Herb. This philosophy underpins his approach to client onboarding, where he prioritizes understanding every aspect of a client’s existing insurance policy before tailoring solutions that align with their specific needs and risk profile.
His commitment to putting the client’s interests first is evident in every step of the process. Rather than adopting a one-size-fits-all approach, Herb takes the time to listen attentively to each client’s concerns and objectives. By fostering open communication and transparency, he empowers his clients to make informed decisions about their insurance coverage, instilling confidence and peace of mind every step of the way.
Elevating the Industry Standard
At the core of Cap Asset Risk Management’s ethos lies a commitment to transparency and integrity. Herb highlights their refusal to sell based solely on price: “We want to come to a fair and reasonable price and earn your business.” His meticulous attention to detail extends to negotiating complex policy terms and crafting narratives that resonate with underwriters, ultimately ensuring optimal coverage for his clients.
Expansion and Future Endeavors
Since its inception, Cap Asset Risk Management has seen exponential growth. “We went from a 200 square foot Co. Working space to a 1,500 square foot executive office in Pontiac,” shares Herb. With a recent Dallas location opening its doors, their footprint continues to grow as they envision fostering thriving ecosystems in multiple states.
As Cap Asset Risk Management continues to grow and reach new horizons, Herb remains steadfast in his commitment to shaping a dynamic ecosystem within the real estate sector. His dedication extends to various initiatives, from organizing networking gatherings to orchestrating client retreats, all aimed at enriching experiences and nurturing impactful relationships among his clientele. These events serve as invaluable opportunities for clients to forge connections, share insights, and explore collaborative ventures within the real estate industry.
To learn more about Herb’s vision and to connect with him, visit Cap Asset Risk Management’s official website at CapAssetRiskManagement.com.
Published By: Aize Perez
