REassurance is an independent boutique insurance broker and advisor with a specific focus and specialisation within the real estate sector. An unparalleled track record of understanding our client needs within the real estate market, our team has many years of experience in finding solutions for managing risks relating to the sector. A long history in Central and Eastern Europe and further across wider Europe region, the REassurance senior team consists of leading individuals from the insurance, tax and real estate sectors.
REassurance offers insurance solutions in respect of most aspects of real estate transactions. Whether it is a single asset acquisition, portfolio disposal or cross-border transaction we have experience with all requirements.
Our combined tax, legal and insurance knowledge especially relating to the legal ownership or use of real estate and transaction risks allows us to fully understand our client needs and deliver to them the ideal solution that is appropriate and cost effective. We have particular knowledge of problems or concerns with the legal ownership or use of real estate, managing clean exits for the dissolution of funds, replacement of reps and warranties and security upon acquisition.
Our clients include tax advisers, lawyers, both international and local, institutional funds, private equity investors, real estate developers, finance teams, banks and lenders and with a wealth of knowledge which has been honed over many years first hand experience and direct transaction involvement we are able to support every scenario.
A tailored insurance product to cover losses arising from breaches of warranties given by sellers in the context of M&A acquisitions.
Title insurance encompasses a broad range of legal risks which may affect a property or land. These can range from small technical risks to active litigation.
A title to shares policy is often used in conjunction with either a title to land or a W&I policy when acquiring an operating business or a property in a corporate vehicle or SPV.
Tax insurance is a developing insurance market. The scope and availability of cover is evolving and there is multiple tax risk that can be covered by insurance.
Specific risk insurance (e.g. environmental insurance)
Provides coverage for loss or damages resulting from unexpected releases of pollutants typically excluded in general liability and property insurance policies.
Planning, Permits & Zoning
Faster construction times, unclear legislation and conflicting requirements can lead to issues in both pre and post construction. In some cases insurance solutions are available to mitigate these issues.
Environment Impact Assessment
Legal defects that have arisen through failure to follow correct procedures can be considered under some insurances.
‘We do not aim to be the biggest, we aim to be the best’
REassurance Kft which is authorised and regulated (license No.: E-II-317/2007) as an insurance intermediary by the National Bank of Hungary (MNB), and is licensed for cross-border activity, based on the EU’s ‘Freedom of Services’ principle, enabling us to broker insurance products and services throughout European Union. Information on our Hungarian license is available at the website of the National Bank of Hungary.
To become the first choice advisor and broker for real estate transactional risk services, to offer high quality support, a passion for customer service and by living and breathing our markets. Principles based on good communication, teamwork, knowledge and experience and building strong relationships that lead to trust, confidence and success.
To work to support the real estate and M&A community we service, to push boundaries for delivery, products and value-add services. To establish new products and sharing of skills and knowledge to help our clients better understand the advantages of using transactional risk insurance products in their transactions.
The ethos that runs through REassurance is based upon core values of respect, transparency, relationships, communication and fun. We have a passion to succeed, to be the best and to deliver for our clients. We believe in people and that ‘putting people first’ will become our key cultural driver within the company.