1SecureAudit Produces Terrorism Risk And Emergency Preparedness Solutions Road Show For Real Estate Investment Trusts: "
Real Estate Portfolio's are subject to a new A.M Best Supplemental Rating Questionnaire (SRQ) and Must Quantify Their Risk Exposures to Potential Terrorism Incidents
For Immediate Release
MCLEAN, Va./EWORLDWIRE/June 1, 2004 --- 1SecureAudit LLC, an emerging leader in Operational Risk Management Solutions for the Financial and Healthcare Services Sectors, today announced the launch of its Terrorism Risk and Emergency Preparedness Solutions Road Show for the critical infrastructure assets of the Real Estate Investment Trust (REIT) industry.
Building owners and managers including the commercial real estate portfolios of the real estate finance business are responding to the A.M. Best Company requests for the Supplemental Rating Questionnaire (SRQ) from their insurers.
Critical Infrastructure Protection is vital to a comprehensive risk management strategy and insurers are being asked to model terrorism attack scenarios for high exposure targets. Managing the risk of property and workers comp losses must be addressed with the mindset that they can be correlated with specific types of terrorist threats.
A Real Estate Investment Trust, or REIT, is a financial company that owns, and in most cases, operates income producing real estate. Some REITs finance real estate. REITs invest in a variety of commercial property types: shopping centers, warehouses, office buildings, hotels, and healthcare facilities. Some REITs specialize in one property type only, such as commercial office buildings, industrial or retail.
'Our Real Estate Investment Trust Road Show 2004 will educate Real Estate Investment Trust executives on crucial topics such as Emergency Preparedness, Crisis Communications, Terrorism Risk Management and Critical Success Factors in Infrastructure Protection to address new insurance and government compliance regulations,' said Peter L. Higgins, Managing Director of 1SecureAudit.
'Our proven combination of services, Commercial-Off-The-Shelf (COTS) software and business audit solutions answers the requirements for the A.M. Best SRQ as well as comprehensive Business Crisis and Continuity Management mandates by insurers and government regulators.'
The Road Show is scheduled monthly in New York City, Chicago, Washington DC, Dallas, Denver, Los Angeles and San Francisco. "