IREDD
Insurance - London, England, United Kingdom
IREDD Employees
IREDD Details
Established in 2010, IREDD provides an in depth understanding of real estate investment fundamentals and has pioneered an innovative, independent service using the legal indemnity insurance market. IREDD provides a unique client side, broker service for the insured. IREDD assesses and analyses issues so that they are understood before it approaches any insurer, IREDD does not just act as a "postbox".At IREDD we understand that commercial real estate ("CRE") is an important factor in the business "manufacturing and supply chain" process as well as being a major investment asset class. The legal right to use occupy and continue to enjoy the income stream produced by commercial property without interference from a third party is, in our view the essential "financial risk" against which a client transacting commercial property usually wishes to protect itself. The traditional approach to transacting CRE in the UK is not fit for purpose in the 21st century notwithstanding the vitally important role that CRE plays in UK plc - the value of CRE in modern Britain is just over £1,662 bn, which amounts to just under 20% of national wealth. (see - BRITAIN'S PROPERTY CREDENTIALS - Toscafund/BPF report January 2016).
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