Scott Insurance, founded in 1864 and headquartered in Lynchburg, Va., is one of the largest independent insurance agencies in the Southeast. With more than 400 employee-owners located in four states and total premiums of over $1.4 Billion, Scott Insurance serves the needs of mid-market companies with commercial insurance, risk management, employee benefits, captive insurance and surety bond solutions. The Scott Insurance Affordable Housing Practice, led by Nathan Kerr, is dedicated to serving as a trusted partner to organizations in the Affordable Housing industry.
Trusted Partners
By employing a partnership approach, the Scott Insurance Affordable Housing Practice expertly manages the unique risks of Affordable Housing developers, property managers and equity syndicators. This allows them to benefit from a cost-effective insurance program and focus on investing their resources to improve lives and communities.
Scott Insurance’s partnership in the industry goes beyond simply providing insurance and risk management services. They serve as advocates, helping educate insurance underwriters on the industry, funding research and supporting industry associations. In recent years, the Scott Insurance Affordable Housing Practice has sponsored research projects in partnership with the Blackwood Department of Real Estate in the Pamplin College of Business at Virginia Tech. This research into important issues facing the industry demonstrates a commitment to serving as trusted partners and industry advocates.
Read research findings here:
- Affordable Housing’s Pull Cord Problem and the Unintended Insurance Ramifications
- How Insurance Carriers Use Crime Scores to Assess Risk in the Affordable Housing Industry
Strategic Solutions
Scott offers proactive, smart insurance and risk solutions based on their team’s technical expertise and a deep understanding of the affordable housing industry. Their specialized affordable housing services include:
- Development of custom insurance programs tailored to the complex industry needs
- Strategic contractual risk transfer consultation
- Proactive claims management
- LIHTC Recapture Bonds
Empowered People
As a 100% employee-owned and independent agency, the Scott Insurance team includes some of the best talent in the industry. The Affordable Housing Practice is staffed by dedicated risk advisors, account managers and claims specialists who are empowered to uniquely serve the affordable housing industry.
“Scott Insurance is proud to partner with and support the great work of the Virginia Housing Alliance. Thank you to everyone at VHA for your tireless advocacy efforts to create safe, affordable housing for Virginia families.”
– Nathan Kerr, Vice President, Affordable Housing Practice Lead
