Marcus & Millichap Names Brown & Brown Preferred Partner
Marcus & Millichap has expanded its recently launched Preferred Partner Program through a strategic partnership with Brown & Brown, one of the world’s largest insurance brokerage firms, as commercial real estate investors increasingly focus on rising insurance costs and risk management during the acquisition process.
The partnership is designed to provide Marcus & Millichap clients with access to data-driven insurance indications, portfolio analysis and risk management resources aimed at improving investment underwriting and operational decision-making. Through Brown & Brown’s National Real Estate Practice, investors will also gain access to major insurance carriers and specialty markets that serve the commercial real estate sector.
“Insurance has become a critical component of investment analysis and transaction execution,” said Richard Matricaria, chief growth officer of Marcus & Millichap. “Brown & Brown provides our clients with valuable insurance and risk insights earlier in the investment process, helping them evaluate opportunities and execute transactions with greater confidence.”
In addition to acquisition-focused insurance indications, Brown & Brown offers consultative services such as portfolio reviews, catastrophe modeling, due diligence support and broader risk management solutions. The collaboration will provide Marcus & Millichap clients and investment professionals with streamlined access to underwriting, risk and portfolio insights that can support acquisition, underwriting and asset management decisions.
The partnership will also include educational resources, webinars and market insights focused on insurance trends and portfolio risk management.
“As insurance costs continue to play a larger role in valuation and execution, commercial real estate investors are seeking greater clarity early in the transaction process,” said Dan Cioci, executive vice president and director of Brown & Brown’s National Real Estate Practice. “Marcus & Millichap’s scale, long-standing investor relationships and national platform make them an ideal partner for Brown & Brown. Together, we are helping investors refine acquisition pricing assumptions, better evaluate risk and move through deals with greater confidence.”
The agreement represents another step in Marcus & Millichap’s effort to broaden the services available through its Preferred Partner Program, offering investors additional tools and expertise to assess risk, improve underwriting accuracy and navigate increasingly complex market conditions.
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