Harbor Group Consulting Helps Global Bank Save $2 Million
By Harbor Group Consulting / January 08, 2026
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In today’s complex lending environment, it has become more challenging than ever for lending institutions to successfully navigate the deal process.
For a $5B division of a global investment bank with a significant commercial real estate portfolio, these issues came to a head when a borrower defaulted on their loan, leaving the lender with a property that faced numerous structural, compliance, and health and safety issues, making it difficult to secure standard liability insurance.
By leveraging leading market intelligence and the largest collection of historical lender data, Harbor Group Consulting turned a complex and costly insurance issue into a streamlined resolution, while dramatically mitigating costs and saving the bank $2M. Learn more about how the insurance specialists at Harbor Group Consulting combined industry expertise with hands-on insurance advisory services to deliver this unique solution.
The Challenge: How a $5B Global Investment Bank Division Faced Significant Loss
The bank provided a loan for a Texas multifamily garden style apartment property. During the deal process, the bank discovered that the borrower was a “bad actor” after they took multiple nefarious actions that undermined the security of the loan. Ultimately, they ended up defaulting. As a result, the bank was forced to take ownership of the property.
However, the property faced pressing issues, including:
- Structural issues that threatened the integrity of the apartments
- Compliance problems that introduced legal exposure
- Health and safety issues that posed risks to occupants
With all of these compounded issues, it was challenging for the bank to secure standard liability insurance. As this was an unplanned event, the bank secured a policy through the borrower’s insurance broker at an annual cost of $2.8M. Without the issues faced, the premium for this property would be approximately $750K.
The Solution: Enhancing Marketability to Secure New Coverage
Harbor Group Consulting accomplished two key goals in collaboration with the bank:
- Identified a dependable and well-connected insurance broker that provided comprehensive coverage, safeguarding the bank against the issues associated with the property.
- Appropriately portrayed property issues and improved the bank’s risk profile, making the opportunity more attractive to insurers.
By applying an understanding of complex insurance requirements and specialized expertise in navigating lenders through heightened risks, Harbor Group Consulting developed a strategic solution that protected the global investment bank’s profitability and mitigated losses.
The Result: $2M in Annual Savings
With a reframed risk profile of the property and new broker partner, the bank benefited from better coverage with an annual savings of approximately $2M.
As the premier insurance advisor for commercial lenders, Harbor Group Consulting consistently delivers meaningful results like this one to help clients expedite and optimize lending outcomes. Our team of insurance specialists brings decades of experience navigating clients through the full lifecycle of a loan, ensuring they have the right risk management strategies and solutions to protect their financial interests.
For more information on how Harbor Group Consulting turns insurance into a competitive advantage for lenders, contact a representative from our team today.
