Alan Umaly, President of Westwood Insurance Agency, shares insight on how the right insurance agency partner can create value for builders and buyers from groundbreaking to closing and beyond. In today’s challenging homebuilding environment, both builders and buyers face rising costs and growing uncertainty. The solution: working with an experienced insurance expert who can provide…
Westwood Insurance Agency acquired Hippo’s U.S. homebuilder distribution business, enhancing trust, speed, and climate resilience in new-home sales. This expands Westwood’s product offerings and distribution, with the agency now serving 20 of the top 25 homebuilders nationwide. Hippo will integrate with Westwood’s streamlined underwriting system, removing buyers from the quoting process. Paired with Westwood’s builder…
This white paper, presented by Westwood Insurance Agency and The Builder’s Daily, examines the shifting landscape of home insurance in the United States. Climate risks, rising premiums, insurer withdrawals, and regulatory shifts are challenging the housing industry. Affordability is no longer the only concern as availability and long-term stability are now critical. Builders and developers…
Alan Umaly, President of Westwood Insurance Agency, is featured in a recent Builder’s Daily article where he discusses how home insurance can be a deal-breaker for buyers , often disrupting closings due to rising premiums and insurer exits driven by inflation and climate risks. Umaly highlights that builders can stay ahead by working with an…
Tom Kriby, VP of Client Development and Partnerships at Westwood Insurance Agency, highlights the growing influence of millennials and Gen Z in the homebuying market. In 2023, these two generations made up 60% of mortgage applications, with 83% of first-time buyers coming from this group. Their tech-savvy, demand for speed, simplicity, and transparency in the…
Alan Umaly, President of Westwood Insurance Agency, explains why builders are increasingly adopting embedded home insurance, providing buyers with insurance quotes early in the homebuying process. With natural disasters on the rise, the home insurance market is becoming more challenging, with higher costs and limited availability in high-risk areas. By offering competitive, transparent, and upfront…
