NEW YORK CITY—In keeping with the need to be cost-conscious, mid-sized real estate firms—meaning owners, operators and developers with 10-20 properties—may sometimes shy away from hiring an insurance broker or seek out other methods of protecting their assets.

That move is a giant mistake, says Lance Ewing, leader, hospitality and leisure real estate industry practice group, AIG, in this GlobeSt.com EXCLUSIVE. Mid-sized companies face the same risks as large-scale firms yet the former have fewer risk management resources than the latter.

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