Jennifer McGuinness

CEO of Pivot Financial, offering expertise on portfolio risks and insurance coverages in the mortgage industry, particularly in the aftermath of natural disasters.

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Jan 21, 2025 • 33min

Pivot Financial’s Jennifer McGuinness on portfolio risks following the California wildfires

Jennifer McGuinness, CEO of Pivot Financial, shares her insights on the financial risks lenders and investors face post-California wildfires. She breaks down the staggering $35 to $45 billion in damages and highlights gaps in insurance coverage. McGuinness emphasizes the complexity of navigating wildfire insurance and the need for proactive risk management. The discussion also touches on challenges in assessing damaged properties and the evolving Californian housing market, especially with the rise of remote work influencing financial decisions.

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