Insurance Related Valuation Services

We specialize in helping our clients develop accurate Statement of Values by providing independent, thorough, objective, supportable, and transparent consulting services.

Overview

We specialize in helping our clients develop accurate Statement of Values by providing independent, thorough, objective, supportable, and transparent consulting services which allow clients to report accurate insurance levels and underpin appropriate coverage buying decisions. This is supported by the necessary detail to satisfy the business objectives, company/board/lending requirements, broker assistance and modeling and carriers and underwriters needs. From best practice analysis including diagnosis of the processes that led to the existing Statement of Values, to qualifying the base data, or carrying out the entire valuation process from initial data collection to final reporting for the organization, our engagements are designed around your business needs.

Prior to any engagement we will review your property policy and assist you in creating a valuation program that produces a supportable, high-quality, repeatable work product in a timely and cost-efficient manner. This enables you to meet their overall financial objectives without compromising the integrity of your Statement of Values.

Furthermore, clients often call upon our valuation experts to assess the values underpinning coverage limits for their existing property insurance policies. In valuing various assets of a company - buildings, land improvements, contents, etc. - we provide the information required by organizations and their insurers to determine proper policy limits.

With accurate and supportable valuations in hand, organizations can more confidently develop their risk transfer and mitigation plans and ensure the proper allocation of resources for the protection and recovery of their fixed assets.

We understand that no two clients or projects are alike, so we will develop a full range of property coverage valuation options to serve each client’s unique needs. Our solutions are tailored to each organization’s needs and can include:

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Building value assessments based on modeling data to provide a high level test of the values

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Utilizing fixed asset ledgers in an indirect cost approach to provide a desktop review of the values

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Onsite inspection, data collection, inventory, tagging, or book reconciliation analysis to provide the most accurate values

We will help design a valuation program to reduce costs, lower risks, and optimize both insurance coverage and resource allocation for property portfolios. While the accurate valuation of fixed assets is a critical part of a risk management program, many organizations often do not have a full understanding of the process through which the necessary calculations occur. For some firms, the value of their fixed assets is obvious; for most others, it is unclear and may be grossly misstated due to years of trending, other cursory analytical practices, or given the impact of recent economic volatility. With accurate valuations in hand, we help organizations to more confidently develop their risk transfer and mitigation plans and ensure the proper allocation of resources for the protection and recovery of their fixed assets.

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