Benefits

We bring to our clients the experience gained from building a world-wide valuation services practice at one of the largest insurance brokers in the world and working within some of the largest global accounting firms' valuation consultancy divisions.

WHY US

We understand that no two clients or projects are alike, so we will work with you to tailor all aspects of an engagement: scope, methodology, timing, budget, etc., to meet your business needs.

Some of the Benefits of Working with StempleCrites are as Follows:

¨x

Core belief, “Get it Right, Keep it Right”

¨x

We produce independent, objective, and reliable results

¨x

A dedicated team of fixed asset valuation specialists with Big 4 Valuation experience

¨x

Valuation analyses are conducted by the same individuals performing the site visit, ensuring consistency, increasing efficiency and resulting in a high quality, fully supportable work product

¨x

Expertise managing engagements from small local to large-scale multinational

¨x

Provide a turnkey resource, but look for ways the client can self-perform any to all aspects of an engagement via project oversight and teaching

¨x

Potential cost savings through bundled services (i.e. assessing insurable replacement costs in conjunction with a purchase price allocation)

¨x

We reduce the risks of potential conflicts of interest by not performing audit- or assurance-related services

s
c

HOW WE HELP

Whether you are the client in the form of a risk manager of a business, the broker and property placement specialist submitting the risk to the market, or the carrier underwriting the risk, we will work with you to make sure your “individual” business team has the values and associated data it needs to make all the best business decisions.

So, when it comes to the submission, the SOV is critical as it is the foundation of the placement. That is because in our data driven world; your buying, the decision for a market to participate, the rate developed, the ability to manage cost, relies on what story the SOV tells.

This story is accomplished by developing and supporting long term consistency in appropriate reporting and valuation methodology, transparency to the process, clear and understandable values, and data which supports the goal of risk mitigation. StempleCrites can help you along this path.

Some specific ways we help specific members of the business team:

Broker / Property Advisory / Agency

Brokers are often looking to manage risk for their clients by accurately assessing the reported insurable values. A valuation can identify the appropriate assets to be insured and then establish the values for calculating insurance premiums and calculating loss limits.

As part of our valuation consulting services, our highly qualified valuation professionals with significant experience in valuations across industries and geographies, will provide an accurate and supportable valuation of fixed assets. Furthermore, you will get:

Key Assistance to Brokers:

plus

Understanding of the real-world assets and their value framed in the context of property policy coverage language, inclusion/exclusion, and location

plus

Detailed valuations presented in a meaningful, granular way to assist with insurance coverage and buying decisions

plus

A long-term renewal strategy for ease of maintenance and submissions

plus

Confidence in the underwritten assets, which helps in rate setting and negotiating

plus

Robust valuation methodology is recognized by underwriters as a positive risk factor

plus

Accurate property values allow insurers to establish credible loss estimates, determine how much insurance capacity they can provide, and develop pricing

plus

Confidence that RSM, PML, MFL, and other models and studies are providing realistic answers

plus

Give insight into the overall values as well as in detail so you can advise the client

plus

Help you present to the market

Carrier / Underwriter

Valuations produced by StempleCrites can provide a level of confidence to aid in the correct premiums being established.

As part of our valuation consulting services, our highly qualified valuation professionals with significant experience in valuations across industries and geographies, will provide an accurate and supportable valuation of fixed assets.

Key Assistance:

¨x

Documented valuations to assist with insurance coverage decisions

¨x

Correct assessment of total cost of replacement to aid in insurance buying decisions

¨x

The insurer gains confidence in the underwritten assets, which helps in rate setting and negotiating

¨x

Robust valuation methodology is recognized by underwriters as a positive risk factor

¨x

Accurate property values allow insurers to establish credible loss estimates, determine how much insurance capacity they can provide, and develop pricing

¨x

Values that are a key characteristic in RSM, PML, MFL, and other studies

¨x

At a time of loss, it will reduce the potential for the application of co-insurance (if values were originally and significantly under-reported) or mitigate a loss in confidence by the underwriting community in the validity of the overall values reporting

¨x

Reduce the likelihood of over-inflated values, which can drive premiums up

C-Suite

Whether it is strategic planning, capital investments, mergers and acquisitions, financial reporting, or tax accounting, accurate valuations are a necessity to C-level officers. StempleCrites can assist with valuations for financial, tax, and/or business planning purposes.

As part of our valuation services, our highly qualified valuation professionals with significant experience fixed assets.

Key Assistance:

plus

Deliverables that meet the specific reporting requirements

plus

An analysis that will withstand audit scrutiny

plus

Clear communication throughout the process between various internal and external entities

plus

Deliverables that will meet your internal needs related to your fixed asset management system

plus

An analysis that often meets multiple needs (i.e. calculating insurable values while performing an analysis for financial reporting purposes)

plus

An analysis that bridges the gap between management, accounting, finance, engineering, buyers, sellers, and audit teams

Clients

Valuations produced by StempleCrites can provide a level of confidence in the values being established. As part of our valuation consulting services, our highly qualified valuation professionals with significant experience in valuations across industries and geographies, will provide an accurate and supportable valuation of fixed assets.

Key Assistance:

¨x

Keep “tabs” on the business units

¨x

Support credible analysis and allocation of premiums

¨x

Understand the value of the SOV and the ROI for putting time and resources to it

¨x

Complete the "need to know" that you are covered to your specific risk tolerance

¨x

Identify critical locations and create 80/20 scenarios

¨x

Create best practices to reduce effort while raising confidence