How Asset Valuations affect Claims

Understanding the conflicts and uncertainty that exist in loss situations, impacts of out-of-date valuations and undervalued assets is critical for all businesses, especially when it comes to making an insurance claim. Insurers, brokers and in-house risk managers, asset owners have different responsibilities and therefore will have varying views in terms of their risk appetite. In this article, we explore the various consideration of stakeholders and aspects of the insurance claims process, and how an independent valuation can help to support claims.

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