November 20, 2019

A UK based insurance broker is facing a legal claim for damages of “at least £3.5 million” after a fire revealed one of its commercial clients had been significantly underinsured, according to reports.

Legal news source Law360 said a waste management company based in th...

June 20, 2019

One of the things people seem to get most confused about when it comes to setting building sums insured is whether or not to include VAT.

To help, we’ve put together a short 3 minute explainer video, which should help clear up some of the key questions.

Please let us kno...

May 20, 2019

A growing number of insurance brokers believe underwriters should pay for, or at least contribute towards, a professional assessment of building sums insured in order to tackle the issue of underinsurance.

In a poll for this year’s BIBA conference, reinstatement valuati...

May 13, 2019

More than a third of policyholders are using ‘market value’ to set their buildings sum insured and one in five ‘simply guess’ according to a new study.

Reinstatement valuation experts RebuildCostASSESSMENT.com asked 580 brokers to identify the source of building sums in...