September 22, 2020

 Pic: Directors Will Molland (left) and Danny Lillington (right) with FSQS Certificate

Rebuild Cost Assessment Ltd is now FSQS accredited, providing compliance assurance to our customers and their clients. 

FSQS (Financial Services Qualification System) is a community of financial institutions including banks, building societies, insurance companies and investment services who have all collaborated to agree a single standard for...

August 18, 2020

If there’s one thing there has been no shortage of this year for insurers and intermediaries alike, it has been some difficult client conversations!

Brokers and underwriters have told us that the hardening market coupled with major issues that have emerged around Covid-19 have meant, well a bit of explaining to do at times. 

Inaccurate sums insured can also be a tricky one. Brokers already know there is a careful line to walk he...

August 3, 2020

We’re delighted to announce that two of our next generation of property surveyors have succeeded in achieving a significant qualification, which will help them grow within our modernising profession.

Murray Bodek, 35 (left), and Adam Barrett, 23 (right), both completed the Diploma in Quantity Surveying Technology at the University College of Estate Management (UCEM), following two years of study. Not to be outdone by the other,...

May 21, 2020

Dave has a lovely house, which he insured for £542,000 in 2013. Should he be confident that index-linking has kept him protected from under or over-insurance ever since?

View our latest animation and find out why index-linking is a good thing, but with a bit of a problem.   

March 27, 2020

I imagine many of you reading this will now find yourself (like me) working from home for who knows how long?

Things have suddenly changed, quite dramatically for all of us following the Coronavirus outbreak. I’m sure for insurance brokers this must be a truly daunting time, especially as I know how getting out and about, meeting clients and maintaining close relationships are so important to you. 

“Clients don’t really like dig...

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 the South West of England had filed a claim in the High Court against a Lloyd’s of London broker after “its main processing facility, including its factory, machin...

September 23, 2019

RebuildCostASSESSMENT.com has released up-to-date high-level data around inaccurate building sums insured in the UK.

The figures, which come from an overall sample of 8,863 domestic and commercial properties over the past 12 months, have been summarised in an infographic below, which you can also download here

Director Will Molland BSc MCIOB AssocRICS, who is also one of RebuildCostASSESSMENT.com’s Quality Control Assessors co...

July 25, 2019

A leading broker has described RebuildCostASSESSMENT.com as a ‘fantastic initiative’ and is encouraging others to guide their clients towards more accurate building sums insured as a way of not only treating customers fairly, but to generate significant income.   

Specialist commercial property brokers Morrisons Insurance Solutions identified almost 100 million pounds worth of under and over insurance last year, and t...

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 know what you think of this animated video by commenting down below or by emailing info@rebuildcostassessment.com.

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 valuation experts RebuildCostASSESSMENT.com asked almost 600 brokers to say who they believed should pay for rebuild cost assessments.

Unsurprisingly, just over 70% said...

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Rebuild Cost Assessment Limited, a company Regulated by RICS