Insuranceshortfall.com and insurance broker network Brokerbility have today announced a new InsurTech partnership to provide Brokerbility members with online access to discounted desktop rebuild cost assessments (RCAs).
Brokerbility’s Julie Rayson-Flynn commented: “The introduction of the Insurance Act together with the content of recent FCA thematic reviews has highlighted how our industry as a whole needs to do more to ensure policyholders purchase adequate levels of cover and are treated fairly.
“With an estimated 80% of insured buildings in the UK having inaccurate or inadequate sums insured, brokers can be at risk from failing to meet their obligations to clients. To help counter this and to support our members, we have today launched a new online platform through Insuranceshortfall.com, which not only lowers costs but makes it far easier for brokers to arrange professional property insurance valuations.”
Danny Lillington, director of Rebuild Cost Assessment Ltd, a company ‘Regulated by RICS’ and the organisation behind Insuranceshortfall.com, added: “We’re delighted to be working with Brokerbility to introduce a much smarter way of arranging rebuild cost assessments through our innovative web and mobile-friendly platform.”