Insurance Valuation

Our involvement in the insurance sector extends to both ensuring that our clients are adequately covered without wasting money on excess premiums and assisting in the settlement process, through:

Pre-Loss or Placement Valuations

Censere is able to undertake replacement/reinstatement or indemnity value assessments of buildings and machinery and equipment on behalf of either the insured party or the underwriter in order to develop sensible insurable values. This enables quicker and easier settlement in the event of a claim, ensures optimum balance between premium costs and coverage and reduces the likelihood of the average clause being invoked.

Post-Loss Valuations

We work with loss assessors, underwriters and insured parties to determine the extent of loss and enable prompt settlement of claims relating to fixed assets.

Causation Reports

Our engineers are experienced in various industry sectors and able to undertake investigations as to the cause of failure to assist in determining policy liability after a loss has occurred.

Business Interruption Quantification Report

Using the skills of our financial analysts, Censere works with the insured party or the underwriter to quantify the liability under business interruption and increased cost of business policies.