Webinar: Why underinsurance in home contents is so prevalent, and practical tips/tools to address it
Underinsurance is a major issue in the industry – many reports suggest that around 2/3 of homes are underinsured. Unfortunately, the same is often true for the contents in those homes.
Why is this, and what can the industry do about it?
Who is it for?
- Brokers and insurers who handle home contents insurance for MNW and HNW clients.
- Brokers and insurers who insure assets such as art, silverware, trophies and fine wine for commercial customers (e.g. restaurants, hotels, charities, sports clubs, offices)
- Claims handlers and loss adjusters who want to understand what to look for in, and risks around, valuations with which they may be presented
- Compliance teams considering how to ensure clients and policyholders get the information they need to make informed decisions, and that they are treated fairly
Learning objectives
By the end of the webinar, you will understand:
- What is underinsurance for contents?
- Why does it arise?
- The importance of accurately assessing replacement cost
- The impact of underinsurance – for clients, brokers and insurers
- Why the “value” can be hard to get right
- What to look for in a valuation
Feedback from previous webinars delivered for Insurance Institutes
It was a brilliant webinar, just right in terms of content and pace. Andrea Lees Farrell, President, Insurance Institute of Mid-Kent
Rachel is an excellent communicator and really brought the session to life with her practical tips, wealth of experience and actual case examples. Susan Stamp
About Doerr Dallas Valuations
Rachel Doerr set up Doerr Dallas in 2016 to offer a completely independent valuation service for clients and brokers in the UK and Europe. She has a team of specialists that can value most assets, including specialist areas such as handbags, books, guns and wine!
Her webinars offer practical tips and techniques, with interesting and memorable examples to bring
things to life, together with insight into how and why valuations are changing.
Venue
- Online
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CII Accredited
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.