Scheduled Time: 12th February 2014 at 3PM.Duration: 45 minutes.
By way of case studies of buildings, Lorna will take you on a whistle-stop tour of 12 common ways to spot ‘the likely suspects’ of where underinsurance is sure to be found.
It is the insured’s responsibility to set the buildings sum insured. But how do they know if the buildings insurance valuation is correct?
Experience suggests that brokers are asked to advise and their clients seek help from inappropriate web based information. Neither is best practice and the former is a sure route to litigation if the sum insured is not accurate. Even if the insured has built the property themselves, the figure is unlikely to be the correct basis to set the insurance policy.
The aim of the session is to help insurance professionals highlight cases where a buildings insurance valuations should be an integral part of the risk management strategy. It will broaden the audience’s knowledge so that the conversation about underinsurance does not take place in front of a burnt out building.
About Lorna Harrington.
Lorna is a Director at Barrett Corp & Harrington Ltd., a RICS regulated surveyor that specialises in insurance valuations for buildings and contents.
Prior to setting up BCH in 2006, Lorna had worked at Cunningham Lindsay as a Risk Solutions Manager, AIG Private CLient Group as the Residential Services Manager and at Chubb Insurance as an Appraisal Manager for Chubb Masterpiece.
Lorna started her career as a Lloyds broker, Brian Hogg (Aon), placing fine art and historic houses businesses in the London Market.
Grace joined the BCH Head Office team as an administrator in 2014 and is based in Market Bosworth. Working now as the Flatrate Lead Administrator she deals with customer quotes, enquiries and queries daily. As the Health and Safety Manager, Grace deals with internal risk assessments and manages the health and safety training of staff.
Freddy Forrest joined BCH in 2009 and is based in Brighton. Freddy covers a widespread area – from Dover to Southampton and Clacton to Swindon to carry out building insurance assessments for BCH.
Having previously worked as a farmer before retraining as a assessor, Freddy brings a detailed knowledge of the construction of buildings and the built environment.
The building he would most like to assess if given the opportunity: Cologne Cathedral, because it’s my favourite building and because it would be very challenging appraisal.
Jeremy joined the BCH team in 2016 and is an Assessor based in Surrey. He conducts surveys on all types of buildings throughout London and the South East.
He loves the outdoors and his hobbies include walking, running and mountain biking.
Greg joined the BCH team as an Assessor in 2015 and, as a senior member of our team, can carry out surveys on all types of buildings and has responsibility for reviewing and signing off cases. Greg holds an MSc in Building Surveying and Cert CII. Based in Chesterfield, Greg enjoys travelling throughout the UK and occasionally Europe for work.
Speak to the Buildings Insurance Valuation experts
If you're looking for a practice that focuses exclusively on buildings insurance valuations, you've come to the right place. We survey all types of property from private homes and blocks of flats to commercial and industrial premises.
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01455 293 510
Speak to the Buildings Insurance Valuation experts
If you're looking for a practice that focuses exclusively on buildings insurance valuations, you've come to the right place. We survey all types of property from private homes and blocks of flats to commercial and industrial premises.