What we can offer you:

Policy Appraisals

Clients reviewing cover for complex risks will welcome the involvement of adjusters, the specialists who are likely to be called upon in the event of a loss. Using our experts we review the cover in place and rehearse the claims process in respect of loss or damage to buildings, engineering plant and machinery, stock and business interruption.

Historic and Listed Buildings

Establishing a sum insured for historic and listed buildings requires an understanding of legislation and a sympathetic approach to the practical problems that arise particularly when serious damage occurs. We have extensive experience in handling claims in this area which means we are ideally placed to offer pre loss advice for the benefit of insurers, brokers, agents and of course the property owners themselves.

Estates

Estate owners with a large portfolio of properties require periodic reviews to ensure that the scope of cover provided will deliver an appropriate indemnity when called upon. Using our teams of surveyors we have the capacity to value estates of buildings in the UK and abroad.

Construction and Engineering

We have teams of experienced engineers and construction specialists who offer advice to brokers and policyholders. Our claims handling experience in this sector is market leading. Whether it is manufacturing machinery or engineering plant, our engineers have a wide range of experience and provide advice on valuation, either on a new replacement or current market value basis. In the event of a claim, we evaluate the repair/reinstatement options, costs and time scales.

Stock

The valuation of stock for insurance purposes can differ significantly from the basis of valuation used in financial accounting. This is particularly so where overheads are concerned. In the past, during pre-loss discussions, we have identified cases of both over and under insurance. The advice we are able to offer can help to ensure potential difficulties are avoided.

Business Interruption

Business Interruption policies define how gross profit is to be calculated and the application of cover following a claim is, in theory, simple. However, experience repeatedly suggests that businesses choose not to insure costs that should be insured and may also fail to purchase necessary extensions to cover. A pre-loss review helps to minimise the risk of a shortfall should a claim occur.

Risk Management

Our Risk Management expertise is designed to complement and add to, rather than compete with, the already excellent services available from Brokers and Risk Management companies and draws upon our unique post loss experiences to offer an extra dimension in this important area.

John Armstrong, BSc(Hons), MRICS, FCILA, FUEDI, ELAE Head of Valuation Services

John Armstrong, has been providing valuation services for the last 10 years. His experience ranges from giving advice to individual commercial entities to the development and operation of UK wide valuation schemes for large insurers. Previous assignments include advising on the valuation of Woburn Abbey, Althorp and Belvoir Castle. His major loss experience includes the handling of multi-million pound fires in commercial and industrial premises together with historic buildings such as Peterborough and Coventry Cathedrals. John has been involved with claims for The National Trust for over 10 years.

At Teceris we are committed to growing the Valuation Services offering both in the UK and overseas.

Contact Us

If you wish to discuss our Valuation Service offering, contact

John Armstrong, Head of Valuation Services T: 0870 165 1969 M: 07920 877676 E: john.armstrong@teceris.co.uk

Alternatively speak to your usual Teceris contact.