Kroll provides real and personal property insurance valuation services to clients worldwide.
Insurers, brokers and underwriters rely on accurate property data for risk management. Inflated insurable property values can result in payment of inaccurate premiums, while inadequate insurance coverage can be disastrous in the event of a loss.
Our experience in providing current replacement costs across varied industries, based on our internal global database coupled with our local market knowledge, helps our clients, advisors and insurance brokers effectively estimate the optimal sum insured. Additionally, our digital portfolio analysis capabilities can analyze and profile thousands of properties at a time to identity insurable value risks across a business. It can also benchmark risk to produce an aggregated view of the replacement cost deficit or excess. Our rigorous site inspection ensures robust data collection, which results in effective replacement cost estimates and forms the basis for accurate insurance coverage.
We serve all private and public sector clients and employ one of the world's largest teams of building and equipment valuation specialists. Our professionals work closely with clients to provide structured property insurance appraisal programs that satisfy specific needs.
With over 100 years of experience, we have expertise in all classifications of real and personal property valuation. Each year, we collectively appraise buildings valued at over $500 billion.
Our property insurance services include:
- Valuation of property, plant, machinery and equipment via:
- Site inspection
- Virtual inspection
- Desk-based analysis
- Digital portfolio review for buildings and machinery and equipment
- Annual interim updates
- Construction, occupancy, protection and exposure data collection
- Digital valuation and KPI tracking
- Bespoke global insurance valuation programs
Virtual Site Inspection
We now also provide “virtual site inspection” using secure, smart and interactive devices. This modernized method of inspection is comprehensive, accurate and time-efficient.