Insurance Report

The Insurance Industry is reliant on many key factors which must be adhered to by expert and qualified personnel. The industry, like many others, is very competitive and must be kept well informed and in tune to market and property conditions. Key personnel include Licensed Advisers and Brokers and sector executive staff. Key awareness on risk factors such as location, market and replacement cost is the essential driver of any Insurance Company, Agent or Broker. The reinstatement and prevention of further loss or subsequent damage to other property, however, are areas of specialisation for Roscon.

As property managers throughout the country ensure each property maximises its value when bought, sold or leased, Roscon work with them to develop cost effective solutions in maximising these returns on expert and professional maintenance, waste collection plans and building preservation and safety strategies which comply with OH and S Laws.

Our assistance in these areas allow our clients to focus on the management of each property ensuring their own clients are satisfied by achieving the best possible return.

With the recent steady increases in building costs, many buildings are currently underinsured and could cost owners money, or worse, their asset.

Roscons experienced valuers, quantity surveyors and building specialists ensure that any replacement cost estimation is as accurate and comprehensive as possible. This is assessed by methodical understanding and assessment of a propertys replacement cost to the essential level of specifics that ensure our clients get a professional report that can be relied upon by their banks, insurance companies and their agents.

Each property Insurance assessment will include;

  • Methodology
  • Reinstatement Costs
  • Basis of the Estimate
  • Assumptions
  • Input Data Definition
  • Demolition Costs
  • Cost to reinstate the complete building
  • Professional fees
  • Escalation Cost
  • Goods and services tax
  • Time
  • Cost assessment
  • Asbestos

Roscon assures you get a professional report completed in an agreed timeframe and at a competitive price.

 

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