Why Underinsurance in Home Contents is so Prevalent, and Practical Tips/Tools to Address it.

Thursday, 10 October 2024
12:00 pm – 1:00 pm (UK time)
    • Rachel Doerr, Doerr Dallas

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 insurers and brokers do about it?

Who is it for?

This webinar is for brokers and insurers who handle home contents insurance for MNW and HNW clients. It may also be of interest to insurers and brokers who insure significant assets such as art, silverware, trophies and wine for commercial customers (e.g. restaurants, hotels, charities, sports clubs, offices)

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

Bio - 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!

Rachel regularly offers training to leading HNW insurers and brokers free-of-charge. The greater the awareness of underinsurance within the industry, and how it can be avoided, the better for everyone.

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.

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.