Lunch & Learn - Insurance Valuations: Tips, Tricks & Pitfalls (W200221)
The Lunch & Learn series brings together a wide range of high level experts providing insights into various aspects of the property industry.
During this Lunch & Learn Session, Mark from Aon Valuation Services will provide a brief overview of the current state of the insurance market touching of issues such as pricing, capacity and claims (including the current Australian Bushfire claims situation) and will then move onto the specifics of valuing property assets for insurance purposes. This discussion will include the basis of settlement and the importance of getting the sum insured correct as well as some of the more little known issues facing valuers such as the impact of demand surge price increases, removal of debris allowances, extra costs of re-instatement and the importance of identifying risk factors when valuing a property.
- Mark Klenke, Managing Principal, Aon Valuation Services
Aon Valuation Services
Mark graduated from the University of South Australia with a Bachelor of Business in Property in 1992 and since this time has worked in the specialised field of insurance valuations. In 2002 he commenced work with Aon, one of the largest insurance brokers in the world in the then newly formed Valuation Services team and he now heads their Australian property valuation division. Mark is also one of a handful of valuers who are Associate members of the API’s Property and Plant valuation streams, is on the Institute’s Western Australian Division’s CPD as well as the National Education Committees.
Over the years Mark has completed valuations throughout Australia, South East Asia and North America for assets ranging from mines, LNG processing facilities, food manufacturing, infrastructure and sporting stadiums to six-star tourist resorts.
Today Mark has been asked to discuss the insurance industries requirements for insurance valuations.
|12:00pm||Registration and light lunch served|
|API Retired Members||$40|
|API Student Members||$40|
Attendance at this event will accrue 1.0 API CPD Point.
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