Synopsis
It’s estimated that property or asset values are unintentionally under-reported by as much as 40 percent, reducing insurance pay outs and potentially leaving owners out of pocket. The under-reporting of value is often unintentional or unintended. How does this misalignment occur and what can you do to close the gap? In this session we look at some of the business and behavioural factors that impact the accuracy of value reporting, why it’s in the best interest to report accurately in a changing economic landscape, some of the aspects that are most often overlooked and the business impact of getting it wrong.
Video Playback
This section is restricted to PARIMA members only.
Speakers

Suren Lim
Account Engineer, Asia Operations
FM Global

Jeffrey Toh
Business Risk Consultant, Asia Pacific
FM Global

Sharon Shi
Board Member
PARIMA
Manager Insurance & Risk ManagementBMW-Brilliance Automotive