WTW and Kroll launch new property valuation service

This unbiased service provides accurate rebuild valuations and expert advice to clients.

“Whether it involves residential properties, commercial assets, manufacturing sites, or listed buildings, clients need assurance that they are adequately covered in the event of property damage,” says Edward Castles, managing director at WTW. “The collaboration between WTW and Kroll allows us to provide a trusted service that offers accurate valuations, ensuring our clients are protected from significant shortfalls in coverage or inflated premiums.”

ReValuPro combines WTW’s industry expertise with Kroll’s comprehensive data resources, including market statistics and cost insights, to deliver reliable and comprehensive valuations. Clients gain access to a range of valuation capabilities through WTW, including online risk rating and reinstatement cost valuations based on current values, as well as tailored data-driven valuations.

“In today’s market, valuations are subject to constant changes due to economic volatility, leading to instances of underinsurance,” explains Rebecca Fuller, managing director and global fixed asset advisory services leader at Kroll. “As a trusted valuations partner globally, Kroll is excited to collaborate with WTW on this innovative, independent valuation service, which arrives at a crucial time for the global insurance market.”

WTW and Kroll’s collaboration brings together industry expertise and comprehensive data resources to meet the evolving needs of clients in property valuation.

The service offers clients the confidence of proper protection without excessive costs. It addresses the increasing demand for precise valuations and expert advice in decision-making and risk management. With ReValuPro, clients can make informed decisions about their property valuations and ensure they have the appropriate coverage in place valuation service, which arrives at a crucial time for the global insurance market.