While more modern and newer structures can have replacement cost values created with standard software programs, heritage structure replacement costs are much more complex. This engaging session will help insurance professionals understand the ramifications of heritage status on replacement cost and repair values.
Define and identify different types of heritage sites
Determine the appropriate course of action when dealing with heritage buildings
Identify tips on how to predice heritage structure costs more accurately
Discuss a claims adjuster’s challenges when dealing with heritage buildings
Explain a broker’s challenges when insuring heritage buildings and setting limits
Examine the current practice for fixing sums insured on first party property policies and the challenges in upgrading this practice for heritage buildings
Presenters Nicholas Charlton, PQS, AssocRICS, GSC, Director – J. S. Held
Dale Hackett, FCIP, Team Leader – Energy, Property, Construction Legal entity (XL Specialty Insurance Company, XL Catlin) – AXA XL
Andrew Hernandez, Vice President, Chartered Insurance Practitioner, ACII, FCIAA National Technical Lead-Claims – Aon Reed Stenhouse
John Fitzgerald, BComm, CIP, CFEI, General Adjuster – Global Technical Services – Crawford & Company
Date & Time: Wednesday, March 10, 2021 | 9:00 – 11:15 am PT
Number of Continuing Education Credits: 2 Technical (BC)
Fees (before tax): Insurance Institute membership required. $65.71 CIP Society Member $75.24 IIBC Member +$85 New Members – IIBC Membership expiring May 31, 2022
Corporate Rate: $57.14 per attendee for corporate groups of 6 or more (membership is additional for new members). To register with a corporate rate, please contact Winnie at email@example.com .