John Foord, the insurance-focused global asset valuation specialist has launched a cloud-based platform providing insurers and reinsurers, in addition to asset owners and financiers with instant, highly accurate and real-time reinstatement and valuation costs for commercial and industrial fixed assets.
Beta trials conducted with global insurers in the last quarter revealed underinsurance to the tune of over US$ 10bn in sums insured across the books assessed, which covered the power generation and property sectors.
Press Release John Foord Launches Instant Asset Valuation Service