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DTSTART;TZID=Europe/London:20260414T130000
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CREATED:20260326T142844Z
LAST-MODIFIED:20260326T142844Z
UID:88762-1776171600-1776175200@www.limestreetguide.com
SUMMARY:Webinar: The true cost of rebuild - Why reinstatement values matter 2026
DESCRIPTION:Webinar: The true cost of rebuild – Why reinstatement values matter 2026\nIn this IIL property webinar\, Andrew Reed explores why RCA (Reinstatement Cost Assessments) sit at the heart of sound underwriting\, effective broking and defensible claims outcomes. This session looks beyond headline sums insured to examine what RCAs entail and key considerations for getting rebuild cost assessments right. \nReinstatement Cost Assessments (RCAs) underpin pricing adequacy and fair claims outcomes\, yet remain among the most persistent sources of hidden risk within property portfolios.  For large and diverse portfolios\, maintaining accurate sums insured is inherently challenging. Many portfolios comprise a mix of asset classes\, construction types\, ages and uses. This makes it difficult to keep RCAs current\, particularly when data quality is inconsistent or valuation responsibility is fragmented across multiple stakeholders. As a result\, valuations are often rolled forward\, indexed or left unchanged for extended periods\, increasing the risk of material drift from true rebuild costs. \nThe post-pandemic environment significantly increased this exposure. Acute shortages of construction materials and skilled labour\, combined with disrupted supply chains\, are driving inflation. In many cases\, sums insured failed to keep pace with these changes. This combination meant that policyholders were increasingly exposed to underinsurance and the application of average\, often leading to claims disputes. \nLearning objectives\n\nUnderstand the role of Reinstatement Cost Assessments in underwriting and claims outcomes and identify the key drivers of RCA inaccuracy across complex property portfolios and areas often overlooked\nConstruction market overview\, indices and example of drift\, etc. Real-world examples/real-world data/experiences\nBest practice in RCA governance and review cycles\, and what to look for in Chartered Surveyors -quality of report\, not just DVs\, i.e. COPE data\, good descriptions easing underwriting\, increasing confidence\n\nSpeaker(s)\nAndrew Reed MSc MCABE MRICS Cert CII\, Partner\, Newmark \nChair: Simon Warren\, Portfolio Manager\, UK Property – Specialty and FAC\, DUAL \n		\n\n							\n					Share this event with your colleagues:\n				 \n			\n			\n\n								\n		\n\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Facebook\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Twitter\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																LinkedIn\n									\n						\n\n											\n					\n									\n							\n\n					\n						\n						 \n					\n						\n							\n\n							\n																Email\n									\n						\n\n											\n					\n									\n			\n					\n		\n			\n		\n		Visit Event Website
URL:https://www.limestreetguide.com/event/webinar-the-true-cost-of-rebuild-why-reinstatement-values-matter-2026/
LOCATION:Online
CATEGORIES:Online,Education & Training,CPD Certified
ATTACH;FMTTYPE=image/png:https://www.limestreetguide.com/wp-content/uploads/2026/03/insurance-institute-of-london-logo.png
ORGANIZER;CN="The%20Insurance%20Institute%20of%20London%20%28IIL%29":MAILTO:Iil.london@cii.co.uk
GEO:51.533166;-0.130418
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