Leverage Our Cross-Sector Expertise In Valuation Services for Insurance
Valuation Services for Insurance Purpose
Sum insured is an extremely important aspect of a contract of insurance. Companies suffer substantial financial losses on account of under insurance.
Under insurance becomes apparent only at the time of claim settlement. Insurance can provide full protection only when the sum insured is adequate at inception, during the period of policy and at renewals.
Adequacy of the sum insured is important to protect the interest of the stakeholders in the insured entity. When you have a claim, you would want to avoid the perils of under insurance. This is where asset valuation done by a trusted and professional valuation firm like RNC makes a world of difference.
RNC is one of the leading valuation service providers in India that has been carrying out assessment of major losses in the country for the past three decades.
RNC has been the valuation firm preferred by insurance companies, insurance brokers, banks and corporate houses to carry out the valuation services for insurance purposes.
RNC’s diverse and in-depth knowledge, long experience and expertise of both – insurance and valuation – enables RNC to provide accurate and precise valuations for Insurance purposes.
By adopting proven and best-practice methods of asset valuations, RNC provides accurate valuations to ensure that the client’s assets are neither under insured — so that the client doesn’t face a deduction at the time of the claim — nor are they over insured so as to add an unnecessary burden of the additional premium for the increased sum insured for the company’s assets.
Credentials
Dr Reddy’s Laboratories
Valuation of Company Assets spread across approximately 18 manufacturing units.
Idea Cellular Limited
Valuation of active and passive Telecom infrastructure assets spread across the country.
Alok Industries Limited
Valuation of composite textile facility consisting of Polyester yarns and Fibre, Spinning, Texturizing, Weaving and Garmenting units.
IDFC First Bank
Valuation of Banking Infrastructure assets, Leasehold improvements and associated assets.
K Raheja Corp
Valuation of Residential and Commercial Real Estate including IT Parks, alongwith associated utilities and other facilities.
Ceat Limited
Valuation of tyre manufacturing facility located at Gujarat, on behalf of the Insurance Company.
To speak to our Valuation Experts, Schedule an appointment.
FAQs
1. Why is valuation important for insurance purpose?
It ensures accurate coverage, prevents underinsurance, and speeds up claim settlement.
2. Who provides certified valuation reports for insurance?
IBBI Registered Valuers or professionals empanelled with insurers provide certified reports.
3. How often should insurance assets be valued?
Every 2–3 years, or annually for high-risk industries.
4. Can insurance claims be rejected without certified valuation?
Yes, non-certified reports often cause disputes and claim rejections.