Hanover Risk Solutions and Duff & Phelps: Partners in Safety
Duff & Phelps and Hanover Risk Solutions have partnered to offer preferred pricing opportunities on property appraisals to Hanover policyholders.
Duff & Phelps has significant expertise in all classifications of real and personal property insurance appraisals. Each year, we inspect and appraise more than 20,000 buildings. Our Fixed Asset Management and Insurance Solutions include:
- Building Insurance Appraisal and Inspection
Construction costs show dramatic changes, both positive and negative, during the past few years, making it increasingly difficult to determine accurate property insurance values. Duff & Phelps provides full-scope building insurance valuations, which include an inspection, capture of underwriting COPE data and estimation of insurable value by major construction components.
- Property Insurance Appraisal Update
Once an initial investment has been made in a property insurance appraisal, it can be cost effective to maintain the integrity of the valuation via an annual updating service. Building and personal property appraised insurable values are updated with respect to inflationary trends, as well as accounting for capital acquisitions and retirements.
- Equipment/Personal Property Insurance Appraisal and Inventory
Duff & Phelps' valuation professionals have provided personal property insurance appraisals for everything from steel mills and semiconductor fabrication plants to state capitol buildings and school districts. The level of detail will vary depending on the insured’s and underwriting requirements.
- eRISK Web-Based Reporting
eRISK, Duff & Phelps' secure Web-based reporting system, allows detailed viewing, sorting and filtering of property insurance appraisal data.