Inaccurate building sums are one of the biggest causes of claims disputes, creating problems for policyholders, brokers, and insurers.

It was this very topic that the team at Insurance Age sought to uncover, asking our Managing Director Douglas Brown to join a panel as part of their Broker Masterclass series.

Watch the 20-minute Masterclass to hear a range of valuation, broking and underwriting experts discuss issues in more detail – including:

• Why policyholders can be confused about how much they should set their sums insured for
• The ‘condition of average’ and how it is calculated in relation to a loss
• First loss insurance
• The regulatory landscape and its impact on underinsurance.

Educating brokers on key insurance principles is a major focus for us here at Renovation Underwriting. Find out about our free CPD programme, log on to the Contract Works Academy, listen to our podcast series, or follow us on LinkedIn for weekly insights and guidance.