National Insurance Brokers Association

The National Insurance Brokers Association is the peak representative body for the intermediated insurance industry in Australia.

https://www.niba.com.au

Contact us

This is a past event. Registration is closed. View other National Insurance Brokers Association events.

Event Details

Join us for an enlightening Seminar on the significant topic of Underinsurance! In an ever-changing economic landscape, the impact of underinsurance has become a pressing concern for individuals and businesses alike. This seminar aims to provide you with invaluable insights into the world of valuations and their pivotal role in mitigating risks associated with underinsurance.


This seminar will cover:


  • Preventing underinsurance for your client's property risks.
  • The value and importance of using a Quantity Surveyor.
  • Why your client's property may be underinsured today.
  • What can occur if your client is underinsured.
  • Key learnings from claims where a party is underinsured.


CPD: 2 points


Light refreshments will be served.

Agenda

September 20, 2023

Agenda

08:30 - 09:00
Arrival, registration and tea/coffee served
09:00 - 10:00
Session 1: Marty Sadlier
Marty will highlight the importance of obtaining up to date valuations and the impact of the current economic conditions on insurance replacement costs. This session will highlight the risks of not using a qualified quantity surveyor to provide insurance replacement values amongst the common pitfalls to avoid when giving advice to your clients on insurance replacement values.
Marty Sadlier - MCG Quantity Surveyors (Click on photo for speaker bio)
Marty Sadlier - MCG Quantity Surveyors
10:00 - 10:30
Networking & tea break
10:30 - 11:30
Session 2: Stephen Stafford
Stephen will explore the impacts of underinsurance in the aftermath of a loss, using real claim examples to demonstrate how underinsuring clients’ risks can have an adverse impact on the outcome of the claim. Stephen has the unique experience of navigating the difficulties of the issue in both Broking and Loss Adjusting roles and will, through sharing details about what is considering when assessing a loss, provide insights on how to avoid underinsurance.
Stephen Stafford - Crawford & Company (Click on photo for speaker bio)
Stephen Stafford - Crawford & Company

Speakers

Marty Sadlier - MCG Quantity Surveyors (Click on photo for speaker bio)

Marty Sadlier - MCG Quantity Surveyors

Click on photo for speaker bio

Stephen Stafford - Crawford & Company (Click on photo for speaker bio)

Stephen Stafford - Crawford & Company

Click on photo for speaker bio

Venue

Venue

UQ Brisbane City
308 Queen Street | 1M16 Teaching Suite
Brisbane, QLD, Australia

Contact us

For additional event or venue information, please email events@niba.com.auYou can also reach us at +61 299649400

See route

Thank you to our sponsors