The British Insurance Brokers Association (BIBA) Conference, the largest UK insurance event, is back in Manchester for 2024 on 15-16 May – and the Charterfields team is delighted to be in attendance once again.

Join us at BIBA 2024

This year’s BIBA Conference theme is ‘What’s Next?’ – driving discussion around what’s on the horizon for insurance brokers in an evolving political, economical and technological landscape. This is a key question for the insurance industry now more than ever, as both our team and our clients are well aware of the importance of innovation when it comes to risk management and financial protection.

With more than 9,000 insurance professionals anticipated to be in attendance, we’re looking forward to catching up with new and old clients and partners, including our specialist partner, the leading UK insurer Aviva, who are principal sponsors of the event. 

“We are thrilled to be attending the annual BIBA conference next month. The event is set to be a great opportunity for insurance industry professionals to come together, share insights and explore opportunities. As a leading surveying practice focused on insurance valuations for more than 30 years, we’ve never been in a better position to support our clients in 2024.” Andrew Slevin, Charterfields Director.

Mitigating the risk of underinsurance

While headline inflation rates have eased, costs are still rising and the insurance gap (between existing declared values and realistic reinstatement costs) remains extremely high. As a result, many firms continue to risk exposure to underinsurance, and the possibility of a claim being settled at below the true rebuild cost of their assets

As such, determining the accurate value of assets through a survey driven reinstatement cost assessment (RCA) remains key to securing critical cover or risk facing potentially significant costs in the circumstances of an unfortunate event. 

Calling all insurers, brokers or risk managers! Are you ready to find out #WhatsNext? Get in touch to arrange a meeting with Charterfields Directors, Andrew Slevin and Joe Higgins, to answer any questions on reinstatement cost assessments or updating declared values.

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