About XL Catlin
XL Catlin. We’re here to help your business move forward. With an incredible blend of people, products, services and technology, we’re looking at risk in a new way. From insurance to reinsurance, we can help you find innovative answers for a changing world.
Our insurance and reinsurance companies provide property, casualty, professional and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises globally. Clients look to XL Catlin for answers to their most complex risks and to help move their world forward.
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XL Catlin examines Professional Indemnity insurance for Valuers
For Professional Indemnity underwriters, few occupations are as fraught as valuers. Valuers - or appraisers, as they're called in some countries - are responsible for estimating the fair market value of different classes of goods, including land and buildings. Valuers have historically been a challenging risk. In fact, poor claims performance led to the occupation being almost uninsurable in Australia before 2004. However, to its credit, the industry in Australia has done a lot of work since then to improve the risk profile of valuers and to make this industry segment more attractive to PI insurers.
To read the full article from XL Catlin, click the link below....
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