UPVC Manufacturer Requires Reinstatement Cost Valuation
- Case Study
6/10/2022
Brief
A leading global UPVC manufacturer required us to undertake an inspection of their UK production site and warehouse. This included all equipment and vehicles. The aim of which was to provide a reinstatement cost valuation.
Work
Their UK site provides the resources for all of their clients across the UK and Ireland. It includes all the machinery involved in the extrusion and shaping process, as well as the plant involved in transporting and storing the finished product.
Our involvement required each asset to be inspected and valued. This in turn supplied the client and also the insurance provider with a detailed fixed asset register specifying the locations and prices.
Outcome
We were particularly proud of this job, as it was a repeat piece of work from 2018 that was required by the insurance provider for them to be willing to take on the insurance risk.
As our work gave the insurer a detailed understanding of the risk, they were more willing to offer the client cover at rates that were tailored specifically to them.
