Currently, it is estimated that 80% of U.S. cities, towns, schools, counties and special districts address some or all of their risk management and risk financing needs through member-owned, member-governed nonprofit risk pools. Property valuation can be a challenge for risk pools, primarily due to the amount of insured property involved. Many of our risk pool clients have portfolios containing between 5,000 and 10,000 buildings located throughout geographic regions, with corresponding differences in risks and insured values.
Kroll serves our risk pool clients by:
Kroll has been a pioneer in providing appraisal services to risk pools since the early 1990s and the inception of governmental risk pooling. During each engagement, we work with risk pool executives to refine scope and data needs, conduct pilot appraisals, communicate with members, schedule inspections and review deliverables with the pool and individual members.
Kroll has established best practices in fixed asset management that are recognized across our profession.
Kroll offers experience, reliability and transparency in the valuation of machinery and equipment for virtually every industry.
by Meegan Spicer
by Joseph Minott