News Details

Episode 5: Replacement Cost Rollercoaster - How has your Portfolio been Impacted?

19 May 2022

Recent global events, including the pandemic and rising inflation, have strongly affected the construction market and insurance replacement cost values for commercial and residential buildings. Supply chain issues affecting materials, rising energy costs, and labor shortages have driven sharply higher replacement costs, which in turn cause more buildings to be underinsured. Opta Precise Services can help assess the impact on your portfolio with a quick view of changes or new exposures.

About the Expert

Josh has worked for Opta Precise Services serving the insurance industry for ten years jointly as the National Administrator of Professional Services and a Senior Commercial/Residential Loss Control Specialist. In his current roles, he engages with clients to develop a diverse array of loss control solutions in effort to reduce exposure to loss and ensure that portfolios are adequately insured to value.

Contact Joshua Dejager