Public Sector

Public sector portfolios feature diverse properties from residential, through to leisure facilities and listed buildings, which presents many challenges when valuing for insurance purposes. Properties are often held for many years without any formal insurance valuation programme and are subsequently incorrectly insured.

Rushton International provides a cost-effective solution, utilising valuation models to value public sector residential portfolios. We provide accurate valuations and support the allocation of values for recharging insurance costs to tenants and leaseholders. We understand the changing regulatory environment and ensure compliance with the Insurance Act of 2015. Please see the attached links for further information on the insurance Act.

Valuation Matters

We work with many public sector clients and our service helps insurance Managers as follows:

  • Ensures the public body is not under or over insured in the event of a loss
  • Justifies and supports a claim settlement
  • Eliminates time-consuming and unnecessary pressure on in-house personnel in providing reinstatement insurance values
  • Establishes a long-term programme to maintain accurate replacement insurance values, including annual updates
  • Shows good governance as part of the management of the assets that fall under the responsibility of the local authority or public body

Some Recent Projects We Have Valued

Company Name:Local Council Buildings Valuation

Assets Valued: Valuation of all buildings on an industrial estate

Service: On-site surveys and comprehensive insurance valuation report

Company Name:Local Council

Assets Valued: Valuation of all commercial buildings that form part of their portfolio.

Service: Valuation for insurance purposes and ongoing assistance.

Company Name:Local Authority

Assets Valued: Valuation of all buildings and contents located at the theatre.

Service: On-site surveys and comprehensive insurance valuation report, plus valuation for accounts purposes.

Contact Us

    Insurance Valuations

    Insurance Valuations

    Rushton International is a tried and trusted name in insurance valuations. Our valuation advice assists clients, risk managers and their brokers to accurately and confidentially set sums insured for the fixed assets in their insurance programme.

    Financial Valuation

    Financial Valuations

    We work with our clients to deliver comprehensive valuation advice for financial reporting purposes. By using our sector experience and market knowledge we are able to assist with the valuation of plant, equipment and other specialised assets in order to estimate fair value for GAAP and IFRS financial reporting purposes.

    Asset Management

    Asset Management

    Rushton International provides asset management solutions that are tailored to our clients’ needs. Our work ranges from asset verification, preparation of computerised asset registers and updating asset registers.