Kroll Property Insurance Valuation Platform Qorus Innovation in Insurance Awards 2024

Underinsurance with respect to replacement cost of buildings is a major concern across the industry. As the largest valuation advisory firm, Kroll launched a new solution in November 2022 that helps insurers, brokers, and the insured to obtain automated independent valuations globally, accurately, at scale, and in seconds. It does so by combining its valuation expertise with the latest technology. Underlying these capabilities is a vast proprietary dataset, the result of 10’s of thousands of appraisals conducted by our 250+ valuation experts every year. This is a unique and compelling competitive advantage that firmly underpins the accuracy of our valuations.