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Insurance Archives - The Valuator

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Understanding Machinery Valuations

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Here are some helpful articles on understanding machinery valuations – for expert valuations on your machinery don’t hesitate to give The Valuator a call! _________________________________________________ The article below was source at Zurich Insider For businesses that rely on key equipment, underinsurance can have unexpected and severe consequences. Simply using the purchase cost for valuing assets […]

How to Inventory Machinery

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A business may or may not record machinery as inventory for accounting purposes. The concept of inventory in the accounting context is used to help identify certain assets that a company expects to turn over into sales within an accounting period. For example, if machinery is purchased as a manufacturing asset or other fixed resource, […]

Drone technology can make plant theft recovery safer and more efficient

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Recovering stolen plant equipment and machinery could be made easier and safer with new drone technology, says AMI Group Plant equipment theft can be a significant problem, not to mention an expensive one. Drone technology is used across a range of sectors, but could it have applications in plant recovery? Plant tracking specialist AMI Group says it […]

Gross property insurance claims for London tower fire may reach R870 million

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The London fire that killed scores of people last month could lead to gross property and liability insurance claims of R870 million ($64.80 million), the company that had insured the property said. At least 80 people are presumed dead, from the blaze that gutted the 24-storey Grenfell Tower block on June 14, and the final […]

The importance of being correctly insured when disaster strikes

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What will the rest of 2017 bring? With the devastating Western- and Eastern Cape fires fresh on our minds, we can all remember floods, storms, and some notable disasters which brought insurance to the forefront. The adequacy of insurance cover can, however, depends on the accuracy of the valuation placed on the assets. In general, […]

DISASTER LOOMS – HAVE PEACE OF MIND – WESTERN CAPE FIRES

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There appears to be a common thread of disastrous fire out breaks over this period of the year in the Western Cape. In 2015, between February and April fires broke out in Muizenberg spreading to Hout Bay, Cape Point & Tokai where over 6 900 hectares of land was destroyed, 13 properties damaged with 3 […]

Iconic Houw Hoek Hotel sold – independent valuation seals the deal

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The iconic Western Cape Houw Hoek Hotel has recently been sold to hoteliers Robert Haarburger and Drew Danford for R42 million. The property, which is South Africa’s oldest hotel, has been on the market for over two years and according to the new owners, became a ‘legitimate and attractive’ option after an independent valuation was […]

Darrin Raniga appointed CEO of The Valuator Group, UAE

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Darrin Raniga has been appointed the new Chief Executive Officer at The Valuator Group, based in Dubai, where he will oversee operations for this international valuations company that specialises in multi-faceted valuations for insurance and market purposes. Darrin hails from South Africa, where he completed his schooling at Hartwell Business Institute and is currently completing […]

The Valuator Group open offices in Dubai

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The Valuator Group, an accredited, multi-faceted, boutique valuation company operating throughout Africa and the Indian Ocean Islands, has recently opened offices in Dubai, identifying the huge opportunities offered by the region as a significant deciding factor. The last three decades have seen a dramatic change in Dubai, which has become a major business centre boasting […]

La Niña – Storm damage insurance claims – be warned

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Assets must be professionally valued  Recent storms in South Africa not only wreaked havoc in the streets of Bloemfontein and Gauteng but also sent the short-term insurance sphere spinning. Physical damage to cars and property is evident and the financial implications for short term insurance policy owners can be far-reaching as the industry receives a […]

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