T’was the Night Before Riskmas
A Holiday Tale from Your Risk Pool’s Conscientious Property Risk Manager by: Centurisk ‘Twas the night before renewals, and at the risk pool,The team had all left for the annual YuleEach survey collected with painstaking care,Ensured that our members’ rates would be fair. Our clients so blissful, all heading to bed,Dream ratings for coverage would […]
Five Ways to Validate Property Data Accuracy
by Amanda Trueman, Director, Appraisal Services West Whether it’s for insurance, risk management, or financial decision-making, having accurate property data is a must. Property data encompasses all the important details related to a property, such as its location, size, value, zoning, construction, historical records and more. So, when we talk about property data accuracy, that […]
New Year’s Resolutions for Your Property Data
With 2024 on the doorstep, our thoughts inevitably turn to New Year’s resolutions. Sure, the standard pledges to improve fitness or reduce clutter are a positive way to start the year. But this year, why not do something a little different… and resolve to improve your property data? Here at Centurisk, we’ve made it easy […]
A World of Useful Property Data with Google Earth Pro
When you’ve been in the property risk management business as long as we have at Centurisk, you find some innovative ways to elevate your data collection game. And one free tool we’d like to share today that’s helped support our continued quest for more complete data is the Google Earth Pro application. What is Google […]
The Property Insurance Data You Need for Water and Wastewater Treatment Plants
Water treatment plants and wastewater treatment plants might not be the first things that come to mind when you’re thinking about accurate property valuation data. But if your entity has one or both types of properties to include on its property insurance Statement of Values, you might just want to give that data a closer look. […]
How Software for Risk Management Can Solve 6 Big Property Risk Problems
Centurisk has been in the property risk management industry for a long time now. And one thing we’ve learned is that organizations face some very common, yet critical problems that only robust property risk management software can effectively solve. The six big customer issues that come up time after time include: 1. Inconsistent Property Values […]
How to Audit Property Data for Your Insurance Statement of Values (SOV)
It’s a moving target subject to economic factors, new purchases, development, replacement and sale, shifting requirements and, the most frustrating and unpredictable element of all: human error. What is it? Your property data, the information you gather yearly for your insurance Statement of Values (SOV). And by auditing your property data before you submit it, you […]
To Reappraise or Value Trend?
Leverage these methodologies to maintain up-to-date property data and insurable values For any organization with a large property schedule, maintaining accurate and up-to-date property data and values can be a challenge. However, providing your broker/insurer with recent valuation results and detailed property data can help them better understand your risk profile and potential for loss. […]
Dealing with Property Risk in an Increasingly Uncertain Climate
We’re coming to the end of 2021, and a quick review of the past months shows the emerging pattern for the year may be found in its lack of pattern: that is, it’s a year in flux. So far, it’s been a rollercoaster ride for those of us in the property risk management industry. Hurricanes, […]
Ensure Your Property Is Properly Insured (…try saying that 5 times fast)
From business continuity planning to insurance policy management, risk managers have their hands full when it comes to being prepared for a potential loss. Time and again, we hear stories of entities filing insurance claims only to find they didn’t have adequate coverage. If you’re managing a large property portfolio, ensuring your buildings and structures are sufficiently […]