Academy Workshop - Valuations Under Pressure: Budget, Frequency & the Risks of Getting It Wrong

Valuations are under unprecedented scrutiny as insurers demand greater accuracy and frequency of valuations. This peer led roundtable explores the challenges risk and insurance managers face in managing valuation programmes within the renewal cycle, including budget approval, valuation frequency and the risks of overreliance on indexation.

Through guided discussion, participants will examine how valuation decisions influence claims defensibility, insurance adequacy and internal governance. The session will also look at how organisations can position valuation spend more effectively with finance leaders and shift the conversation from compliance cost to risk mitigation.

Delegates will explore when valuations should be refreshed, what indicators may trigger a review, and why challenging index only based approaches is crucial. Real-world experiences will be encouraged to help identify common pitfalls and highlight where accurate  valuations have clearly added value.
A closing summary will provide key takeaways and practical steps attendees can apply immediately within their organisations.

Agenda

Opening & Context
Framing the current environment: insurer scrutiny, budget pressure, and valuation expectations. Pulse check on valuation frequency and sign off responsibility

Getting Budget Approved
Peer led discussion on which key points work to get budget approved internally, focusing on claims defensibility, governance and reframing valuations as risk protection.

How Often Do You Need a Valuation?
Exploration of trigger based approaches vs. fixed cycles, insurer expectations and practical indicators for valuation frequency.

Warning: The Index Trap
Discussion on the limitations of relying solely on indexation and real-world examples of insurer pushback or claims friction.

Peer Exchange
Delegates share challenges, solutions, lessons learned and one practical change they will take back.

Close & Takeaways
Summary of core messages and optional non-commercial follow-up support.

By the end of the session, you will be able to:

• Identify the key risks associated with outdated or index based valuations.
• Explain how valuation frequency should reflect risk, volatility and insurer expectations.
• Describe effective approaches for securing valuation budget internally.
• Evaluate when and why indexation may fail during claims or insurer review.
• State practical steps to strengthen internal valuation governance and documentation

Speakers

 Kiran Aulakh, Vice President Growth, Kroll

 David Jones, Director, Kroll

Matthew Wrght, Managing Director UK, Netherlands  & Germany, Kroll