Property Insurance Policy workshop - “Replacement cost Value Versus Actual Cash Value” by Asad u Khan

He joined business in 1992 and transformed the business into corporate entity. He at present is Group Managing Director of Oceanic Group of Companies. In the Insurance Industry he is well-known and respected.

Speaker gave the importance of cost incurred for the damages sustained and how these value was tackled in handling a claim from Loss adjuster point of view. This training session discussed the coverage and settlement aspect that involves replacement cost, depreciated cost, invoice value and market value etc. He further highlighted the importance of documentation required and their understanding for settlement of claim.”