RICS in London: NELA - RCA Masterclass

Overview

Reinstatement cost assessments are often viewed as a routine exercise, but getting them wrong can have significant financial and professional consequences. This practical CPD session will explore best practice in preparing accurate reinstatement cost assessments, highlighting the common pitfalls that lead to underinsurance, overinsurance and costly disputes.

Using real-life case studies, Daniel will demonstrate how incorrect assessments have resulted in substantial financial losses and examine the lessons RICS members can learn. The session will also cover current best practice, risk management, professional liability and practical techniques for producing accurate, robust and defensible reinstatement valuations.

Speaker

Daniel Lane, Director and Head of RCAs Earl Kendrick

Daniel Lane leads the reinstatement cost assessment department at Earl Kendrick, overseeing a specialist team delivering reinstatement valuations for residential, commercial and industrial properties across the UK.

With more than 12 years of specialist reinstatement cost assessment experience, Daniel is recognised as a respected voice in the field. Together with his team, he is committed to improving the standards, accuracy and overall approach to how reinstatement cost assessments are delivered across the industry.

Daniel's department continues to play a key role in Earl Kendrick’s multidisciplinary consultancy offering, supporting longstanding client relationships through responsive communication, technical expertise and a commitment to delivering reliable, high-quality advice.