Overview

An Account Report displays the most important portfolio summary data & insight for each account, including a list of all buildings associated with this account.

Navigation

1. From the Home screen, click the Navigation Menu and select Valuations from the dropdown menu.

Navigation Menu

2. From the Get Valuations screen, click the Accounts tab.

Accounts Tab

3. From the Accounts tab, click an Account on the Accounts Summary section.

Accounts Section

Viewing an Account Report

1. From the Account Summary screen, scroll to the bottom of the Account Summary screen.
2. Click the View Account Report button.

View Account Report Button

3. The following information is listed on the Account Report:
   • Account Name: The account's name.
   • Region: Lists the name of any regions connected to the account. 
   • % Insured Gap: The % Insured Gap field displays the building Valuation adequacy results:
     • Low Risk: Low Risk indicates a less than 10% gap between the Client's Declared Value and the Replacement Cost Value.
     • Med Risk: Medium Risk indicates a 10% to 25% gap between the Client's Declared Value and the Replacement Cost Value.
     • High Risk: High Risk indicates more than a 25% gap between the Client's Declared Value and the Replacement Cost Value.
     • Over Insured: Over Insured indicates the Client Declared Value exceeds the Replacement Cost Value.
   • Total Client Declared Value - Buildings: The Total Client Declared Value - Buildings is the replacement cost declared by the client for all buildings attached to the Group. 
   • Total Replacement Cost Amount - Buildings: The Total Replacement Cost Amount - Buildings field is the building replacement cost for all building attached to the Group.
     • Inclusions: The following elements are included in the Total Replacement Cost calculation, buildings, structures, civil work, foundation type, piling, building services, soft cost fees for rebuilding, debris removal, and demolition expense.
     • Exclusions: The following elements are excluded from the Total Replacement Cost calculation, costs of general site preparation, land improvements, land values, replacements due to building codes, interests, financial charges, change in replacement concept, process design or redesign, Value Added Tax (VAT), contamination clean-up, allowances for cost increases.
   • Amount Under Insured: The Amount Under Insured field will display the amount the building is over or underinsured.
   • Number of Projects: The Number of Projects field lists the projects connected to the account.
   • Number of Locations: The Number of Locations field lists the locations connected to the account.
   • Number of Properties: The Number of Properties field lists the properties connected to the account.
   • Number of Valuations: The Number of Valuations field lists the valuations connected to the account.
   • # of Properties by Review Flag: The chart displays the number of properties within a review state by review status (e.g., No Flag). A user can manually flag a Valuation for review. If this happens, the Review Flag field will show No Flag, indicating that the review request was made manually. The system will automatically flag Valuations for review if they meet one or all of the following criteria:
     • A Client Declare Value is greater than $50 million.
     • The building has more than 15 floors with an average floor height greater than 15 ft.
     • The building is historically listed.
   • # of Properties by Gap %: The chart displays building valuations by adequacy result:
     • Low Risk: Low Risk indicates a less than 10% gap between the Client's Declared Value and the Replacement Cost Value.
     • Med Risk: Medium Risk indicates a 10% to 25% gap between the Client's Declared Value and the Replacement Cost Value.
     • High Risk: High Risk indicates more than a 25% gap between the Client's Declared Value and the Replacement Cost Value.
     • Over Insured: Over Insured indicates the Client Declared Value exceeds the Replacement Cost Value.
   • #of Properties by Valuation: The chart displays the valuations connected to the account by Total Replacement Cost in Local Currency.
   • Building Name: The building's name. The buildings listed are connected to the selected  account. Click the Building Name link for the Building Valuation pop-up screen and Valuation Summary Report. The Valuation Summary Report displays the replacement cost for the new valuation report for a single building. 
   • Building Occupancy: Lists the building's occupancy type. See the Submitting a Building for Valuation article for further information on the different building occupancy types.
   • Gross Floor Area: Lists the building's gross floor area. The Gross Floor Area is calculated by multiplying the Building's footprint by the number of floors (including the basement).
   • Client Declared Value - Building: The Building Client Declared Value is the total amount the Building is covered if a rebuild is required.
   • Total Replacement Cost in Local Currency: The Building Client Declared Value is the total amount the building is covered in local currency.
   • Value Adequacy: Lists the building's Valuation Adequacy Results:
     • Low Risk: Low Risk indicates a less than 10% gap between the Client's Declared Value and the Replacement Cost Value.
     • Med Risk: Medium Risk indicates a 10% to 25% gap between the Client's Declared Value and the Replacement Cost Value.
     • High Risk: High Risk indicates more than a 25% gap between the Client's Declared Value and the Replacement Cost Value.
     • Over Insured: Over Insured indicates the Client Declared Value exceeds the Replacement Cost Value.

Account Report