Frequently Asked Questions
Your nearest Aon Insurance brokers:
How much does a valuation cost?
The cost of a valuation depends on the type, location, quantum of the asset, along with the purpose of the valuation. However, to help provide more cost-effective solutions, Aon has developed a tablet-based data capture system which makes the process quick and smooth. Contact us for a no-obligation quote.
Do you provide Expert Witness reports?
Yes. We have expert valuers with up to 40 years of experience as expert witnesses, across numerous jurisdictions. Whether it’s family law or other litigation, we can act as single expert or adversarial expert. At Aon, we understand the law and are fully versed in court rules.
Yes! All of our valuers maintain active membership and accreditation with national and international professional bodies including the Australian Property Institution (API), Royal Institute of Chartered Surveyors (RICS), and American Society of Appraisers (ASA) and, as a matter of fact, we are the first plant and machinery valuation firm in Australasia to be accredited under the Property Institute of New Zealand for quality assurance. This is the only accreditation scheme in the world specifically designed for tangible asset valuers. In addition, we are one of just eight valuers on the Australian Taxation Office (ATO) valuation panel and sit on various state revenue panels.
What definitions of value do you use?
Our valuers are versed in a range of valuations definitions and methodologies in accordance with international standards including market value, fair value, forced and orderly liquidation value, reinstatement / replacement value, going concern.
What regions do you cover?
Aon’s Asia-Pacific team of valuers cover anywhere in Australia, New Zealand and the Asia-Pacific Region, and have access to an international team we can call on for anywhere else in the world.
How long will a valuation take?
While this depends mainly on the type of asset, at Aon, we’ve developed our own tablet-based data capture system to provide speedier and more cost-effective solutions.
What types of assets do you value?
You name it, we value it! We cover the complete range of tangible assets including but not limited to:
||Antiques & Fine Art
||Cultural and heritage assets
||Mobile plant assets
||Plant, equipment and machinery
||Stock and materials
What industries do you cover?
From artwork to zoos - Aon has in-depth expertise across a very wide range of industries including but not limited to:
|Banking & Financial Institutions
|Energy & Natural Resources
||Entertainment and Leisure
||Family Law & Litigation
||Food & Beverage
||Heritage & Museums
||IT & Telecommunications
|Media & Communications
||Not for Profit
||Racing & Sporting
||Real Estate & Housing
|Retail and Wholesale
||Utilities & Power
A valuation is when a qualified valuer assesses certain aspects of a tangible asset to determine its market value. Understanding the value of your tangible assets is an important aspect of ensuring you are maximising their returns. An independent valuation is essential for many aspects of business including tax and accounting reporting, court cases or litigation, transactions such as mergers, acquisitions and disposals, insurance purposes, as well as corporate governance practices.
An independent valuation by an accredited valuer will provide you with the peace of mind that you have the accurate market value of your tangible assets for any purpose required.