BCIS Notional Rebuilding Cost Matrix

BCIS Notional Rebuilding Cost Matrix

Offer more competitive buildings insurance premiums using the BCIS Notional Rebuilding Cost Matrix.

The BCIS Notional Rebuilding Cost Matrix provides the notional rebuilding cost of a residential property using BCIS rebuilding cost models already accepted as standard by surveyors and loss adjusters.

As the sole authority on residential rebuilding costs with over 30 years' experience, BCIS is best placed to provide accurate, consistent and up-to-date notional rebuilding costs.

With independent data for setting notional sums insured now available from the UK's leading building cost experts, insurers can concentrate on their rating structures. 

The Matrix offers:

• Improved pricing - the service plays a significant part in quoting a more accurate and competitive premium for the risk.

• Time saving - Internal resources are no longer needed to develop and maintain notional sums insured.

• Over 2,500,000 rebuilding cost values - covering both stone and brick built properties.

• 30 years experience - from leading construction cost experts.

• Constantly updated information - always in line with the latest building regulations.

• Free data test.

The BCIS Notional Rebuilding Cost Matrix is provided in a comma delimited format ready to import into insurer databases.

Technical

For an overview of the service, including details of the types of properties covered and what's included in the rebuilding cost calculation, please see the Notional Rebuild Matrix - Technical Overview PDF

PDF's of the Technical Specification and details of the House Rebuilding Cost Index for use in updating the Matrix are also available.

To find out more about the service, view the Notional Rebuild Matrix PDF or contact;

Matthew Newsome
BCIS Consultant
E: mnewsome@bcis.co.uk

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User Review

Adam Clarke, underwriting director at Ageas said:
"The BCIS data allows us to price bedroom rated policies with a greater degree of accuracy. This gives us an advantage over many of our competitors by enabling us to accurately assess risk and competitively price policies, protecting and growing our market share by providing a better deal for policyholders."

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For more information call +44 (0)20 7695 1500 or email contact@bcis.co.uk