Post Blog: Christchurch Earthquake - A Loss Adjuster's Diary (Day three)

Pop-up shop in Christchurch

Back in New Zealand following the earthquake, Benedict Burke visits a different kind of shopping mall, consults with clients and considers stealing a wheelie bin.

It's my third day in New Zealand and I have grown to admire Christchurch. It certainly has to be one of New Zealand's bravest and most resilient communities.

I also sense the start of its renaissance. Pop-up stores have emerged in Cashel Street and, while the city's rebuild is carefully planned, this humble initiative has emerged as a funky option to kick-start Christchurch's retail and hospitality sectors.

The development showcases almost 30 retailers, many of which previously occupied now demolished shops nearby.

Business interruption cover ran out for many of the owners months ago, so for most this represents a good opportunity to bounce back.

Last night I flew to Auckland to have dinner with a major client and their consultant structural engineers.

They have created an engineering model enabling them to work with Crawford adjusters to evaluate the differing seismic structural damage caused across the earthquake events. This allows proper allocation of losses by the cedant for reinsurers' consideration.

Plato once said that "necessity is the mother of invention", and in all kinds of ways I am seeing this in New Zealand in the many new claim solutions being created.

Anyway, the dinner was excellent - the consultants paid for it. Tomorrow I am joining a planning meeting in Christchurch when we will discuss how our adjuster resource will be used over the next six months.

P.S. Following my revealing of the news about Christchurch's missing wheelie bins, a colleague emailed me to say "mine has just been nicked" and could I bring him one back.

Not sure the airline will allow it as hand luggage but I may give it a go.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.

Irish guidelines for assessing damages to push up premiums

Aine Tyrrell, partner at law firm DAC Beachcroft, explains why fresh guidelines for the assessment of damages in Northern Ireland could add to the costs faced by insurers and contribute further inflationary pressure to premiums for liability and motor products.

60 Seconds With... Value Space’s Reijo Pold

Reijo Pold, founder of Value Space, a technology company that uses satellites to conduct assessments for commercial properties and infrastructure, reveals he has been working since he was aged seven and doesn't even totally clock off when he goes on holiday.

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here