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Aon Valuation Services

Aon Valuation Services
Know and manage your assets - fair value and compliance

Manage your assets for risk, accounting, maintenance and capital decision making.

A total asset risk management program deals with more than the insurable value of your capital assets.

  • stocktaking of assets
  • barcoding
  • reconciling and installing asset registers
  • determining values
    • insurable values
    • fair values
    • market values
    • replacement values
    • disposable values
    • auction values
  • installing plant and building maintenance systems

AVS has a national network of professional valuation consultants. AVS developed and introduced the e-Valuate technology into professional practice in Australia.

We add value

Our valuation methodology makes extensive use of technology:

  • property valuations are based on our unique e-Valuate system which uses an accurate, up-to-date electronic database of Australia-wide building construction costs
  • plant, machinery and contents valuations are carried out using our FAStrak paperless data collection system where Palm Symbol hand held computers and electronic down loading of data eliminates transcription errors and reduces time and cost.
The Aon approach

AVS is an Aon business division. Valuation services are a natural extension of the Aon asset management client offering:

  • insurance solutions
    we value your property, plant and machinery contents and fine art, so :
    • you don't pay excessive premiums for unnecessary cover
    • if you have a loss you don't lose money because you are underinsured
    • your claim is paid promptly

    we will update your insurable values every six months and conduct an on-site review every three years to make sure all capital additions and other changes are included.

  • compliance with financial reporting accounting standards
    we can provide public companies, private businesses and government bodies with the right values to comply with accounting standards and show fixed assets in the balance sheet at the correct value. This can be market value, fair value or deprival value depending on the circumstances. If completed at the same time as an insurance valuation you will really save money!
  • asset management solutions
    an accurate asset register is an integral part of risk management, plant maintenance and accounting. If your asset register doesn't accurately reflect your property it has limited value and needs to be updated. Our electronic asset tracking system, FAStrak remedies this situation quickly and efficiently. Palm hand held computers are used to stock take, bar code and electronically down load full details about each asset's location, description and value to the FAStrak database.

    We reconcile the information in the FAStrak database with your existing records and either establish a new, accurate asset listing, or export the data to your existing asset register. Once established it is easy to regularly validate and keep track of movements amongst your assets.
  • mergers and acquisitions valuations
    whether it's a merger or acquisition, having an independent valuation of tangible assets can save real dollars through effective tax treatment - including goodwill. Contact us early in the negotiations to ensure the merger or acquisition deal allows for these benefits.
  • market values for loan or mortgage security
    business finance loan security often includes property. Take advantage of the full value of your property, plant and equipment and other assets to maximise your loans.

If you would like to know more about insurance valuation of buildings, infrastructure, plant and machinery, office contents and fine art, please contact:

Location Contact Email Telephone
Sydney Neil Hemmings neil.hemmings@aon.com.au 61 (2) 9253 7677
Melbourne Ian Henderson ian.henderson@aon.com.au 61 (3) 9862 9162
Brisbane Michael Pankhurst michael.pankhurst@aon.com.au 61 (7) 3223 7573
Adelaide Neil Hemmings neil.hemmings@aon.com.au 61 (8) 8301 1184
Perth Mark Klenke mark.klenke@aon.com.au 61 (8) 9429 4407

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Related Links

AVS Generic Brochure

Insurance Factsheet

Accounting Factsheet

Commercial Factsheet

Currency edition 12

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