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An international understanding of the current and future role of chartered surveyors in providing flood risk advice for commercial properties

Lamond, Jessica; Bhattacharya-Mis, Namrata; Chan, Faith Ka Shun; Kreibich, Heidi; Montz, Burrell; Proverbs, David; Wilkinson, Sara

Authors

Jessica Lamond Jessica.Lamond@uwe.ac.uk
Professor in Real Estate and Flood Risk Management

Faith Ka Shun Chan

Heidi Kreibich

Burrell Montz

David Proverbs

Sara Wilkinson



Abstract

Limited research has been done to understand the perspectives of building surveyors in the international commercial property sector in the context of flood risk to assets, valuation of risk and availability of insurance. There is a need to develop an understanding of the current and future role of chartered surveyors internationally in providing professional flood risk advice on commercial property. The objectives of this study are to explore the role chartered surveyors may play in providing advice on flood risk in the context of commercial properties internationally using evidence from UK, Germany, China, US, and Australia. A systematic review of the evidence was undertaken through academic literature together with an in-country search of grey literature. The review found a wide variety of insurance regimes and risk disclosure practices in these international contexts. Attitudes to risk mitigation and the role of chartered surveyors were summarised across countries to draw on the range of practices that can form the basis to move towards knowledge transfer and common understanding of approaches to property at risk. Surveyors have an important role to play in advising clients and investors on appropriate risk mitigation and there is the potential for this to expand in the future.

Presentation Conference Type Conference Paper (unpublished)
Start Date Sep 1, 2016
Publication Date Jan 10, 2017
Peer Reviewed Peer Reviewed
APA6 Citation Lamond, J., Bhattacharya-Mis, N., Chan, F. K. S., Kreibich, H., Montz, B., Proverbs, D., & Wilkinson, S. (2016, September). An international understanding of the current and future role of chartered surveyors in providing flood risk advice for commercial properties. Paper presented at RICS COBRA 2016
Keywords insurance, international, flooding, resilience, surveyors
Publisher URL http://www.rics.org/uk/knowledge/research/conference-papers/an-international-understanding-of-the-current-and-future-role-of-building-surveyors-in--providing-flood-risk-advice-in--commercial-properties/
Additional Information Title of Conference or Conference Proceedings : RICS COBRA 2016