Thursday, March 15, 2018 from 7:30 AM to 9:30 AM EDT
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FM Global Conference Center
1175 Boston-Providence Turnpike
Norwood, MA 02062

Driving Directions


Kara Wordell
Iron Mountain
(617) 765-8126
The March Chapter Meeting

The presentation will be led by Rick Dettmann, Manager of Business Development of Suncorp Valuations.

Property Appraisals – why we need them, how to use them.  The insurance implications of proper valuations.

  • Replacement cost, reproduction cost, actual cash value – which one applies?
  • How to keep values current – cost trends
  • Building vs. equipment – sometimes not a clear delineation between them
  • Inclusions in building value for insurance purposes
  • Using the right square footage
  • Reliable costing sources – Marshall & Swift, etc.
  • Much more

Please note, Registration and breakfast will begin at 7:30 a.m. and the presentation will run from 8:00 a.m. - 9:30 a.m.


Rick Dettmann Biography

Mr. Dettmann has over 18 years of experience with valuing tangible assets, specializing in
appraisals of architecture and machinery and equipment. He began his career in the valuation
industry in 1999 when he joined the Milwaukee practice of a national firm.

During the next 9 years, Rick acquired experience valuing assets in agribusiness, power
generation, energy and food processing, chemical production, foundries, mining, amusement and
racing parks, healthcare, office towers, and the luxury residential sector. Rick’s experience also
includes valuation of some of the largest shopping malls in the western hemisphere and participating in a valuation of the Panama Canal.

In 2009, Rick joined Suncorp Valuations as a Senior Valuation Consultant and was promoted to

Manager of Business Development. In the last 9 years, he has been actively involved in business
development, project management, and valuations across North America and abroad. Rick has
played a key role in the delivery of valuation services for various purposes, including:

  • Establishing of Insurance Appraisal Programs and Post-Loss valuations;
  • Purchase Price Allocation;
  • Asset Based Financing;
  • Litigation Support;
  • GASB & IFRS Compliance;
  • Implementation Property Records and Asset Management Programs;
  • Establishing Fair Value of Donations.

Some of the high profile clients that he has provided these services to in recent years include:

  • IBM;
  • Northwestern Mutual;
  • Manulife Financial;
  • FM Global;
  • Cargill;
  • Valvoline;
  • Kohler Co:,
  • Panda Restaurant Group;
  • McCain Foods Limited;
  • R.R. Donnelly & Sons;
  • DeBeers Canada;
  • Johnson & Johnson

Mr. Dettmann is a Certified General Real Estate Appraiser and Senior Accredited Member of the
American Society of Appraisers (ASA), in Technical Specialties.

Let us know if you have any additional questions.

We would love to have you join us!