Reinstatement Value Model: Automated valuations
Many organizations still work with inaccurate or outdated reinstatement values. This increases the risk of underinsurance and slows down underwriting processes. The Reinstatement Value Model (RVM) calculates reinstatement values automatically and in real time based on current data.
The model combines technology, market knowledge, and valuation expertise in a single, scalable solution for both individual properties and entire real estate portfolios. The results are directly applicable in insurance and underwriting processes and provide continuous insight into risks. RVM is available through the Oodit platform or can be implemented via an API, unlocking the reinstatement value at precisely the right moment in the process.
The digital solution for automated valuations.
Trusted by professionals
RVM is used by insurers, intermediaries, and real estate professionals who opt for innovation, speed, and reliability in valuation and risk management.
Why RVM?
The benefits of an innovative approach
Reinstatement value calculated instantly
RVM automatically calculates reinstatement values within seconds based on your postal code and house number.
Protection against underinsurance
Up-to-date reinstatement value data reduces the risk of underinsurance and minimizes disputes during claims handling.
Insight into portfolio risks
With RVM you can easily identify deviations, priorities and risks within large and complex real estate portfolios.
Easy integration via API
The reinstatement value is automatically integrated into the quotation and acceptance process via API connections.
Reliability score as evidence
RVM can be used for any type and size of building, supported by insight into data source reliability through the reliability score.
Object data is automatically retrieved and enriched based on postal code and house number.
The data is structured and processed in an innovative valuation model, powered by market and appraisal knowledge.
The reinstatement value is calculated in real time and made available via dashboard or API.
Properties that fall outside the standard calculation are assessed by experienced appraisers for maximum reliability.
Frequently asked questions about RVM
What is the reinstatement value of a commercial property?
The reinstatement value is the amount needed to rebuild the building; this forms the basis for the insured amount.
What is underinsurance and why is it a risk?
Underinsurance means the insured amount is too low compared to the reinstatement value, which puts an organization at financial risk in the event of damage.
How fast can RVM calculate reinstatement values?
RVM is designed to automatically value large numbers of objects and retrieve reinstatement values in real-time in processes.
Can RVM be integrated into our quotation/acceptance process via API?
Yes, RVM provides real-time valuations via API based on postal code and house number and can be applied directly in application processes.
What happens to objects that cannot be automatically valued correctly?
These are assessed separately by our experienced appraisers for a final valuation.
Can RVM be used for the entire portfolio?
RVM can be used for any type of property, commercial or residential, and of any size, from small to large. Each calculation assesses the reliability of the available data sources. We demonstrate this reliability through the reliability score. This means there is no fixed upper limit to RVM’s use, allowing for well-founded insight for each property.
Do you support Single Sign-On (SSO)?
Yes. We support Single Sign-On (SSO) with Microsoft Entra ID.
Where is RVM data processed?
RVM uses the provider TransIP, which operates data centers in Amsterdam (AMS0) and Alblasserdam (RTM0). In addition, Oodit B.V. uses the Azure region West Europe, which is physically located in the Netherlands.
Is your data secure?
We conduct professional penetration tests every year to continuously ensure the security of our systems.
RVM uses encryption in transit
RVM implements encryption in transit using industry-accepted standards such as TLS 1.2 or newer. Outdated protocols are avoided to ensure secure data transmission over public networks. We enforce HTTPS and use HSTS to ensure that all communication remains encrypted and secure.
RVM uses encryption at rest
The company secures data at rest using industry-accepted encryption standards such as AES-256. This ensures that all stored data—whether in databases or other storage systems—is protected against unauthorized access and data breaches. Employee devices are also encrypted using BitLocker on Windows or FileVault on macOS.
What is the software development process for RVM?
RVM developers follow a multi-step software development process in which test and acceptance environments are strictly separated from the production environment. To ensure software quality, code reviews, automated tests, regression tests, and production validation tests are performed after each release. Changes are carried out only by personnel working according to the least-privilege principle and the four-eyes principle.
ISO27001 certified
We comply with the international standard for information security and protection of customer data.
Ready for innovative valuations?
Want to determine reinstatement values faster, structurally reduce underinsurance, and modernize your acceptance and analysis processes? Experience for yourself how RVM, an innovative tool, can support your organization with real-time, data-driven insights.
