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myVal™️ is addressing the challenge of underinsurance and inadequate asset documentation in the home contents insurance market. Many homeowners underestimate the value of their belongings or lack detailed records, leading to coverage gaps or insufficient payouts in claims. This issue was highlighted in a recent Australian Senate Inquiry, where the lack of accurate, real-time valuations and inventory management was shown to leave millions of policyholders underinsured and vulnerable to losses. By providing a platform that offers AI-driven, real-time valuations and organised record-keeping, myVal™️ aims to ensure that homeowners maintain comprehensive, up-to-date documentation of their assets. Additionally, it helps identify policy limitations on high-value items—such as jewellery, art, or electronics—that may not be fully covered by standard policies, enabling users to make informed choices about their insurance needs. Through this approach, myVal™️ works to bridge the information gap between insurers and the insured, reducing the risk of underinsurance and streamlining the claims process for fairer outcomes. Download now: App store: https://apps.apple.com/au/app/myval/id6670776874 Google play: https://play.google.com/store/apps/details?id=com.myval

myVal Questions

Dan Novick is the CEO of myVal.

3 people are employed at myVal.

myVal is based in Sydney, New South Wales.

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