Who is responsible for looking after valuable property within the premises?

The custodian is primarily responsible for looking after valuable property within the premises. This role entails the management and protection of property, ensuring its safety and security. A custodian takes on the duty of care regarding valuable items, making sure that they are monitored and maintained properly to prevent damage or loss. This includes safeguarding items from potential hazards, theft, or deterioration, which is crucial in any context where valuable property is present.

On the other hand, while the insured plays a role in protecting their property and may have an obligation to ensure its security, their primary responsibility lies in managing the insurance coverage. An adjuster's role is more focused on evaluating claims and determining the extent of insurance payouts rather than the physical safeguarding of property. Similarly, a broker is more involved in facilitating the purchase of insurance and advising on coverage options, rather than directly managing or looking after property. Therefore, the custodian's specific responsibility for the care and oversight of valuable items makes them the appropriate answer to this question.