LOSS ADJUSTERS
The Loss Adjusters first role is to establish the cause of the loss and whether it is covered by the insurance policy. They then write a report to the insurance company assessing the validity of the claim and recommending appropriate payment.
The main roles of the Loss Adjuster are to ;
a) Visit the site of a loss to survey and assess the damage
b) Record details of the loss with photographs if possible
c) Ensure that the site is secure after the loss by having doors and windows boarded up. This is vital to prevent any further losses occurring which might increase the claim still further
d) Recommending local repairers
e) Advise the policyholder and the insurance company on the most suitable way to carry out repairs by issuing a full report
f) Investigate and suspicious claims by inspecting records to establish that the property being claimed for existed
g) Liaise with other insurers to negotiate the spread of liability
L & C is a company that arises from the experience of the owner who has managed insurance consultants who work in the world of compensation for damages for insurance companies for several decades. The long experience has allowed to be requested as insurance experts in all sectors.
The marine is one of these:
a major marine incident requires the urgent attendance of surveyors and consultant engineers to assist in ensuring safety, assessing damage and providing advice to involved parties quickly. A major casualty at sea stretches the resources of the most prepared of owners, managers and insurers both technically and operationally and thus high quality advice is an essential part of mitigating a loss.
At L & C we offer technical and survey services with the additional benefit of direct access to our team of insurance professionals. We are able to offer technical advice with regard to loss mitigation, repairs and the requirements of the insurer in preparation for a claim. Our surveyors and consultants have experience of many vessel and damage types and are able to provide advice that can help in achieving the minimum out of service time following a casualty.
L&C has a network of surveyors and consultant engineers based in Mediterranean Area. We are Marine Loss Adjusters and Qualified Yacht Surveyors providing a wide range of services to the Yacht Market since 1980. A major part of our work is acting for Insurance Company with valuations and recovery services ( Generali - Allianz ) . We also offer surveying services to the general public when pre-purchase and insurance surveys are required. We have a long experience of about ten years as insurance appraisers for damage to merchant ships since 200 metres and goods transported in containers on behalf of Ras Insurance Allianz today.
In Italy and in France we have dealt with fire accidents and damages deriving from the risks of the construction that involved yachts from 24 meters to 35 meters
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Valuation Surveys for Insurance, and Finance
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Marine investigation into theft, fraud, fire & arson
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Marine Loss adjusting
Furthermore, our group based in Monaco has a long experience in Yacht service, for emergency technical assistance too, to yachts in navigation.
