Loss Adjuster

A Loss Adjuster is appointed by the Insurance Company to assist them in dealing with insurance claims. Investigating the circumstances of the claim, recording the damage Loss Adjusters will advise insurers on the merits of the claim. Loss Adjusters will often represent several Insurance Companies but never the policyholder. Firms providing Loss Adjusting services are normally separate entities to the Insurance Company that appoint them. However,  insurance companies can also employ internal loss adjusters.

Typically adjusters will deal with either liability claims or property claims, but there can be a crossover like when there is third  party damage to buildings caused for example by vehicular impact.

What is the role of a Loss Adjuster in property claims?

Property Loss Adjusters will investigate incidents involving damage to property insured under the insurance policy. Loss Adjusters dealing with property claims will normally deal with both commercial insurance claims home insurance claims.

Key functions of a Loss Adjuster in property claims.
• Protect the interest of the insurance company.
• Investigate the cause of the claim.
• Check policy cover.
• Record the damage.
• Examine claim submission from the Loss Assessor representing the policyholder.
• Seek to reduce insurers exposure to the claim.
• Achieve savings on the claim for insurers.

Premium Claims Consultants are leading loss assessors and will negotiate with the loss adjuster on your behalf whatever the type of property damage claim.

What is the role of a Loss Adjuster in Liability Claims?

Liability Adjusters normally investigate accidents often involving personal injuries and act on behalf of the insurance company. In addition to dealing with the policyholder liability adjusters regularly deal with third party claimants. Their role is to investigate the incident and advise on the insurers liability and partake in negotiating a settlement.

Normally Loss Adjusters will negotiate with representatives of the claimant and will represent the interest of the insurance company.
Should you have an insurance claim it is imperative that you engage your own representatives to deal with the loss adjuster.
Premium Claims Consultants are leading loss assessors and will negotiate with the loss adjuster on your behalf whatever the type of property damage claim.

What is the Role of a Public Loss Adjuster?

Public Loss Adjusters accept instructions from the policyholder and don’t represent insurance companies. They accept instructions from the public -(i.e. the policyholder) hence the name – Public Loss Adjuster. Nowadays in Ireland they are more often called Loss Assessors.

• Public Loss Adjusters also known as Loss Assessors will prepare the insurance claim
• They will handle all negotiations on behalf of the policyholder.
• They will seek the best settlement from the from the policyholders point of view.

Premium Claims Consultants can be contacted on 061 311266 or info@premiumclaims.ie and will be happy to assist with your claim for any property damage . Common claim types are escape of water, escape of oil and fire damage claims.