
Average Adjusters
Average Adjusters are experts in insurance and reinsurance who evaluate and settle claims involving multiple insurers or treaties. When a claim or loss occurs that spreads across different policies, Average Adjusters determine each insurer's fair share of the payment based on their policy terms and contributions. They analyze policy conditions, assess losses, and apply established rules, such as the principle of "average," to ensure all parties settle accurately and fairly. Essentially, they act as impartial specialists to ensure equitable distribution of claims under complex multi-party insurance arrangements.