The Average Adjusters’ Association

The Average Adjusters’ Association is a professional organization composed of experts who specialize in analyzing and settling claims related to maritime insurance, particularly in the event of ship damage or loss. They assess the financial aspects of insurance claims, ensuring fair distribution of costs among different parties involved. Their work involves interpreting complex insurance policies, calculating losses, and applying established principles of maritime law. The association sets standards for accuracy and fairness in these adjustments, helping facilitate smooth and equitable resolution of insurance disputes in the shipping industry.