Insurance Post

Loss Adjusters - Cutting their losses?

Loss adjusters have been badly hit, as insurers increasingly cut back on their panels and take the adjusting function in-house to slash their costs. Hugo Cranmore warns against such short-sighted solutions, which may see the profession - and insurers themselves - suffer as valuable skills and experience disappear

Office closures and staff redundancies among some of the large loss adjusting firms have created much uncertainty. Many relate to success and failure on major composite panel business according to Ian

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