Home » Insurance » A loss assessor in a claim settlement process is representing the interest of the?

A loss assessor in a claim settlement process is representing the interest of the?

A loss assessor in a claim settlement process is representing the interest of the?

  • A.
    insured
  • B.
    insurer
  • C.
    reinsurer
  • D.
    broker
Correct Answer: Option A
Explanation

A Loss Assessor is appointed by the policyholder when they need to submit a substantial or complex claim. All fees are paid by the Policyholder.(insured)