A profefessional charged with the responsibility of assessing loss in insurance
Answer Details
The professional responsible for assessing loss in insurance is called an "adjuster". An adjuster is hired by insurance companies to evaluate claims made by policyholders and determine the amount of compensation that should be paid out for the covered loss or damages. The adjuster investigates the circumstances surrounding the claim, examines any relevant documentation, and may even visit the site of the incident to gather additional information. Based on their findings, the adjuster calculates the amount of loss or damages, and makes a recommendation to the insurance company on how much compensation should be paid out to the policyholder.