There is an increasing demand for professionals called surveyor loss assessors in the insurance sector. Their ever-rising demand stems from the increasing illicit activities concerning insurance claims. According to one source, the general insurance companies in India during 2016-2020 confronted a loss of Rs 26000 crores owing to illicit claims.\u00a0<\/p>\n\n\n\n
These professionals are certified by IRDAI and render services like assessing the exact cost of damage incurred by the insured product and evaluating pinpoint compensation value, helping insurance companies with decision-making. This guide explores the essentials of becoming a surveyor loss assessor, the importance of licensing, and the steps to secure a license efficiently.<\/p>\n\n\n\n
A surveyor loss assessor refers to an IRDAI-approved professional well-versed in damage assessment and insurance value estimation. With a robust specialization in insurance products, clauses, etc, these experts can help insurers with a fair settlement without hindering anyone\u2019s interest. Acting as a bridge between the insurer and the insured, a surveyor loss assessor can access insurance claims without utmost accuracy while keeping fraudulent intentions at bay, ensuring peace of mind for insurers.<\/p>\n\n\n\n