Sky Insurance

The role of Insurance Surveyors and Loss Assessors is extremely important in imports and exports. Billions of dollars worth of goods and materials are transported from one country to another for trade purposes every single day. Since the value of the cargo is extremely high, the goods need to be insured in order to protect the interests of both the seller and the buyer. The goods also need to be carefully inspected before being shipped. If there is a mishap during transit, either due to some natural calamity or human error, the extent of loss needs to be determined so that the insurance claims can be calculated precisely. All these important tasks are done by insurance surveyors and loss assessors in every country.

The areas that Insurance Surveyors and Loss Assessors deal with can include cargo inspections, fire damage assessment and inspection of engineering equipment and installations. Before the cargo is loaded onto the vessel, the vessel itself is first inspected to ensure that it is in a good condition to transport the cargo. Then the condition of the cargo is inspected before loading it into the vessel. In some cases, lab analysis of the cargo might be done in case of chemicals and other hazardous materials. The Insurance Surveyors and Loss Assessors are also present when the cargo is loaded into the vessel to ensure that the goods are packed and stowed away in a proper manner. Since goods can be damaged during the loading process, their presence during this crucial phase is essential. The cargo is then weighed and tallied with the invoice. All of these procedures are carried out diligently when cargo is exported from an exit point.

The same amount of care needs to be exercised when cargo comes into the country in the form of imports as well. The Insurance Surveyors and Loss Assessors are always present when goods arrive at an entry point. They first check the external condition of the vessel and ensure that the seal is not tampered with. The cargo is then weighed and checked with the documentation. The external condition of the cargo is checked before it is unloaded from the vessel. In certain cases, the quality of the de-stuffed cargo would be lab analyzed. If there is any damage to the cargo, the extent of the loss is assessed carefully. The quality and the quantity of the cargo are carefully scrutinized to ensure that it is in compliance with the documentation. The Insurance Surveyors and Loss Assessors might also take photographs of the process to use as further evidence for claims.

The Insurance Surveyors and Loss Assessors also take up the assessment of loss in case of a fire. Sometimes there might be losses due to machinery breakdown or malfunction. Even a minor hitch can sometimes bring the production in a factory to a halt and cause a heavy loss. All these losses need to be carefully monitored and the extent of loss assessed by the Insurance Surveyors and Loss Assessors.