DEMAND for the services of average adjusters remains at high levels despite increased competition and changes in the marine industry, according to Paul Silver chairman of the Association of Average Adjusters.
“It is clear from talking to colleagues that there is no shortage of work out there. The insurance industry continues to value the set of skills that average adjusters offer, which you simply cannot obtain elsewhere,” he said.
“However, I am concerned as to what will happen when people like me call it a day – will there be enough qualified practitioners to take over? There are exciting career prospects for a young average adjuster, and we urgently need more of them.”
It can take about four to five years of part-time study with some claims experience to pass the necessary exams and achieve the gold standard of Fellowship of the AAA. Silver estimates that the market will require around two new Fellows a year for the next decade to meet demand and replace those who are likely to cease practising.