A call to marine insurance and legal professionals to recognize the essential value of independent mean adjusters despite major advances made by artificial intelligence, at the Association of Mean Adjusters in London 2023 It was held at the annual banquet of the year. It was emphasized that the average coordinator’s skill remains unmatched by the latest innovations. AI applications, lacking human qualities such as emotional intelligence and intuition, will be disrupted in efficiently and reliably handling maritime casualties. No one should be dazzled by the theoretical possibility that AI “bots” may soon be able to “pass” even rigorous exams to qualify for fellowships of the Society.
More than 200 members and guests who attended Savoy Hotel events expressed their admiration for the long-standing tradition of the 154-year-old association, which puts trust first, leaves no room for error, and averages I was convinced that such appraisers would continue to make evaluations in the future. A level of expertise that goes beyond generative products.
The much-anticipated dinner of the Association of Average Adjusters in the global marine insurance calendar each year takes place in the evening of the day of the Annual General Meeting, now called the Annual Meeting. At the meeting it was announced that Mr Burkhard Fischer was elected as President of the Association for the term 2023-24, succeeding Sir Nigel Tiare, who held the position for the period 2022-23.
A message of faith in the profession from members of the Association to the insurers, insurance brokers, legal heavyweights and representatives of the London and international shipping community who dined in the glorious surroundings of the Savoy’s Lancaster Ballroom on 11 May. delivered.
Mr. Jorn Groninger, President of the Deutsche Temporary Dispatch Company Verein.
Richards Hogg Lindley’s Marine Coordination (Middle East) Director Heather Robinson, Richards Hogg Lindley’s Fellow of the Association, gave a toast to the courts and the legal profession, arguing: You can work to inspire the next generation. I may be biased, but I believe that appraisers will continue to play an important role in what our industry will look like tomorrow.
“The use of independent adjusters should be supported as it has long been recognized as a benefit to both owners and their insurers to ensure that claims are handled fairly and commercially. If independent appraisers are to remain an option into the future, they must be provided with sufficient examples for a new generation of trainees to learn from.” and encouraged them to actively seek opportunities to mentor independent appraisers.
“Members are the heart of the association and play an important role in developing and sustaining this profession,” said Ms. Robinson. “Each of us has a professional duty to ensure that the skills, education and professional standards of our association are upheld.
Melis Otmar of BMS Group.
“When reinsurers proactively instruct adjusters on claims, adjusters bring transparency to the claims process. This is especially important in a market that holds very little risk, effectively a reinsurance broker.Without the involvement of independent adjusters, what local insurers do to claims versus what reinsurers do There is a very real risk that there will be a gap between what we are asking for.”
She spoke of having worked an average of 14 years in conditioning, a niche profession where the population of qualified fellows is relatively small and people have a staggering variety of skills. “I have been fortunate enough to be trained by senior average assessors with decades of experience and they have generously shared it with me. The sharing of insurance knowledge and skills is truly invaluable and makes London one of the strongest insurance communities globally.
“This career is built on diversity. There are a wide variety of people, opportunities and skills needed. Every different situation presents new problems and gray areas. Our expertise helps us navigate these gray areas.”
Jeremy Russell KC.
Arbitrator Jeremy Russell KC of 10 Fleet Street responded with a toast to the Association, affirming the valuable support provided by the average appraiser. That includes collecting collateral in salvage contracts, one of the lesser-known aspects of the service.
Melis Othmar, Associate of the Association, toasts guests and subscribers as the industry decides to approach artificial intelligence that can scan everything in a document and reach conclusions within seconds. said I need to.
“Where do I stand against an AI who could become a fellow of the Society in just four hours?” asked Ottmar rhetorically. Judging by the time it took for Google’s AlphaZero program to self-learn and “beat” chess, the rival computer reigning world champion. “What am I going to do against an AI that can memorize every marine insurance term, case and adjustment in minutes? What should I do?
“In the past, technology replaced menial tasks, and new technologies created new jobs. But now AI can perform white collar jobs more efficiently. The extent of the existential risk posed by maritime hazards is debatable.Nevertheless…maritime professionals survived on their innate knowledge and intuition.Without human emotional intelligence and intuition, maritime casualties would have been possible. You can’t deal with it very well, this is what AI lacks: common averages become common averages for AI, but that’s only on paper, not in practice. yeah.
“In the words of Churchill, ‘We are still the masters of our destinies. We are still the captains of our souls.'”
Heather Robinson, Richards Hogg Lindley Marine Coordination Director (Middle East)
Mr. Ottmar is Claims Director for H&D Marine at BMS Group. She qualified as a Lloyd’s Broker in 2005. She is Chair of the Maritime Claims Subcommittee of the London and International Brokers Association. Otmar thanked the average assessors. “Without them, I, and the damage brokers and underwriters, would not have been able to provide our customers with the necessary damage services,” she said. made particular mention of its contribution to the industry.
Responding to her greeting and proposing a toast to the association, Jörn Groeninger, president of the Deutsche Deutsche Temporary Agency of Verein, lamented that some in the shipping and insurance industries were “forgetful”. . [average adjusters] And it was important to train young people in business about their role.
A year earlier, the association resumed hosting its annual black tie dinner after a hiatus mandated by pandemic regulations. This dinner event has his 142-year history and has been held at the Savoy almost every year since 1967.
The association is now strong after decades of early decline, and one of its presidents warned years ago that the spread of radar could reduce collisions and other casualties to negligible levels. He rashly suggested that the association would go out of business because of the high prices.
As usual, the recent dinner was attended by a large number of international visitors, who, like their British colleagues, recalled the 18th-century Parisian Salon, built in 1910 and named after the Duchy of Lancaster. We enjoyed the splendor of the elegant ballroom that makes us feel at home.
In addition to Mr. Fisher and Sir Nigel Tiare, Mr. Russell and Mr. Groninger, Lord Hambren of Kersey, Honorary Fellow and Justice of the Supreme Court, was also at the top table. Andreas Bisbas, Chairman of the Insurance Committee of the International Chamber of Shipping. Mr. David Clancy, Convener of the Advisory and Conflicts Committee of the Association of Average Adjusters. Barbara Holland, President of the American Maritime Law Association. Nick Austin of the British Maritime Law Institute. Viveke Kofford of the Nordic Mean Adjusters Association. Joseph Grasso, President of the Association of Average Adjusters of the United States and Canada. Kiran Khosla of the International Chamber of Shipping. Richard Korna, Past President and Honorary Fellow of the Association of Average Adjusters. Mr. Stefano Cavallo, Chairman of the Avalier Maritime Clearing Association. Keith Jones, Fellow, Past Chairman of the Association of Average Adjusters. and Esteban Vivanco, President of the Mondial de Dispatcher Association.
Source: Mean Adjusters Association
