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Loss adjusters elect new president

Published:Tuesday | April 13, 2010 | 12:00 AM

The Loss Adjusters Association of Jamaica (LAAJ) concluded elections of their executive officers for year 2010-2011 on the weekend, with David McKay, managing director of MSC McKay, being elected president.

McKay was supported in his bid for leadership of the organisation by David Mendes, Mike Webster and David Young, Motor, Investigative, and Property vice- presidents, respectively.

The new president acknowledged the valuable contribution made by immediate past president Winston Cornelius and his committee members.

Greater efficiency

In his acceptance speech, McKay stressed the need to lift the profile of the association and educate the general public about matters relating to insurance loss adjusting and investigations in Jamaica.

Emphasis, he explained, would also be focused on bringing about greater efficiency and improved customer service.

The association functions as the governing body through which organisations in the loss adjusting and insurance investigation business collectively set policies and standards for the industry. It also mediates issues between insurance companies, members of the public and itself.

Another important function of the LAAJ is the assistance provided to the Financial Services Commission in relation to regulations governing loss adjusters and insurance investigators in Jamaica, and provides guidance on academic material for the training programmes being conducted through HEART and the College of Insurance and Profes-sional Studies.