Loss Adjustment Association Signs MOU with Samsung Life Service Labor Union and Others

Loss Adjusters in Insurance Claims Assessment
Strengthening Expertise and Enhancing Rights

The Korea Loss Adjustment Association announced on the 24th that it has signed a Memorandum of Understanding (MOU) for the "Development and Work Exchange Cooperation of the Loss Adjustment Industry" with the labor unions of Samsung Life Service, Samsung Fire & Marine Insurance Service Loss Adjustment, and Samsung Fire & Marine Insurance Anica Loss Adjustment at the Loss Adjustment Association Hall in Songpa-gu, Seoul, on the 22nd.

On the 22nd, attendees of the "Memorandum of Understanding for the Advancement and Business Exchange Cooperation of the Loss Adjusting Industry" held at the Loss Adjusters Association Hall in Songpa-gu, Seoul, are taking a commemorative photo. From the far left: Jaehyung Park, Chairman of the Samsung Life Service Labor Union; Jihoon Park, Chairman of the Samsung Fire Service Loss Adjusters Labor Union; Wonseok Choi, Chairman of the Samsung Fire Anica Loss Adjusters Labor Union; and Byungjin Min, President of the Loss Adjusters Association. Loss Adjusters Association

The signing ceremony was attended by Byungjin Min, President of the Loss Adjustment Association; Jaehyung Park, Chairman of the Samsung Life Service Labor Union; Jihoon Park, Chairman of the Samsung Fire & Marine Insurance Service Loss Adjustment Labor Union; and Wonseok Choi, Chairman of the Samsung Fire & Marine Insurance Anica Loss Adjustment Labor Union.

The agreement was established to create a cooperative framework that will protect the rights and interests of loss adjusters, strengthen their expertise, and foster a fair and objective culture within the loss adjustment industry.

Based on the agreement, the organizations will closely cooperate in several areas, including providing guidance and supporting the enhancement of rights and interests for labor union-affiliated loss adjusters to join the association, sharing information and data related to loss adjustment, jointly hosting education sessions, training, seminars, and forums, as well as strengthening professional qualifications and promoting joint cooperative projects.

In addition, to increase the effectiveness of the agreement, a Loss Adjustment Task Force (TF) will be operated. This working group will share various on-site opinions, identify tasks for institutional improvement, and continuously discuss measures for establishing a fair and objective culture in the loss adjustment field and promoting mutual growth within the industry.

President Min commented, "This MOU is meaningful as it not only ensures the protection of rights and improvement of expertise for loss adjusters, but also lays a foundation for mutual growth throughout the industry," adding, "We will actively reflect on-site feedback through the working group and continue to collaborate in establishing a fair and objective loss adjustment culture."

This content was produced with the assistance of AI translation services.