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Last Post 11/15/2013 5:33 PM by  ChuckDeaton
Philippines Deployment
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Pforecast
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Posts:6


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11/12/2013 6:07 PM
    Has any one heard of US based firms deploying adjusters to help out in the Philippines?  If so, which ones and where can I apply?
    CatAdjusterX
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    Veteran Member
    Posts:964


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    11/13/2013 4:33 AM
    Posted By Pforecast on 11/12/2013 6:07 PM
    Has any one heard of US based firms deploying adjusters to help out in the Philippines?  If so, which ones and where can I apply?

    ..................................


    While Super Typhoon Haiyan struck the Philippines hard and may leave up to 10,000 dead, the storm wasn’t a “significant” event in insurance terms. Look at the devastation—the splintered wood, piles of flip flops, corrugated metal, etc.....and you see why. 

    The financial toll to insurers is likely to be small. Even if the storm costs $14 billion, only $2 billion is likely to be covered by insurance.

    Besides that, even with significant carrier losses that would necessitate a large scale deployment, I don't think it would be a wise decision to deploy to the Philippines for ANY American.

    The Philippines are home to numerous terrorist factions not the least of which are FARC and Al Qaeda. It is not much of a stretch to see these animals exploiting this storm

    "A good leader leads..... ..... but a great leader is followed !!" CatAdjusterX@gmail.com
    Jud G.
    Advanced Member
    Advanced Member
    Posts:509


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    11/14/2013 11:42 AM
    Robby is correct regarding the scope of residential and small commercial losses from this event. However, the types of losses that will expose insurers will be to manufacturing facilities, large buildings, business interruption, and contingent business interruption losses. These will be handled by the heavy hitters or those who operate internationally; McLarens, Crawford Technical, EngleMartin, CunninghamLindsey, etc.
    ChuckDeaton
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    Posts:1110


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    11/15/2013 5:33 PM
    "Know before you go"

    Over seas storms always bring Hurricane Iniki to mind. Friends traveled to Hawaii and I bought plane tickets to get them home.
    "Prattling on and on about being an ass with experience doesn't make someone experienced. It just makes you an ass." Rod Buvens, Pilot grunt
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