Keith Martin
Association of Average Adjusters expands its renowned exam system with new module on upstream and offshore energy claims
The Association of Average Adjusters announces the launch of a new exam module, Upstream and Offshore Energy Claims (A3). This A3 paper can be taken as an alternative to Paper A2 (Hull and Cargo Claims) in order to achieve the AAA’s Associateship qualification.
Keith Martin, chairman of the Association of Average Adjusters, said:
“The introduction of this new module represents the AAA’s positive response to the current lack of a sector-specific professional examination for adjusters of upstream and offshore energy claims. The idea was born late last year when I received an approach from senior energy loss adjuster Nigel Carpenter to consider the possibility of developing an alternative path that would lead to Associateship status.
“Since then the AAA’s newly formed offshore faculty has been busy devising questions and answers for use in the A3 module. I can summarise the A3 paper as being different from A2 only in its subject matter. Everything else about it is identical, specifically:
- The Associateship qualification will still require that all candidates must pass Module A1 (Marine Insurance Act and related matters) plus one other Associate-level paper.
- For that second paper, candidates will soon have the choice of sitting either A2 (Hull Claims) as before, or the new A3 paper (Upstream and Offshore Energy Claims)
- All three papers will be of 2.5 hours’ duration, as before.
“I should like to thank and congratulate the Fellows of the Association of Average Adjusters for extending its reach into the energy sector in this way and I am delighted that offshore energy adjusters will now have a relevant entry-level qualification through which to advance their knowledge and careers.”In another new development, the AAA has inaugurated an award for the outstanding Associate of the year. The 2016 winner is Joseph Tang of Asia Maritime Adjusting Pte Ltd, Singapore. Mr Tang attained two distinctions at one sitting in the Associate exams. The prize sponsors the successful Associate to attend the International Marine Claims Conference in Dublin, which for 2016 was from September 28 to 30. The 2016 conference was the 13th in the series, and is a key function for claims practitioners throughout the world.The introduction of an upstream and offshore energy claims paper is the latest enhancement to the AAA exam system, which enjoys considerable prestige throughout global insurance markets. In May 2016, the Association approved another important exam development, namely stipulating achievements which would earn a new title, that of Senior Associate, and congratulated the first 13 men and women to attain the appellation. The move was in response to interest by Associates working in offices other than those of average adjusters to pursue courses to a point short of becoming fully qualified Fellows.
