Albatross Adjusters Limited
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Albatross Adjusters Limited are a firm of highly qualified professional Average Adjusters and Marine Claims Consultants, based in Limassol/ Cyprus. Albatross serves a worldwide client base, amongst which are world leaders in global container shipping, and handles marine casualty claims from around the world.
Average Adjusters are experts in the law and practice of general average and marine insurance. They prepare claims under marine insurance policies which generally involve loss or damage to marine craft, their cargoes or freight. They may also be called upon to prepare statements of claim against third parties and to deal with the division of recoveries from third parties.
General Average is a particular area of expertise and is unique to the marine world. The principle behind general average is that when the property (ship, cargo, bunkers, freight etc.) involved in a maritime adventure is in peril, any extraordinary sacrifice or expenditure that is voluntarily and reasonably made or incurred in order to save that property is defined as a general average loss. All parties involved in the marine adventure will then pay a rateable contribution towards that general average loss.
Read more about them at their website here: http://www.alba.com.cy/