Adjustor: meaning, definitions and examples
๐
adjustor
[ ษหdสสstษr ]
finance role
An adjustor is a professional who assesses claims, often in the insurance industry. Their primary responsibility is to evaluate the validity of a claim and determine the amount of compensation that should be paid. Adjustors work closely with claimants, insurance companies, and sometimes legal representatives to gather information and resolve claims efficiently. This role requires analytical skills, attention to detail, and a sound understanding of policy terms and conditions.
Synonyms
claims adjuster, insurance adjuster, loss adjuster.
Examples of usage
- The adjustor reviewed the damage report before authorizing the payout.
- As an adjustor, she was responsible for inspecting the site of the car accident.
- The adjustor contacted the policyholder to discuss the claim process.
Translations
Translations of the word "adjustor" in other languages:
๐ต๐น ajustador
๐ฎ๐ณ เคธเคฎเคพเคฏเฅเคเค
๐ฉ๐ช Anpasser
๐ฎ๐ฉ penyesuaian
๐บ๐ฆ ัะตะณัะปััะพั
๐ต๐ฑ dostosowacz
๐ฏ๐ต ่ชฟๆด่
๐ซ๐ท ajusteur
๐ช๐ธ ajustador
๐น๐ท ayarlayฤฑcฤฑ
๐ฐ๐ท ์กฐ์ ์
๐ธ๐ฆ ู ุนุฏู
๐จ๐ฟ nastavovaฤ
๐ธ๐ฐ nastavovaฤ
๐จ๐ณ ่ฐ่่
๐ธ๐ฎ prilagoditelj
๐ฎ๐ธ aรฐlรถgunarmaรฐur
๐ฐ๐ฟ ัะตััะตััั
๐ฌ๐ช แ แแแฃแแแขแแ แ
๐ฆ๐ฟ tษnzimlษyici
๐ฒ๐ฝ ajustador
Etymology
The term 'adjustor' originates from the verb 'adjust', which comes from the Latin 'aequus' meaning 'equal, level'. The prefix 'ad-' means 'to' or 'toward', so 'adjust' essentially means 'to bring to a level'. The word 'adjustor' thus reflects the role of someone who 'levels out' discrepancies, particularly in financial claims or legal matters. As the insurance industry evolved in the late 19th and early 20th centuries, the need for adjustors became more prevalent. They serve an essential function in providing transparency and fairness in transactions, mediating between the interests of customers and the insurance companies.