| Founded over 75 years ago, the Loss Executives Association provides a forum for discussion, study and consideration of common loss adjustment problems to explore options and alternatives. It is the LEA’s belief that a better understanding of such problems is the ultimate goal of the educational process.
The LEA presents this education in a number of ways that are useful to you: - semi-annual conferences in Winter and Spring/ Summer
- sponsorship of the National Forum and scholarship programs
Influencing Industry Practices
One of the most important roles the leaders in the LEA play is influencing industry practices. Many years ago, they helped develop the "The Guiding Principles" for Property Professionals. They also developed the drafting and standardization of the "Proof of Loss" form. These are probably tools you use regularly. Currently under consideration are industry guidelines for managing allocated loss adjustment expenses. |
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"In this industry, it is exceedingly important to have key resources you can contact with questions as you are working on various claims issues. That's exactly what LEA provides- incredible resources. The value here is in getting to know both the regular and associate members.... The educational programs are great and provide key insights on cutting edge issues. For employers, LEA is one of the best ways to develop their people. The relationships, the education and the access to unmatched expertise is very rare; that's the value of LEA." Gary Kerney, Assistant V.P., PCS, Property Claim Services |
