A policyholder will employ a loss assessor primarily to

A policyholder hires a loss assessor primarily to prepare and present an insurance claim. This role involves evaluating the extent of the loss or damage that has occurred, compiling the necessary evidence, and ensuring that the claim is articulated effectively to the insurance company. The expertise of a loss assessor is particularly beneficial because they understand the intricacies of insurance policies and the claims process, which can greatly increase the likelihood of a favorable outcome for the policyholder.

In contrast to this, advising on reducing risk would fall under the remit of a risk manager or insurance advisor rather than a loss assessor. Assessing the level of premium typically involves underwriting professionals, while reviewing insurance cover is more aligned with the responsibilities of an insurance broker or advisor.