General Average
Service Description:
1. Incident Management
Incident Investigation
● Ascertain facts and circumstances of the incident, instructing and supervising competent surveyors as needed
● Assist Master in liaising with local Authorities
● Take statements from crew and other relevant witnesses
● Collect relevant documentation
Declaration
● Advise on procedure to declare GA validly in Iraq
● Assist Master in procedures
Management
● Assist in collecting Average Bonds
● Assist in collecting data relevant to the GA adjustment Vessel
Arrest or threat thereof
● Recommend steps to avoid an arrest
● Ascertain circumstances of the arrest or threat thereof
● Negotiate nature and amount of security
● Issue LOUs on P&I underwriters' behalf and authority
● Assist in setting up other types of security
● Assist in satisfying other demands from claimants (documentation, statements, inspections, etc.)
● Instruct, monitor and assist competent lawyers as needed
2. Claims Management:
Out of Court
● Act as Focal Point for claims submission
● Claim inventorying, indexing and reporting
● Claim analysis
● Propose strategy to handle claim
● Reject claims or negotiate settlement
● Arrange settlement & obtain relevant releases
In Court
● Ascertain circumstances of the legal action
● Attempt to stay proceedings and continue handling amicably
● Instruct and monitor competent lawyers as necessary
● Assist appointed lawyers with facts and technical advice
● Monitoring legal proceedings
● Assist with settlement payments