These Regulations are named as "The Surveyors and Loss Adjuster’s Regulations" and they shall be referred to hereinafter as "the Regulations".
The following words and expressions, wherever used in these Regulations, shall have the meanings ascribed thereto below, unless the context otherwise requires:
UAE
The United Arab Emirates
Law
The Federal Law No. 6 of 2007 concerning the Establishment of the Insurance Authority and the Regulation of Insurance Business;
Competent Authority
A competent governmental authority in an Emirate;
IA
The Insurance Authority established under the provisions of Federal Law No. 6 of 2007 concerning the Establishment of the Insurance Authority and the Regulation of Insurance Business;
Board
The Board of Directors of the Insurance Authority;
Chairman
The Chairman of the Board of Directors of the Insurance Authority;
Director General
The Director General of the Insurance Authority;
Company
An insurance company incorporated and licensed to practice insurance activities in the UAE, or a foreign insurance company licensed to practice insurance activities in the UAE, whether through a branch or an insurance agent.
Surveyor and Adjuster
A natural or juridical person specialized in surveying and loss adjustment of damage incurred by the insured interest, who prepares a report on the settlement thereof.
Register
A register designed for the registration of Surveyors and loss Adjusters with the IA.