The institute has a Constitution and controls the professional standards and conduct of its members by means of a code of conduct and a Disciplinary Procedure.

The Institute operates under the control of the President, Vice President, Secretary and Executive Committee drawn from its members.



Code of Conduct

1. In view of the high degree of responsibility of the assessors work, only the highest standards of professional skill and etiquette are regarded good enough for the profession.

2. The relationship between the assessor and his Principal(s) is one of trust and confidence calling for the highest degree of good faith in all transactions.

3. He must, at all times, preserve independence and integrity and shall so act as to promote public confidence in the profession through conscientious and fair dealing.

4. An assessor shall not attempt to gain any advantage in the conduct of his profession otherwise than through his ability.


Objectives

1. To maintain and enhance the prestige and status of the profession

2. To uphold the integrity and reserve the independence of Loss Assessors

3. To uphold the standard and to provide for the effective control of the professional conduct of Loss Assessors.

4. To promote skill, efficiency, service and responsibility of the profession

5. To establish and maintain high standards of education and knowledge

6. To regulate the exercise of the profession

7. To represent generally the view of the profession and to promote the common interest of the members of the profession.

8. To co-operate, liaise with or make representations to such other authorities, societies, corporate bodies or persons as in may deem fit.