21 July 2015 Insurance

Charles Taylor Adjusting appoints CEO

The chief executive officer (CEO) of loss adjuster Charles Taylor Adjusting (CTA), Arthur Clarke, has unveiled plans to retire at the end of the year.

Damian Ely, who currently serves as executive director of Charles Taylor and the group chief operating officer, will succeed Clarke.

Ely originally joined Charles Taylor’s Management Services Americas business and then spent ten years based in the US, latterly as chief operating officer of the Americas.

David Marock, group chief executive officer of Charles Taylor, said: “I would like to take this opportunity to thank Arthur for his huge contribution to CTA.

“During his tenure, CTA has grown from a business with turnover of just £18 million to today’s global adjusting power house with revenue of £56 million. He has driven the significant expansion of our Adjusting operations which has seen offices opened in every continent and the loss adjusting headcount more than double.

“I am very pleased that Damian will be taking over from Arthur as CEO. CTA represents about half of Charles Taylor in revenues terms, more than that in numbers of people and is absolutely central to the long-term success and growth of the group.

“Damian knows the CTA business and senior management team in London and our international offices extremely well.  He will offer continuity of leadership as we drive forward our growth strategy with a focus on expanding our top adjuster teams and extending our office network where there is a demand for our services from international re/insurance markets.

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