McLarens expands in Asia with new Malaysian operation
McLarens, a global loss adjuster specialising in complex, commercial and niche markets, has expanded its Asia Pacific footprint with the opening of a new office in Kuala Lumpur, Malaysia.
The move is in line with the company's strategy of operating in key regional markets across the globe. McLarens currently operates in 12 other countries across the Asia Pacific region and recently announced the recruitment of a number of aviation adjusters in Singapore and Shanghai.
The new Malaysian operation will be headed by general manager Veknesh Subramaniam.
Subramaniam has 19 years of experience in the loss adjusting field. Prior to joining McLarens in 2017, he worked with a number of local adjusting firms in Malaysia, managing large portfolios for local and global insurers, brokers and corporate clients. According to McLarens, he has experience in handling claims involving fire, explosion, liability, engineering, plant & machinery, equipment, fidelity guarantee as well as various other types of claims for both commercial and industrial losses.
Chris Panes, chief operating officer Europe, Middle East and Asia Pacific, commented: “McLarens has been active in Malaysia for some time, however as one of the largest insurance markets in the region, and with increasing demand from clients, it’s become increasingly clear that we require a full-time presence in the country.”
Make sure you are GDPR compliant and confirm your email address to keep getting our daily emails
More of today's news
Loss-free Florida property flat at June/July renewals
XL Catlin leads $16.5m funding in maritime risk startup Windward
Ageas gets approval for reinsurance activities in Belgium
Flood Re to reduce 2019 premium
DARAG poaches new group CEO from R&Q in expansion move
Neon launches Nordic-focused marine business in Copenhagen
Brit swoops for Navigators to grow US casualty unit
Prudential plans $700m Malaysia IPO
Digit Insurance acquires ITI Reinsurance
More articles
Intelligent Insurer
Newton Media Ltd
Kingfisher House
21-23 Elmfield Road
BR1 1LT
United Kingdom