Charles Taylor appoints CEO for Asia property & casualty

Charles Taylor Adjusting (CTA) an international loss adjusting business focused on commercial claims, has appointed Wee Loon Yong as chief executive officer Asia, Property & Casualty.

Yong has over 35 years of insurance industry experience, with a background in managing large and complex claims particularly on property and natural resources lines of business spanning across 14 Asia Pacific countries. Prior to joining CTA, he was regional vice president – property/energy claims for AIG APAC Holdings.

In his new role, he will be based in Singapore and report directly to Damian Ely, CEO of CTA. He will be responsible for driving CTA’s expansion plans for Asia in the property & casualty claims business, to continue fully servicing clients in this business area, where they see a growing demand for international loss adjusting expertise to handle complex losses.

The expansion will be focused on the strategic insurance and reinsurance property & casualty markets where CTA will be broadening its business across Asia.

Damian Ely said: “We are delighted to have Wee Loon join us and are confident that under his leadership we will quickly establish ourselves in Asia as a market leader in property & casualty business. Our ambition is to grow this business rapidly and to position Charles Taylor as one of the most innovative claims solutions providers in the region.”

Yong is an associate of the Chartered Insurance Institute, fellow of the Singapore Insurance Institute, fellow of the Chartered Institute of Loss Adjusters and a former president of The Singapore Insurance Institute, serving three terms from 2011.