Charles Taylor picks Malaysia to enter new South East Asian markets

Insurance services firm Charles Taylor has expanded its adjusting business in Malaysia with a new property & casualty team led by SG Bala Subramaniam, based in Kuala Lumpur.

Subramaniam has more than 24 years of experience in the adjusting industry and in managing a wide variety of commercial losses, including property, financial lines, catastrophe, and fraud related claims in Malaysia and across the Asia Pacific region. He has managed significant claims involving with estimates of up to $150 million and has also supervised major floods losses in Thailand. Prior to joining Charles Taylor Adjusting (CTA), Subramaniam was deputy CEO at an international loss adjusting firm.

Reporting directly to Wee Loon Yong, CEO property & casualty, Asia, Subramaniam will oversee business development, grow the current team of adjusters in Malaysia and service clients of existing projects in the region. He will establish a headquarters in Kuala Lumpur along with branch networks across the country to give full coverage of the Malaysia insurance market.

Yong said: “I’m pleased to welcome Bala and the new team onboard. With their proven track record, they will be a great asset to our clients as we continue expanding our P&C offering across Asia. Bala brings with him a string of achievements from his career and I believe with Charles Taylor’s support, our clients will be able to tap into his accumulated years of on-the-ground experience to manage complex losses.”

Subramaniam, managing director, property & casualty, CTA Malaysia, said: “Malaysia has a lot of growth opportunity and will also be a springboard for us to enter other new South East Asian markets. I am excited to join a team that has strong ambitions to serve clients in the region through innovation and identifying improvements to the claims process.”