Charles Taylor expands in Malaysia with new Property & Casualty team, led by industry veteran Bala Subramaniam
09 November 2020
Charles Taylor, the leading provider of services and technology solutions to the global insurance market, has today announced the expansion of its Adjusting business in Malaysia with a new Property & Casualty team, led by SG Bala Subramaniam, based in Kuala Lumpur.
Bala has more than 24 years of experience in the adjusting industry and joins with an extensive track record in managing a wide variety of commercial losses. These include property, financial lines, catastrophe, and fraud related claims in Malaysia and across the Asia Pacific region. During his career, Bala has successfully managed significant claims involving with estimates of up to USD150million and has also supervised major floods losses in Thailand.
Prior to joining Charles Taylor Adjusting (CTA), Bala was Deputy CEO at an international loss adjusting firm. Reporting directly to Wee Loon Yong, CEO Property & Casualty, Asia, Bala will oversee business development, grow the current team of adjusters in Malaysia and service clients of existing projects in the region. He is establishing a headquarters in Kuala Lumpur along with branch networks across the country to give full coverage of the Malaysia insurance market.
SG Bala 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.”
Wee Loon Yong, CEO, Property & Casualty, Asia 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.”