Charles Taylor Adjusting (CTA), a division of insurance-related services provider Charles Taylor, has named Wee Loon Yong as Chief Executive Officer (CEO) Asia, Property & Casualty, based in Singapore.
The firm states that the appointment of Yong underlines the significant growth opportunities in Asia and the company’s commitment to serve its growing network of customers in Asia.
Yong is well-respected across the loss adjustment space with more than 35 years of experience in the insurance industry. In his new role, Yong will report directly to Damian Ely, CEO of CTA.
Prior to joining CTA, Yong served as Regional Vice President of a major global insurance group. He is an Associate of the Chartered Insurance Institute (CII), a Fellow of the Singapore Insurance Institute, and a Fellow of the Chartered Institute of Loss Adjusters.
He will take responsibility for driving the company’s expansion plans for Asia in the P&C claims business, to continue fully servicing clients in this area of the business, where CTA sees growing demand for global loss adjusting expertise.
CTA states that the expansion will be focused on the strategic re/insurance P&C markets where it will look to broaden its business across Asia.
Ely commented: “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.”
