McLarens, a global loss adjuster specialising in complex, commercial and niche markets has expanded its Asia Pacific footprint by opening a new office in Kuala Lumpur, Malaysia.
In line with its strategy of operating in key regional markets across the globe, the move will establish a platform for growth in one of Asia’s largest loss adjusting markets.
McLarens already operates in 12 other countries across the Asia Pacific region and recently announced the appointments of three aviation adjusters, James Pryor and Graham Raggett have joined the team in Singapore and Jerry Qin has become the aviation loss adjuster’s first full time presence in Shanghai.
Spearheading the new Malaysian operation will be general manager, Veknesh Subramaniam.
Subramaniam has 19 years of experience in the loss adjusting field and is a well-known adjuster in the Malaysian insurance market. 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. He has experience in handling multi-million dollar losses involving fire, explosion, liability, engineering, plant & machinery, equipment, fidelity guarantee as well as various other types of claims for both commercial and industrial losses.
Commenting on the new operation, Chris Panes, COO Europe, Middle East and Asia Pacific, said: “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. Veknesh is ideally placed for this role – he’s recognised for his leadership in Malaysia and we’re delighted to have him leading our Malaysian operations.”