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Insight expands into the Philippines
Monday, 26 September 2005
Insight Press Release

Insight Adjusters will acquire a 40% stake in BA Adjusters Inc, one of the largest international firms of loss adjusters in the Philippines as part of plans to expand its Asian network which presently includes offices in China, Indonesia, Malaysia and Singapore.

Financial details of the transaction were not disclosed as the deal is still subject to Philippines regulatory approval but Mr Nehemiah Neo Lian Sun, Managing Director of the Insight Group said, "We are delighted with this acquisition as it is in line with our objective of creating a truly pan-Asian loss adjuster with equal strengths in the marine and non-marine lines based on our criteria of professionalism, independence and intergrity. The acquisition will help our group serve our global clients better."

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