United Kingdom
UK
Search
Close this search box.

Gallagher Bassett Expands Global Presence in Asia-Pacific

Welcoming Ming Wong – Senior Vice President, Asia – to Gallagher Bassett’s expanded Asia-Pacific team. With the region home to nearly one-third of the world’s population, several of the fastest-growing economies and multiple countries with rapidly expanding populations, it continues to present varying challenges for carriers, and all involved the insurance supply chain. 

Home to nearly one-third of the world’s population, several of the fastest growing economies and multiple countries with rapidly expanding populations, the Asia-Pacific region continues to present varying challenges for insurance carriers, managing general agents, captives, commercial organisations, and government entities across the region. 

Based in Singapore, Mr Wong will lead Gallagher Bassett’s expansion of risk and claims solutions across the region and the deployment of tailored client solutions to its existing global, regional and Asia-Pacific clientele.  

“We are witnessing a rapidly changing world, from market hardening, rising cost of risk, distribution and underwriting, and shifts to employment and operational delivery in commercial sectors – all while the insurable world continues to grow,” says Mr Wong.  

“Our expanded presence across Asia will allow us to better support our client’s needs locally, drawing on our global expertise and multi-disciplinary team.”  

The Asia-Pacific insurance industry is experiencing upward growth, largely driven by China and buoyed by positive performance in South Korea. Mr Wong says the greatest opportunity for Gallagher Bassett will be rising to the region’s shifting expectations and demographics. 

Gallagher Bassett Executive Vice President – International, Jon Winsbury says the expansion is an exciting step in the company’s growing presence in the Asia-Pacific region.  

“We’re thrilled to announce the appointment of Ming Wong as Senior Vice President – Asia to enhance our on-the-ground service offering and build on our exceptional reputation in the Asia-Pacific region,” says Mr Winsbury.

“With the insurance industry in the Asia-Pacific riding a strong growth spurt, Gallagher Bassett is well-equipped to maximise claims outcomes for new and existing clients.”   

Last month, Gallagher Bassett was awarded Corporate Social Responsibility Program of the Year and Marketing Innovation of the Year at the Asia Insurance Awards.  

Mr Wong comes to Gallagher Bassett with over 25 years’ experience in the financial services industry, including senior roles at Prudential Assurance Corporation, Aviva Asia and IC Frith & Associates.  

 

To connect with Mr Wong, reach out to him via LinkedIn or submit your enquiry here. 

 

Jon Winsbury

EVP – International

More Posts

Insights

Setting the Standard in Loss Adjusting

The past few weeks have seen adverse weather hit the UK, and floods pose unique challenges, demanding insurers tailor response plans specifically for these scenarios. As the UK contends with extreme weather conditions, we bring you five tips to preparing a robust storm surge support plan.

Read more
Insights

The Role of Collaboration in Compliance

Collaboration is the word of the moment when it comes to managing compliance related concerns, from cybersecurity and data breaches to consumer protection laws and regulatory reporting. As Beth Povey explains in this new article, the data reveals more than 40% of UK insurers are planning to leverage external expertise to ensure they remain compliant.

Read more

Keep your finger on the pulse of the latest industry news and insights.

Sign up to our monthly newsletter today.

Download Our Global Insurance Industry Whitepaper

Hi there!

Want to drop us a line?  You can get in touch by filling out the form below and we’ll get back to you as soon as possible!