It announced the acquisition of FGR Group last week
Charles Taylor Adjusting (CTA) has made several senior appointments in its natural resources’ loss adjusting business.
These signify the next phase in the firms continued growth.
John E. Donald, managing director has been appointed as chairman, while Chris Brown and Mike McMahon have been hired as managing directors for the UK, Europe and Singapore.
Its chief executive officer, Damian Ely, said: “These senior appointments mark the next stage in our continued growth and development plans. I am delighted that John, Chris and Mike will be taking our natural resources team forward. I am confident that they will further grow the business, expand our existing portfolio and develop new natural resources adjusting business lines.
“Following a long period of difficult market conditions, we are now seeing signs of a positive upturn in the natural resources market. Oil prices are rising, and we are seeing an increase in construction, which is likely to lead to increased claims activity.”
Joining CTA originally in 2008, Donald has a track record in adjusting complex onshore and offshore energy and business interruption claims, deep market knowledge and longstanding relationships with underwriters.
As Chairman of Natural Resources UK, Europe and Singapore, Donald will be responsible for business development, market relations and coordination between CTA’s natural resources’ loss adjusting hubs in Calgary, Houston, Singapore and London.
While McMahon and Brown will be responsible for the business management, growth, development and technical leadership of the natural resources team in the UK, Europe and Singapore.
Brown has been with CTA for a decade, recently as deputy managing director in natural resources.
He has worked on large and complex energy claims, involving onshore and offshore facilities, across the oil and gas and renewables sectors.
McMahon joined CTA in 2011 as deputy managing director, natural resources with Brown in 2016.
He has built a body of work on claims involving construction and operation of offshore pipelines, platforms and associated equipment. He has also handled multiple well control losses.
Last week CTA announced the acquisition of FGR Group, a Chille based loss adjusting and claims program management services company.
Charles Taylor Adjusting caters to specialist international loss adjusters in the natural resources sectors including aviation, energy, marine, property and casualty.
It is part of the Charles Taylor, an international provider of professional services in insurance.
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