Loss adjusting pioneer Nehemiah Neo will resign as Sedgwick’s chairman for Asia and Singapore at the end of this month, according to a statement released by Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions.
A pioneer in Singapore’s adjusting profession and co-founder of Insight Adjusters, he is renowned across Asia for providing a high level of professional services and for being the first Asian to qualify as a Chartered Loss Adjuster in the early 1980s. He led the Insight group to become the leading loss adjuster in Singapore, culminating in the business receiving the prestigious accolade as one of the most valuable Singaporean companies in the sector.
Mr Neo has taken the decision to leave the company to pursue his personal interests after serving the loss adjusting industry for more than 40 years, adds the Sedgwick statement.
Insight was acquired by Sedgwick in 2019 and the combined businesses have been operating as Sedgwick Singapore since November 2019, becoming the largest loss adjusting firm in Singapore.
“Nehemiah is an exceptional business leader in the market and one of the most admired. His vision, drive and commitment to serve the best interests of the company have strengthened Sedgwick and I’d like to thank him personally, and on behalf of the company, for his contribution to the business. We understand and support his decision to step down and we wish him every success for the future”, said Mr Ian V Muress, Sedgwick’s CEO of international operations.
Expansion in Asia
Last December, Sedgwick announced the opening of its new office in Singapore in the Prudential Tower, in the city’s financial and business centre. The company said that this is a strong testament of Sedgwick’s commitment to expanding the company’s presence in the region and establishing ‘Asia’s centre of excellence’.
Mr James Ong, CEO of Sedgwick Asia, said: then, “Our plan is to take full advantage of the company’s unique strength, reputation and global resources, using innovation, integration and outstanding customer service to drive long-term relationships with clients and sustainable growth.”