New Jersey-based GAB Robins Group of Companies, one of the world’s leading claims services firms, announced that the China Insurance Regulatory Commission (CIRC) has awarded the company a license to operate in China.
GAB Robins becomes the first global loss adjusting firm to provide services to the Chinese insurance industry. “The license, which is effectively immediately, enables GAB Robins to provide a full range of loss adjusting services and coincides with the official opening of GAB Robins China Co. Limited,” said the bulletin. “GAB Robins China Co. Limited is headquartered in Shanghai and includes service centers in such major cities as Nanjing, Guangzhou, Shenzhen, Xiamen and Beijing.”
“We are honored to receive the first license to operate in China and absolutely committed to the long-term success of GAB Robins China Co. Limited,” stated Group Chairman Jun Tsusaka. “The Chinese insurance market offers unparalleled growth opportunities and we are delighted to contribute to its continued development.”
Lily Li, who served has served as Chief Representative of GAB Robins’ Representative Office in Beijing since 2000, becomes chairman of GAB Robins China Co. Limited.
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
