China has welcomed the GAB Robins Group of Companies, a provider of independent loss adjusting and investigative services, to Beijing. GAB Robins is the first foreign independent loss-adjusting firm established with total support from the Chinese government.
According to GAB Robins Group president and CEO, Joseph Zubretsky, independent loss adjusting is basically a new concept in China and the company is determined to help CIRC, along with its constituents, the domestic and foreign carriers, understand how independent loss adjusting can decrease operating costs and protect insureds.
Zubretsky presided over the opening events and took off on a three-day fact-finding trip to look at the opportunities in the Chinese insurance market related to foreign loss adjusting forms. According to Zubretsky, China’s growing insurance market has an annual growth rate of 40 percent.
GAB Robins Group of Companies has a major presence in Asia with offices in Hong Kong, Taiwan, Malaysia, Thailand, Brunei and Singapore, the company’s present headquarters in the region.
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