Integra forms new strategic alliance with leading adjusting firm in Korea

We are delighted to announce that Integra has entered into a strategic alliance partnership with International Adjusters & Surveyors Co. Ltd (IASCO) a Korean loss adjusting firm with headquarters in Seoul and offices throughout the country.

Together with Integra’s alliance partners in Thailand, Malaysia, Indonesia, the Philippines, Japan, Pakistan and India, this partnership with IASCO broadens Integra’s footprint within Asia.

Having formed in 1985, IASCO has been one of the leading loss adjusting firms in Korea for more than two decades and now has over 600 employees. IASCO’s values are closely aligned with Integra’s by providing and delivering the best outcomes for all interested parties – insureds, brokers and insurers.

The experienced adjusting teams from these two companies will be collaborating on losses emanating from the following lines of business: Construction, Engineering including machine breakdown, Power Generation including Renewable Energy, Mining and Natural Resources, International Property including Business Interruption, Marine & Transportation, Oil, Gas & Petrochemical, Heavy Industry & complex manufacturing risks and specialist liabilities.

Tony Chapman, Managing Director Asia, Integra says, “We are continuing to enhance our network in Asia, and this important alliance will further extend our proposition for both the local Korean and the wider reinsurance markets. We’re delighted to be working closely with Heegoo and his team at IASCO’

Heegoo Yang, Executive Director at IASCO, added: “We welcome this important partnership with Integra, which will allow IASCO to further expand our offering to our existing clients in Korea, while gaining greater access to international reinsurance markets. The combination of Integra and IASCO is a great fit for us and our clients, and we look forward to working closely together in the future.’