INSIGHT MOVE IN INDONESIA

Singapore, Monday 4 June 2007 : Insight, the leading pan Asian loss adjusters, today announced it has made a further major step into the Indonesian market with the signing of a technical collaboration agreement with a local adjuster.

Insight, who is based in Singapore and is also the Lloyd’s Agent there, has signed an agreement to provide technical advice to PT Prima Adjusterindo Mandiri (”Prima “) of Jakarta.

The deal entails Insight and Prima working closely on a range of projects, principally in the Indonesian market but also for the international market.

Prima has agreed that Insight shall vet all client reports before issue so that together both parties can assure clients of the highest quality standards.

For Insight, the agreement heralds a new era for the company in Indonesia and carries on from a previous arrangement with another partner in Indonesia who is to retire shortly.

Prima is one of Indonesia’s newest and fastest-growing loss adjusters. The company was launched nearly four years ago and has a wide array of expertise, ranging from property and casualty to construction, engineering, liability and marine cargo classes.

During the recent super flooding in Jakarta, Prima received some 500 new property losses as a result.

Prima’s president director, Mr Rezy Rizal said today :

“We are delighted to partner Insight who has a good reputation in the Singapore regional hub and its Pak Neo is well known in the London market. We can tap on Insight ‘s expertise in handling major complex losses including the largest Dec‘04 tsunami claim of P.T.Semen Andalas / Lafarge and the largest construction claim in Singapore involving the MRT Nicoll Highway collapse.

Our clients are increasingly doing business overseas and we can now indeed help them to service their customers anywhere in the world through Insight’s offices in many parts of Asia and the Middle East and also Insight’s major appointment as the Asia Regional Office for vrs Universe which has over 300 offices in 70 countries”.

Insight’s group managing director, Mr Nehemiah Neo said today :

“We are very pleased to be teaming up with Prima in Indonesia in this wide ranging technical co-operation agreement. They are a young, technically-driven company and the 3 founders have a total of 30 years of working experience with the leading international loss adjusters.

I believe they represent the future of the market in Indonesia and we are delighted to be working alongside them. We can identify very much with them as we ourselves went through a similar phase of growth not so long ago and we aim to help them in accelerating their next stage of growth.

Prima shares our vision of integrity and professionalism for the loss adjusting sector in the Asia region which is why we have chosen to work with them in providing top quality service to the international insurance and reinsurance market.”

June 2007

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GENERAL OVERVIEW

Was established in 2004, PT. Prima Adjusterindo Mandiri or known as Prima Adjusters is a completely independent loss adjusting firm which was created to fill the Indonesian market demand for highly qualified loss adjusting services across various product lines. Our firm has a joint partnership with one of the major International Adjusting Firm who has an enviable reputation for professionalism, consistency and reliable technical proficiency and continuous innovation in improving claim solutions for Insurers, Brokers and Commercial Institutions.

Our commitment is to provide a high level of customer care using qualified and experienced adjusters in the business who collectively possess a remarkable range of skills and operate throughout specific commercial sectors.

We take pride in committing our core values of integrity, expertise and professional excellence to our principals, through a well controlled practice to ensure the high standards maintenance

To provide a personal service of loss adjusting, associated engineering and risk surveys to the Insurance industry and their customers.

OUR MISSION
To provide a personal service of loss adjusting, associated engineering and
risk surveys to the Insurance industry and their customers.

OUR VISION
To become a bespoke services provider of loss adjusting, engineering and
risk surveys.

OUR OBJECTIVE
Loss adjusting is a people business. Ongoing commitment to provide a high
level services encompassing rapidly reporting, accuracy, transparency,
customer care and competitive pricing.

OUR DEDICATED APPROACH
• Thorough
• Responsive
• Constant Communication
• Rapid Reporting

OUR ROLES
• To provide the most effective claim settlement with acceptable
evaluation for both Insured and Insurers
• Provide a well controlled claim service
• Provide proper claim advisory services and surveys
• Evaluation of the loss in terms of insurance terms and wordings
• Provide extensive loss evaluation and cause of loss
• Provide high comfort with main goal to drive claims into conclusion
• General advice on all relevant property protection areas