ANTAH Heath Lambert Insurance Brokers Sdn
Bhd, among the top 10 insurance
broking companies in Malaysia, is confident of rising
to the top five in the next two years by
tapping the expertise and network of its
shareholders ? the Heath Lambert Group and Syarikat Pesaka
Antah Sdn Bhd.
Syarikat Pesaka Antah is currently Antah
Heath Lambert's largest shareholder
with a 62% stake, while Britain-based Heath Lambert Group
holds 30% and Syarikat Sri Timang Sdn Bhd the balance.
Antah Heath Lambert managing director Arfah Abu Bakar
said that as one of Europe's largest independent brokers,
the Heath Lambert Group had expertise in the power sector,
and oil and gas and other liability classes, including
professional indemnity insurance.
She said the Heath Lambert Group was "very
enthusiastic'' about the Malaysian market and was committed
to the business here. It also intends to transfer part
of its global expertise to Antah Heath Lambert, which
would help push its business forward.
"Toward this end, in collaboration with
the group, we will be carrying out staff exchange and
training and development programmes commencing from the
first quarter of next year. They will send their experts
here to train our staff. Similarly, we will be
sending our staff to Britain for at least six months
to enable them to pick up the relevant expertise.
"The
group is currently preparing the framework of the programme,
through which it aims to secure its position as a pre-eminent
broker and develop the risk sector in the region,''
Arfah told StarBiz.
She said the company would also be
capitalising on the network and synergistic businesses
of Syarikat Pesaka Antah, which is involved in property
development, information technology, financial services
and other businesses.
She said Antah Heath Lambert was
fortunate to have Syarikat Pesaka Antah as its major
shareholder as the latter was a very committed shareholder,
and had assisted in transferring the relevant know-how,
expertise and business contacts to the company.
Antah
Heath Lambert, with over RM100mil in premium income last
year, expects a 15% growth in premium income this
year. At present, about 45% of the company's business
is derived from the oil and gas sector, with the balance
from manufacturing and other personal line of insurance
such as motor, medical and personal accident.
