Chubb Makes New Appointments in Singapore

2016-11-10 16:51 1852

SINGAPORE, Nov. 10, 2016 /PRNewswire/ -- Chubb announced today the appointment of several new executives for its business in Singapore.

Mr. Koh Wei Lee has been appointed as Division Head of Accident & Health (A&H) and Personal & Business Insurance (PBI).

Mr. Koh joins Chubb with more than 16 years of experience in the insurance industry. Prior to joining Chubb, he was most recently the Chief Marketing Officer in Gibraltar BSN Life Berhad (a subsidiary of Prudential Financial Inc). His past experience includes careers at several leading general and life insurers like Great Eastern Life Assurance and AIG. A proven leader with deep distribution expertise, Mr. Koh spent the last 6 years in Hong Kong and Malaysia in a variety of roles covering regional product management, business development and product marketing.

In his new role, Mr. Koh will have responsibility for leading and directing the business development, general management and overall growth of the A&H and PBI division in Singapore.

Mr. Kevin Xiong has been appointed as the new Head of Agency.

Mr. Xiong joins Chubb with over 9 years of experience in agency management as well as business development. His past experience includes careers at AIA and AXA managing significant agency distribution forces.

In his appointment, Mr. Xiong will be responsible for implementing various strategies to expand and drive business opportunities for the agency distribution channel.

Ms. Risa Wong has been appointed as the Head of Travel, A&H and PBI.

Ms. Wong is a seasoned professional in the tourism and travel insurance industry. She has over 20 years of experience in advertising, sales and marketing across the South-east Asian and Indian markets.

In her new role, Ms. Wong will be responsible for the growth and profitability of the Leisure Travel portfolio. Her main areas of focus will include driving business development, the diversification of distribution channels, partnership management as well as the enhancement of products and services to ensure maximum satisfaction for partners, agents and customers.

Mr. Koh and Mr. Xiong will report to Adam Clifford, Country President for Chubb in Singapore while Ms. Wong will report to Mr. Koh.

According to Mr. Clifford, "I'm delighted to announce the addition of Wei Lee, Kevin and Risa to the team in Singapore. We have aggressive plans ahead to expand as we seize the product and distribution opportunities across all our business lines. We have attracted some of the best talent in the market who have the experience, energy and passion to take up the challenge of driving our growth".

About Chubb

Chubb is the world's largest publicly traded property and casualty insurer. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide.

Chubb Insurance Singapore Limited, via acquisitions by its predecessor companies, has been present in Singapore since 1948. Chubb in Singapore provides risk management and underwriting expertise for all major classes of general insurance, including Property & Casualty, Marine, Liability, Financial Lines and Group Personal Accident insurance. As one of the leading providers of Accident & Health insurance through direct marketing, the company partners with financial institutions and other companies to tailor individual policies for their clients and employees. In addition, it offers a suite of customised Personal & Specialty insurance solutions to meet the needs of consumers.

Over the years, Chubb in Singapore has established strong client relationships by offering responsive service, developing innovative products and providing market leadership built on financial strength. The company has been assigned a financial strength rating of AA-/Negative and the highest ASEAN credit rating of axAAA by Standard & Poor's. It has also been awarded the Singapore Quality Class STAR (SQC STAR) and Singapore Service Class (S-Class) certification for achieving all-round business excellence and high levels of service respectively by SPRING Singapore, the national standards and accreditation body.

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Source: Chubb
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