HONG KONG, Dec. 19, 2017 /PRNewswire/ -- Chubb Life, the global life insurance division of Chubb, today announced that its operations in Hong Kong has been awarded the title of "Best-in-Class", the highest accolade in two categories, namely Whole Life Insurance (All Currencies) and Human Capital Development at the reputable BENCHMARK Wealth Management Awards 2017 ("the Awards").
Chubb Life was also honored with the "Outstanding Achiever Award" in two categories, namely Critical Illness Insurance and Annuity Plan. Winning such prestigious accolades in these Awards for five consecutive years underscores Chubb Life's commitment to nurture talented individuals that turn our mission -- crafting protection for people you love, your home, your business, your employees and things that matter to you -- into reality by fostering innovative products and services for our customers.
Winning the "Best-in-Class" title in the Human Capital Development category is exceptionally meaningful. Deeply rooted in the company culture,Chubb Life in Hong Kong is committed to fostering a work environment that provides its employees opportunities to excel, develop, grow and succeed. The company employs the one-year long, learner-focused ALPS Leadership Program, which uses talent-specific psychometrics to diagnose leadership development needs. A personal coaching approach is also applied to help them overcome challenges independently.
Chubb Life also offers advanced training for experienced leaders to broaden their understanding of Chubb leadership strategies, culture and competencies. Investing in human capital enables employees to equip themselves with the latest tools and skills and allow them to better engage with the customers.
The highly anticipated BENCHMARK Wealth Management Awards is organized by WealthAsia Media, publisher of its flagship magazine BENCHMARK. The Awards aim to recognize the financial institutions who execute and implement the best practices over the year. With the intention of further eliciting the participation of the public, this year's "Best-in-Class"winners were voted by the public on Facebook.
Michael Ho, Country President of Chubb Life in Hong Kong, said, "I am proud of the effort and dedication that our team had put to have earned BENCHMARK Wealth Management Awards this highly acclaimed industry honour for the 5th time. The Awards are true testaments to our innovative products and expert-led service, and belong to the dedicated teammates across our company who bring value and genuine care to our customers. Chubb Life is committed to conceiving, crafting and delivering the very best insurance coverage cater to evolving customers' needs and changing lifestyles. Fundamentally, what it really comes down to is our core value, which is understanding our clients and their needs."
Now in its eighth year, the Awards recognize providers for their best practices in five key areas including products, good governance, client experience, digital capabilities, and brand, and are determined by a distinguished panel judges including industry judges, peers and customers. A public engagement element was also introduced to the competition this year, incorporated with two new processes: Public or Peer Voting and Customer Feedback. To further evaluate the performance of these companies through direct engagement with their customers, social media followers of shortlisted finalists were invited to share their opinions of their insurers.
About Chubb Life in Hong Kong
Chubb is the world's largest publicly traded property and casualty insurance company. 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 Life, the life insurance division of Chubb, operates in 30 countries around the world. In Asia, Chubb Life operates in Hong Kong, Indonesia, Korea, Taiwan, Thailand and Vietnam, and participates in a joint-venture in China. Chubb Life has been in Hong Kong since 1976, and launched its Global Wealth Management business from Hong Kong in 2015. To meet the financial protection and wealth management needs of its broad range of customers, Chubb Life in Hong Kong (Chubb Life Insurance Company Ltd.) offers a range of life protection, savings, accident and health insurance solutions through agents, brokers and banks.
Additional information can be found at: http://life.chubb.com/hk.
Media Contacts
Bonny Ching
Associate Director, Corporate Communications & Marketing
Chubb Life Insurance Company Ltd.
+852 2837 7095
Bonny.Ching@chubb.com
Sarah Tam
Global Head of Communications
Chubb Life
+852 2185 0288
Sarah.Tam@chubb.com
