The world's largest publicly traded property and casualty insurance company, Chubb, has announced the launch of a new Agency Management and Underwriting unit in Singapore. This dedicated unit will manage the strategic growth of the agency distribution channel as well as its specific underwriting and service needs.
Mr Adam Clifford, Country President for Chubb in Singapore, said: "At Chubb, we are keen to enhance our partners' ease of doing business with us. With this new unit, our agents will have dedicated touchpoints to service their business needs efficiently. Through on-going engagements with our agents, we will refine our product and service offerings in order for our agents to provide tailored solutions for their clients.
Two new appointments have been made for the new Agency Management and Underwriting unit:
- Mr Kevin Xiong, Head of Agency Management and Agency Underwriting. Mr. Xiong joined Chubb in 2016 as Head of Agency, with close to 10 years of experience in agency management as well as business development. In his expanded leadership role, Mr Xiong will spearhead business development, general management and overall growth of the agency business in Singapore. He will report to Mr Clifford, and in matrix to Ms Jeslyn Tan, Regional Head of Agency, Asia Pacific.
- Mr Alex Shi, Senior Manager, Agency Underwriting and Business Development. Mr Shi joined Chubb in 2016 as Senior Agency Manager. With his new appointment, Mr Shi succeeds Mr Kieran Brennan who is now Head of Product Development, Small Commercial Division, Asia. In Mr Shi's expanded role, he will have overall responsibility for leading and managing the development and growth of the Agency underwriting business. Mr Shi will report to Mr Xiong and in matrix to Mr Liam Burrell, Division Head of Property & Casualty, Singapore.
Last November, Chubb announced the establishment of a division in Asia Pacific dedicated to the risk management needs of Small, Medium Enterprises (SMEs). This business division focuses solely on delivering a sustainable value proposition to SMEs through innovative products, tailored distribution strategies and convenient sales platforms.
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.
Chubb Insurance Singapore, 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.