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.
Two new appointments have been made for the new Agency Management and Underwriting unit:
Kevin Xiong will be the Head of Agency Management and Agency Underwriting. He 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, Kevin will spearhead business development, general management and overall growth of the agency business in Singapore. He will report to Adam Clifford, Country President for Chubb in Singapore.
Alex Shi will be the new Senior Manager, Agency Underwriting and Business Development. He joined Chubb in 2016 as Senior Agency Manager. With his new appointment, Alex succeeds Kieran Brennan who is now Head of Product Development, Small Commercial Division, Asia. In Alex's expanded role, he will have overall responsibility for leading and managing the development and growth of the Agency underwriting business. Alex will report to Kevin.
Clifford 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. Both Kevin and Alex bring valuable experience, strategic vision and most importantly, a shared passion for service excellence. With their leadership capabilities and proven track-record, I am confident in their ability to propel our agency business forward."Chubb also announced the appointment of Edward Ler as the new Country President for its general insurance business in South Korea. He replaces Edward Kopp, who was recently appointed the new Country President for Chubb's general insurance business in Thailand. Ler joined Chubb in 2013 as Senior Vice-President and Regional Head of Personal Lines, which includes oversight for Motor, Residential, High Net Worth and Specialty Personal Lines. During 2014-2016, in addition to his business leadership role, he was President Director for Chubb in Indonesia. Ler's 15-year career in the insurance industry spans a variety of managerial roles covering the Asia Pacific, the Middle East and European markets. In his new capacity, Ler will continue to report to Paul McNamee, Chubb's Regional President for Asia Pacific. Succeeding Ler as the new Asia Pacific Head of Personal Lines is Soledad Mune. Presently Chief Underwriting Officer, Personal Insurance for Chubb Overseas General, Soledad is resposible for ensuring the continued profitability of the company's international auto and residential insurance portfolios. With more than 15 years of industry experience in both the US and international personal lines businesses, she is ideally suited to this growing and dynamic market segment in Asia Pacific. In her new role, she will be based in Singapore and will report to McNamee. Both Ler and Soledad's appointment will be effective on 1 March, 2018.