Chubb Launches New Agency Management and Agency Underwriting Unit

SINGAPORE - Media OutReach - 29 January 2018 - Chubb announced today 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 , 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 Adam Clifford, Country President for Chubb in Singapore and in matrix to Jeslyn Tan, Regional Head of Agency, Asia Pacific.

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 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 Liam Burrell, Division Head of Property & Casualty, Singapore.

Mr. 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."

Ms. Tan added, "The new unit is a testament of our commitment to provide agency-focused products and technology for a seamless service experience . Kevin and Alex have the energy and drive to deliver real value to our partners so they can grow their business more effectively with Chubb."

About Chubb in Singapore

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 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-/Stable and the highest ASEAN credit rating of axAAA by Standard & Poor's.

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