Chubb Launches First Hong Kong Wealth Center
American-Swiss insurer Chubb has launched its first wealth center in Hong Kong to capitalize on growing demand in the city.
Chubb Life Hong Kong has launched Chubb 1792 Club – a wealth center aimed at serving affluent and high net worth customers in the city – according to a statement.
The center is located in the tourism district of Tsim Sha Tsui and features a 10,000-square-foot signature lounge designed to deliver bespoke wealth management services. Its name is a tribute to the year 1792 when investors met in Philadelphia to organize the Insurance Company of North America (INA), the first stock insurance company in the US, which was acquired by Chubb acquirer, ACE, in 1999.
Expanded Portfolio
In addition, Chubb Life Hong Kong has also expanded its portfolio with tailored insurance solutions, including its flagship Chubb MyLegacy Insurance Plan III, as well as Future Achiever Savings Plan II and Infinity Prestige Life Insurance Plan.
«The launch of Chubb 1792 Club represents a bold leap in our continued expansion in the wealth management space. It reflects our long-standing commitment to serving the evolving needs of customers with differentiated, high-touch solutions that go beyond traditional insurance,» said Belinda Au, president of Chubb Life Hong Kong and head of North Asia.