Chubb has ambitious goals to expand its operations in Singapore and the appointment of two experienced leaders is a key step in achieving this.
Chubb announced the appointment of two executives in its general insurance operation in Singapore, according to a media release Thursday. Effective immediately, Jerry Ng will move into the role of division head of consumer and bancassurance and Eric Kwan will become both division head of property & casualty (P&C) and head of independent distribution partners (IDP).
Both will report to Hng Keng Yoong, country president for Chubb in Singapore.
Dual Role
In addition to his current role as Division Head of Bancassurance, Ng will now also be responsible for Chubb Singapore's consumer business, comprising Accident & Health (A&H) and International Personal Lines (IPL). In this dual role, Ng will be responsible for the overall success of the consumer business and will focus on driving new partnerships and digital initiatives to support the division's growth objectives.
In his new role as head of IDP, Kwan will assume overall responsibility for the company's distribution strategy and production via agency and local broker partners. He will retain his current responsibilities as Division Head of P&C and continue to leverage opportunities to optimize and elevate service delivery to Chubb's distribution partners.
Chubb is the world's largest publicly traded property and casualty insurer. Chubb Insurance Singapore, via acquisitions by its predecessor companies, has been present in Singapore since 1948.