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CB DBA Chubb Limited

248.22
-2.03 (-0.81%)
Last Updated: 18:10:01
Delayed by 15 minutes
Share Name Share Symbol Market Type
DBA Chubb Limited NYSE:CB NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -2.03 -0.81% 248.22 250.45 244.84 248.93 712,060 18:10:01

ACE Creates New Regional Agency Head Role in Asia Pacific and Appoints Jeslyn Tan    

18/03/2015 5:05am

Business Wire


DBA Chubb (NYSE:CB)
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ACE Group announced today the appointment of Jeslyn Tan to the role of Regional Head of Agency for Asia Pacific based in Thailand. The creation of this new role is reflective of the commitment and investment in driving the expansion of the agency channel as part of the company’s strategic goal in the region to diversify its distribution channels.

Over the last five years, ACE Group has made several acquisitions in the region to grow and diversify its products and distribution: Malaysia in 2010 - Jerneh Insurance Berhad; Indonesia in 2012 – Asuransi Jaya Proteksi and Thailand in 2014 – Siam Commercial Samaggi Insurance PCL. With the acquisitions, ACE Group gained a growing agency force in Southeast Asia through which a whole range of general insurance products are distributed.

In this new role, Ms. Tan will spearhead the development of a systematic approach to business development within the agency channel based on sound portfolio management fundamentals. Ms. Tan returns to ACE from AIG where she was Vice President, Head of Agency & Broker Channel Management for five years. She first worked with ACE in 2001 where she headed Operations and Customer Service for the Accident and Health division.

Ms. Tan will report to Juan Luis Ortega, Regional President for ACE in Asia Pacific who commented, “As an accomplished and resourceful leader, we are fortunate to have Jeslyn re-join ACE. Armed with deep expertise in channel management as well as business development complemented by strong HR and training skills, Jeslyn is well equipped to lead the growth and development of our agency distribution. We have ambitious goals for our agency channel as we target to maximize the available opportunities across our product lines and in the various markets around the region.”

About ACE Group

ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 54 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. ACE's core operating insurance companies are rated AA for financial strength by Standard & Poor’s and A++ by A.M. Best.

ACE GroupMichele Minjoot, +65-6398-8708Vice President & Head of Communications, Asia Pacificmichele.minjoot@acegroup.com

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