Chubb announced on Monday (20 August) the establishment of a Major Accounts Division in the Asia Pacific region, a dedicated premium service encompassing underwriting, risk engineering and claims for the region's large, global and multi-national clients and business partners.
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, 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, it assesses, assumes and manages risk with insight and discipline. It services and pays its 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.
The new Major Accounts Division will be headed by Doug White currently, Country President of Hong Kong, Taiwan & Macau. As the Head of the Major Accounts Division for Asia Pacific, Mr. White will be responsible for delivering bespoke, holistic solutions and services to clients and business partners through management of the Chubb Global Services team, Global Client Executives, Claims Client Relationship Managers and Risk Engineers. In his new role, Mr. White will report to Jason Keen, Chubb's Regional Head of Property & Casualty, Asia Pacific.
Mr. White has been in the insurance industry for more than 25 years. He joined Chubb in 2014 as Country President for Hong Kong, Taiwan & Macau; a post he has held for four years. Prior to joining Chubb, he was a Managing Director for a leading broker.
In addition to Mr. White's appointment, Patrick Wong has been appointed to the newly created position of Global Client Executive, North Asia. Reporting to Mr. White in his new role, Mr. Wong will serve as the senior relationship manager and single point of contact for Chubb's large global clients in North Asia.
Mr. Wong is presently Chubb's Head of Property & Casualty for Hong Kong. He is a well-known figure in the local insurance industry with a long and accomplished career. He joined Chubb's predecessor company in 1991 and since then, has been a integral member of the Property & Casualty team, eventually taking on its leadership in 2005.
Global clients with unrivaled service to meet their evolving risk management needs. With Doug and Patrick, both of whom are experienced leaders with strong relationship management skills, our clients and business partners are in excellent hands as we continue to invest in this Division to grow with our clients."
The company noted that the above appointments are effective on 1 October 2018.