• Home
• Kilas Global
• Chubb expands Transactional Risk Insurance capabilities in Asia Pacific

Rabu, 18 September 2019 06:33:00

Chubb expands Transactional Risk Insurance capabilities in Asia Pacific

Insurer responds to increasing demand for insurance coverage to help facilitate transactions in the region
SINGAPORE, RIAUONE.com - 17 September 2019 - Chubb today announced the expansion of its transactional risk capabilities in Asia Pacific with the appointment of two specialist underwriters:

Tressie Norton, previously Senior Underwriter, Transactional Risk with Chubb in the UK and Ireland, relocated to Singapore in April 2019. Ms. Norton will service all Asia-based transactional risk submissions, collaborating with Chubb's local financial lines teams across the region.
 
Scott Butcher, previously Senior Underwriter, Financial Lines within Chubb's Major Accounts Division in Australia, has been appointed to the position of Underwriter, Transactional Risk. Scott will service all transactional risk submissions in Australia and New Zealand.
 
Chubb's expansion of transactional risk capabilities comes in response to increasing demand for risk coverage in the Asia Pacific region to help facilitate corporate transactions. In 2018, M&A activity in Asia Pacific, excluding Japan, recorded a combined deal total of US$717.4 billion, a 2.6 per cent increase in deal value than in 2017.[1]  
 
With primary capabilities in Australia, Hong Kong SAR, Korea, New Zealand and Singapore, Warranties and Indemnities (W&I) Insurance will lie at the heart of Chubb's transactional risk proposition to help parties manage inherent risks in a transaction.
 
"With extensive experience as underwriters and legal practitioners, Tressie and Scott will provide a deep understanding of how transactional risk coverage can help participants in a transaction resolve challenging negotiations and execute the deal," said Grant Cairns, Head of Financial Lines for Chubb Asia Pacific.
 
"Chubb will serve the needs of both buyers and sellers through distinct W&I policy offerings tailored to the specific needs of each policyholder," added Mr. Cairns.
(roc/red/*) #for information on collaboration publications, questions and other e-mails riauonemedia@gmail.com
RIAUONE.com

5 tahun lalu

Chubb Observes Regional Day of Service in Asia Pacific

SINGAPORE - 27 November 2019 - Chubb recently held its annual Regional Day of Service in the Asia Pacific with almost 1,000 employees in 12 territories participating in communit

5 tahun lalu

Chubb Appoints Grant Cairns as Asia Pacific's Head of Property & Casualty

SINGAPORE - 18 November 2019 - Chubb announced today the appointment of Grant Cairns as Head of Property & Casualty for Asia Pacific. Mr. Cairns will succeed Jaso

5 tahun lalu

Chubb appoints Jerry Ng as Singapore's Division Head of Bancassurance

SINGAPORE, RIAUONE.com - 30 September 2019 - Chubb today announced the appointment of Jerry Ng as Division Head of Bancassurance for Singapore, with immediate effect. He will re

5 tahun lalu

Chubb appoints Eric Kwan as Division Head of Property & Casualty in Singapore

SINGAPORE, RIAUONE.com - 1 August 2019 - Chubb today announced the appointment of Eric Kwan as Division Head of Property & Casualty (P&C) for Singapore, effective 5 Augu