Source: Media Outreach
Headline: Chubb Creates Small Commercial Division for SMEs in Asia Pacific
SINGAPORE – Media OutReach – 14 November 2017 – Chubb announced today theestablishment of a division in Asia Pacific dedicated to the risk managementneeds of Small, Medium Enterprises (SMEs). This new business division focusessolely on delivering a sustainable value proposition to SMEs through innovativeproducts, tailored distribution strategies and convenient sales platforms.Three new appointments have been made for the Small Commercial Division:
Michael Cellura, Head of Small Commercial Division, Asia Pacific. Mr.Cellura has been with Chubb for more than 10 years and has a wealth ofinternational underwriting and business development experience. He waspreviously at Chubb in Japan leading the Property & Casualty business forfour years. Mr. Cellura is now tasked with bringing to bear the fullcapabilities of Chubb’s product innovation and channel expertise in agency,bancassurance, broker and digital channels, to serve the needs of smallcommercial businesses.
Kieran Brennan, Head of Product Development, Small CommercialDivision, Asia. Mr. Brennan will focus on product design as well as thedevelopment of processes and service for SMEs. An underwriter since he beganhis career in the UK more than 20 years ago, he was previously with aninternational insurer as their Asia Pacific Chief Underwriting Officer for theSME Division.
Rob Cameron, Head of Actuarial, Small Commercial Division, AsiaPacific. Mr. Cameron has deep actuarial experience having worked at Chubb forover 15 years; first as an Actuarial Services Manager for Australia and NewZealand and later, as the Regional Property & Casualty Actuary. In his newrole, he will further develop new actuarial models specifically for SMEs toensure Chubb’s value proposition is customised for this market segment.
On the new Small Commercial Division,Chubb’s Regional Head of Property & Casualty, Jason Keen said, “The SMEs’demands for risk management are rapidly evolving as they continue to play anexpanding role in the local economies across the region. With Chubb’s superior underwritingexpertise, award-winning claims and account services, we can provide SMEs adifferentiated offering to help them thrive. I’m confident that Michael, Kieranand Rob, in collaboration with the local SME teams in each country, willbe able to tap the many opportunities to grow this exciting new divisiontogether with our existing clients and distribution partners”.
Chubb isthe world’s largest publicly traded property and casualty insurance company.With operations in 54 countries, Chubb provides commercial and personalproperty and casualty insurance, personal accident and supplemental healthinsurance, reinsurance and life insurance to a diverse group of clients. As anunderwriting company, we assess, assume and manage risk with insight anddiscipline. We service and pay ourclaims fairly and promptly. The company is also definedby its extensive product and service offerings, broad distributioncapabilities, exceptional financial strength and local operationsglobally. Parent company Chubb Limited is listed on the New YorkStock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubbmaintains executive offices in Zurich, New York, London and other locations,and employs approximately 31,000 people worldwide.
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