HONG KONG, July 3, 2022 /PRNewswire/ — Chubb Life now announced that Jack Chang has been appointed President of the company’s life insurance functions in Taiwan that had been just lately obtained from Cigna. Mr. Chang is at present President of Chubb Everyday living Taiwan. In his new job, Mr. Chang will have government running responsibility for Cigna Taiwan and will guide the integration, matter to regulatory approval, of the Chubb Existence and Cigna Taiwan insurance policies operations in this market. Throughout the integration period, Rose Huang, the current Chief Fiscal Officer of Chubb Daily life Taiwan, will serve as President of Chubb Daily life Taiwan. On completion of the integration, the blended organization will function below the Chubb Daily life brand name in Taiwan.
On July 1, Chubb, the world’s most significant publicly traded house and casualty insurance provider, done its acquisition of the everyday living and non-daily life insurance policies organizations that house the particular accident, supplemental wellbeing and life insurance organization of Cigna in six Asia-Pacific markets, which include Taiwan. The addition of this customer-concentrated business advances Chubb’s method to increase its existence in the Asia-Pacific region, a prolonged-time period progress place for the corporation, and provides to an previously sizable incident and well being (A&H) organization while growing the company’s Asia-centered lifetime coverage presence.
Mr. Chang will report to Brad Bennett, Senior Vice President, Chubb Team and Chief Working Officer, Chubb Lifetime. The appointment is effective instantly.
“Jack is an seasoned business govt with a deep being familiar with of the coverage industry in Taiwan,” mentioned Mr. Bennett. “That expertise, along with his established observe record as a leader and supervisor, positions him effectively in his new job integrating the Cigna and Chubb Daily life companies and continuing to develop Chubb’s lifestyle insurance policy existence in this critical market. I search forward to doing the job with Jack and welcome all of our new colleagues from Cigna at this interesting second for our organization in Taiwan and across the location.”
Mr. Chang has additional than 25 many years of experience in the insurance plan market in Taiwan. He joined the organization in 2021 as President of Chubb Lifetime Taiwan. Prior to signing up for Chubb, he was Chief Partnership Officer at AIA Taiwan. He has also served as Basic Manager at TCB Lifestyle, exactly where he was dependable for the general management and strategic way of the joint undertaking in between TCB Holding and BNP Paribas Cardif.
About Chubb Daily life
Chubb Daily life is an worldwide daily life insurer, principally focused on Asia, that delivers protection and discounts-oriented everyday living insurance plan products to folks and teams. Chubb Everyday living serves the needs of consumers by means of a range of distribution channels, which include mostly captive brokers, but also by banking companies, stores, brokers, unbiased agents and immediate promoting. Chubb Lifestyle has functions in eight Asian marketplaces — Hong Kong, Indonesia, Korea, Myanmar, New Zealand, Taiwan, Thailand and Vietnam — as perfectly as Latin America.
Chubb is the world’s largest publicly traded residence and casualty insurance policy business. With operations in 54 countries and territories, Chubb offers industrial and personal residence and casualty insurance policy, private incident and supplemental overall health coverage, reinsurance and lifetime insurance plan to a numerous group of purchasers. As an underwriting firm, we assess, suppose and deal with threat with perception and discipline. We provider and shell out our promises quite and instantly. The corporation is also outlined by its considerable products and services offerings, broad distribution abilities, remarkable monetary energy and area functions globally. Mother or father organization Chubb Constrained is listed on the New York Stock Trade (NYSE: CB) and is a element of the S&P 500 index. Chubb maintains executive places of work in Zurich, New York, London, Paris and other places, and employs approximately 34,000 persons worldwide. Further facts can be uncovered at: www.chubb.com
Look at first material to down load multimedia:https://www.prnewswire.com/information-releases/chubb-lifestyle-appoints-jack-chang-to-direct-newly-obtained-life-insurance coverage-operations-of-cigna-in-taiwan-301580023.html
Supply Chubb Existence