-
Move demonstrates ACE’s commitment to the Asia Pacific region
-
Well-positioned to benefit from being in the center of the region’s
financial services hub
-
Better proximity to business partners to enhance service
SINGAPORE--(BUSINESS WIRE)--
ACE Group announced today the relocation of its Asia Pacific regional as
well as local operations in Singapore on July 20. Located in the heart
of Singapore’s Central Business District at 138 Market Street, the move
signals ACE’s strong commitment to better serve its business partners,
of which some are based within close proximity of its new premises.
The new office occupies approximately 38,500 sq. feet, spread over two
interconnected floors housing over 250 employees. The relocation to
CapitaGreen, an environmentally-friendly building, also supports ACE’s
overarching commitment to sustainability.
Mr. Juan Luis Ortega, Regional President for ACE’s general insurance
operations in the Asia Pacific region, said, “This is a very exciting
time for everyone at ACE Asia Pacific. At CapitaGreen, we have ample
space for dynamic collaboration which enhances our ability to support
our growth strategies in this region which is full of opportunity.”
“Asia Pacific is a key growth region for ACE Group. Since the
establishment of our regional headquarters in 1999, we have grown and
diversified our products, distribution channels and geographies. Our
footprint currently spans 13 markets, namely Australia, China, Hong
Kong, Indonesia, Korea, Macao, Malaysia, New Zealand, Philippines,
Singapore, Taiwan, Thailand and Vietnam. We offer a broad array of
quality insurance and risk management solutions, ranging from property
and casualty, accident and health, to personal and business insurance.
As Singapore celebrates its 50th anniversary this year, our
move to the Central Business District bears testament to the nation’s
stature as a premier regional hub for multinationals,” Mr. Ortega added.
Mr. Mack Eng, Country President of ACE’s operations in Singapore, added,
“We are in the business of fulfilling promises to our customers and
business partners. The move to Singapore’s financial district brings us
closer to them and reinforces ACE’s dedication and commitment to our
relationships with key stakeholders. The integration of space also means
greater efficiencies and workplace effectiveness.”
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®, ACE logo®, and ACE insured® are
trademarks of ACE Limited.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150726005060/en/
Source: ACE Group