19, May 2016 — ACE Jerneh Insurance Berhad (ACE Jerneh), a Chubb company, today announced the launch of its latest product innovation, a Group Personal Accident plan for discerning employers. Offering one of the broadest coverages in the market, it is innovative as every single benefit can be tailored to suit the budget and requirements of employers. In doing so, employers can provide the best-in-class coverage for their employees.
Employees are the most important assets of a company. Employers have found it increasingly challenging to retain key employees and motivate the workforce as they strive to achieve their annual business growth. Offering Group Personal Accident Insurance is seen as one of the opportunities to address these challenges. As the lifestyles and risk exposures of Malaysians evolve, employers are also finding it a challenge to provide a comprehensive, tailor-made plan that is able to meet the insurance needs for today’s Malaysians.
Chubb’s Group Personal Accident Maximum Protection (MaxPro) caters to the risks Malaysians are exposed to everyday and is designed to provide employers with the optimal personal accident cover for their employees. The product offers a broad range of group personal accident coverage that is renewable up to the age of 80 years, in consideration of employees who may want to continue working for longer. As every company has different employee welfare plan requirements, every single benefit provided by MaxPro can be tailored to meet those needs. Responding to the drive for efficiency and speed, the product is transacted on an online platform that is able to issue quotes and bind policies as well as provide policy related services in a matter of minutes at any of ACE Jerneh’s 23 branch offices.
“As one of the leading players of Accident & Health insurance in the world, Chubb leverages global expertise with local acumen to provide risk management solutions to meet the needs of the local markets in which we operate. The Chubb brand is synonymous with quality insurance craftsmanship and MaxPro is crafted based on our detailed analysis of Malaysians’ risk management needs and feedback from our agency force,” said Steve Crouch, Country President for ACE Jerneh. “MaxPro is an ideal plan that is able to help employers retain and motivate their workforce while catering to employees seeking a financial assistance plan in the event they are unable to work due to an accident,” he further added.
MaxPro is distributed via all ACE Jerneh agents nationwide.
About Chubb in Malaysia
Chubb is the world’s largest publicly traded property and casualty insurer. With operations in 54 countries, 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. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise 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.
Chubb’s operation in Malaysia (ACE Jerneh Insurance Berhad) provides a comprehensive range of general insurance solutions for large corporates, small and medium-sized businesses, as well as individuals through a multitude of distribution channels. With a strong underwriting culture, the company offers responsive service and market leadership built on financial strength. Chubb in Malaysia has a network of 23 branches and more than 2,000 agents.
More information can be found at www.chubb.com/my.
Media Contacts
April Lim +603 2058 3315 april.lim@chubb.com
ACE Jerneh Insurance Berhad
Wisma ACE Jerneh
38 Jalan Sultan Ismail
50250 Kuala Lumpur