ACE’s Asia Pacific Regional and Local Operations In Singapore Relocate to The Central Business District
July 26 2015 - 11:07PM
Business Wire
- 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
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150726005060/en/
ACE GroupMichele Minjoot, +65-6398-8708Vice President & Head
of Communications, Asia Pacificmichele.minjoot@acegroup.com
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