Great American Insurance Group announced the appointment of seasoned insurance professional Chee Keng Koon as its Singapore branch head, along with former QBE executive Vanessa Teo as head of the finance and operations team.
The announcement was made after Great American Insurance is preparing to open an office in Singapore this summer following a preliminary approval from the Monetary Authority of Singapore.
The Ohio-based commercial specialty insurer will focus on onshore and offshore business in Singapore and Southeast Asia.
Great American Insurance Group’s entry into Singapore will allow the firm to become a part of Singapore’s effort to establish itself as a global insurance hub.
And with Chee’s experienced in the Singapore and Asian insurance markets, the firm expressed confidence that it can deliver property and casualty insurance solutions that meet the needs of the local markets.
Great American Insurance Group is engaged in property and casualty insurance, with focus on special commercial products for businesses, among others.
“We are confident that Mr. Chee’s deep specialty lines knowledge, supported by the recruitment of experienced local underwriters and combined with a strong finance and operations team led by Ms. Vanessa Teo, will enable us to deliver property and casualty insurance solutions that meet the unique needs of these markets,” said Don Larson, President and Chief Operating Officer of Great American Insurance Company.