Showing posts with label ceo. Show all posts
Showing posts with label ceo. Show all posts

Tokio Marine TM Term VIP For Your Company Keyman Insurance ?

Keyman InsuranceBuying a Keyman Insurance for your company's CEO or senior management can be a tricky business.

Simply because most insurers require these head honchos to go for a medical examination once the sum at risk crosses the insurance company's risk appetite and many a times, that amount is also pretty low or not even worth considering.

Then some financial advisers would attempt to propose that these top brass take on individual life insurance where the firm might feel that it is quite costly to even consider purchasing. Tokio Marine Life Insurance or the Tokio Marine Group has recently added an upmarket Term policy into their arsenal of innovative insurance plans. Appropriately named as TM Term VIP; it is to address the needs of individuals who need high coverage. The following are some of the features of this value for money policy:

TMLS Appoints New Chief Executive Officer


Effective 1 May 2012, a new beginning has commenced for Tokio Marine Life Insurance Singapore (TMLS), as they appoint a new CEO, Mr Lance Tay  to the helm.

Corporate Leaders of Tokio Marine (TMLS)Mr. Lance Tay joined TMLS in 2010 as the Head of Partnership Distribution where he w as instrumental in strengthening TMLSposition as one of the leading life insurance product and service providers to financial advisory firms in Singapore.

He has over 27 years experience in the life insurance industry and has held various senior positions in Singapore and the region. Before joining Tokio Marine, Lance held a number of key positions in Singapore and the region, including Deputy CEO & COO of John Hancock Singapore and as Chief Marketing Officer of AIA Singapore.

Mr. David Beynon, who has led the business in Singapore for 22 months, has been appointed to the role as the President Director of Tokio Marine groups new life business in Indonesia, which will operate officially as PT. Asuransi Jiwa Tokio Marine Indonesia.

Mr. Winson Yap, the current Head of Bancassurance, is promoted to the role of Chief Distribution Officer, reporting directly to the CEO. He will assume oversight of the individual life business development and training aspects of the Agency, Bancassurance and Partnership Distribution Departments.   In his new role, he will continue to actively engage the FA firms in maintaining our market leading position, embark on a focused strategy to grow the Agency force and also strengthen our Bancassurance presence in Singapore.

Ms. Margaret Chang, who is the current Head of Insurance Operations Division is re- designated to Chief Operations Officer, overseeing Underwriting, Claims, Customer Services and Change Management Departments.

A noticeable loss for Tokio Marine, will be Mr. Brian Hannan, as he steps down from his current position as Senior Vice President and Head of Agency Distribution