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ACE Life Appoints Jeffrey Woo as Hong Kong's New Chief Agency Officer

HONG KONG, July 28, 2014 /PRNewswire/ -- ACE Life, the global life insurance division of ACE Group, today announced the appointment of Jeffrey Woo as its new Chief Agency Officer, as well as a member of the Executive Committee, in Hong Kong. Mr. Woo will be responsible for all aspects of agency management to bring the team to a new height. He will report to Allan Lam, Country President of ACE Life in Hong Kong.

"I'm very pleased to have Jeffrey on board as his previous experience in agency management will prove invaluable to the personalized customer care provided by ACE Life," said Allan Lam, Country President of ACE Life in Hong Kong. "Agency is our core distribution channel which we will continue to grow and develop. I am confident that Jeffrey will lead our agency teams to the next level of professionalism and productivity as well as to deliver better services to our customers."

Mr. Woo has a wealth of insurance and management experience, with his most recent role being Deputy Regional Chief Agency Officer of an international insurer. He has a proven track record of success in agency management, especially in respect to agency growth strategies and initiatives. Formerly, Mr. Woo was the Director of a global professional services company, specializing in advising various insurance companies on their agency growth initiatives; he had also worked at several leading global life insurers.

ABOUT ACE LIFE IN HONG KONG

ACE Life is the global life insurance division of ACE Group, 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.
With both general and life insurance operations, ACE has been present in Hong Kong for more than 90 years, via acquisitions by its predecessor companies.  Specifically to meet the needs of financial protection and security of its broad range of customers, ACE Life in Hong Kong (ACE Life Insurance Company Ltd.) offers a comprehensive array of quality life and medical insurance products and services.

Source: ACE Life Insurance Company Ltd.