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AXA PPP International and AXA Asia General Insurance have joined forces to boost AXA’s healthcare operations in Asia.
The partnership will enhance AXA’s product, service and distribution capability in Singapore, Malaysia, Indonesia, Thailand, Hong Kong and China, where AXA has a well-established presence in both the life and general insurance markets.
As a consequence of this development, AXA has created a new dedicated team based in Singapore, with seven new appointments:
Laurent Pochat-Cottilloux is appointed Health Managing Director for Asia region, reporting to both Andrew Coombs, Managing Director AXA PPP International and Victor Kuk, Chief Executive Officer Greater China & South East Asia. Laurent joins AXA from Standard Life Healthcare where he was Commercial Director.
Stephen Ryan who has been leading AXA’s healthcare developments in Asia since 2009 will now report to Laurent as Strategy and Marketing Director.
Karen Kelly returns to AXA as Customer Service Director for the region having been Operations Director for Chartis.
Roger Kelly takes up the role of Sales Director, having previously served as International business’ New Business Director.
Mark Fletcher, formerly AXA PPP healthcare’s Head of Pricing, has been appointed Underwriting Director for the new team.
Winston Wong becomes Business Transformation Director, building on his current involvement in the healthcare business in Asia.
Florence Lin becomes Planning Director, in addition to her existing role of Head of Health Service for Hong Kong.
AXA PPP International’s Managing Director Andrew Coombs said:
‘Today’s announcement demonstrates our continuing commitment to strengthening our presence in new, emerging markets in partnership with other AXA companies around the world.
‘I am confident that our new team, with their expertise and wealth of experience, will enable us to achieve our ambition to build a market leading regional healthcare platform to serve customers.’
AXA Group is a worldwide leader in Financial Protection. AXA’s operations are diverse geographically, with major operations in Europe, North America and the Asia/Pacific area. For full year 2009, IFRS revenues amounted to Euro 90.1 billion and IFRS underlying earnings to Euro 3.9 billion.
AXA had Euro 1,015 billion in assets under management as of December 31, 2009. The AXA ordinary share is listed on compartment A of Euronext Paris under the ticker symbol CS (ISIN FR0000120628 – Bloomberg: CS FP – Reuters: AXAF.PA). AXA’s American Depositary Share is also quoted on the OTC QX platform under the ticker symbol AXAHY.
About AXA PPP healthcare
AXA PPP healthcare has been helping people to access healthcare services since 1940. Today it forms the UK healthcare arm of AXA and provides healthcare cover for individuals and employers, health information and healthcare commissioning services, funding for dental care (through Denplan) and absence management, occupational health, personal counselling and vocational rehabilitation services (through AXA ICAS).
AXA PPP healthcare has been providing healthcare cover to people outside of the UK for over 40 years and in 2009 established a dedicated business unit, AXA PPP International, consolidating and bringing a greater focus to the growth and development of its international business.
About AXA Asia General Insurance
AXA Asia Pacific General Insurance operations are located in Singapore, Malaysia, Indonesia, Thailand, Hong Kong, China, India, Japan and Korea. A total of 4,800 AXA employees serve 3.4m customers in the region with a wide range of personal lines and business insurances.
AXA Media Relations
John DuBois +44 (0)1892 505230
AXA Asia General Insurance
Stanislas Conseiller, Executive Vice President – Strategy, Marketing & Communications
(65) 6880 8146
Irene Wee, Senior Manager – Corporate Communications
(65) 6880 4656
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