Starr Insurance Receives License to Operate Branch in Seoul
20 Octubre 2024 - 8:00PM
Business Wire
Starr Insurance announced that South Korea’s Financial Services
Commission has granted Starr International Insurance (Singapore)
Pte. Ltd., Korea branch, a license to operate in Seoul and begin
selling commercial property/casualty insurance throughout
Korea.
Paul Choi was named CEO of Starr’s Korea branch in May 2024. He
has more than 30 years of insurance experience with brokers and
carriers and holds an MS in Risk Management & Insurance from
Georgia State University.
Phil Finley, president of Starr Asia Pacific, said: “Korea is
one of the largest commercial insurance markets in Asia, and Starr
has a long history of operating in the region. We expect Korea to
become a good source of profitable premium growth for Starr over
the coming years.”
About Starr Insurance
Starr Insurance (or Starr) is a marketing name for the operating
insurance and travel assistance companies and subsidiaries of Starr
International Company, Inc. and for the investment business of C.
V. Starr & Co., Inc. and its subsidiaries. Starr is a leading
insurance and investment organization with a presence on six
continents; through its operating insurance companies, Starr
provides property, casualty, and accident and health insurance
products as well as a range of specialty coverages including
aviation, marine, energy and excess casualty insurance. Starr’s
insurance company subsidiaries domiciled in the U.S., Bermuda,
China, Hong Kong, Malta, Singapore, Switzerland and U.K. each have
an A.M. Best rating of “A” (Excellent). Starr’s Lloyd’s syndicate
has a Standard & Poor’s rating of “A+” (Strong).
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version on businesswire.com: https://www.businesswire.com/news/home/20241020474942/en/
Charlie Armstrong Vice President, Marketing
charlie.armstrong@starrcompanies.com, 646.758.8308