Chubb Life Hong Kong has launched its inaugural wealth center, Chubb 1792 Club, marking a significant milestone in its insurance and wealth management journey. Located in The Gateway, Tsim Sha Tsui, the club aims to serve the growing health and wealth needs of affluent customers and high-net-worth individuals in Hong Kong.
Key Highlights of Chubb 1792 Club
The launch of Chubb 1792 Club comes as Hong Kong accelerates its growth as a global insurance and wealth management hub, attracting affluent customers and their assets. By the end of 2023, the asset and wealth management sector reached HK$31.2 trillion, with 64% of assets sourced from non-Hong Kong residents. The life insurance sector saw record-breaking sales in 2024, particularly among Mainland Chinese visitors who spent HK$62.8 billion on life, critical illness, and medical policies.
Tailored Insurance Solutions
Chubb Life HK has expanded its portfolio with customized insurance solutions, including its flagship Chubb MyLegacy Insurance Plan III, Future Achiever Savings Plan II, and Infinity Prestige Life Insurance Plan. These plans are designed to meet the unique needs of high-net-worth customers, focusing on wealth preservation and intergenerational legacy management.
Belinda Au, President of Chubb Life Hong Kong and Head of North Asia, stated, “The launch of Chubb 1792 Club represents a bold leap in our continued expansion in the wealth management space.” The nearly 10,000-square-foot signature lounge is designed to deliver bespoke wealth management services and foster meaningful business opportunities.
Future Prospects
The Chubb 1792 Club is poised to empower affluent clients, brokers, and agents to build trusted relationships, enhancing both their business and personal lives. This development underscores Chubb Life Hong Kong’s commitment to serving the evolving needs of its customers with differentiated, high-touch solutions that go beyond traditional insurance.
