Utmost Wealth Solutions today launched its new product for residents and expatriates living in Singapore.
FOCUS (Singapore) is a regular savings proposition combining an investment-linked life assurance policy with a range of underlying investment funds designed to suit client needs.
Singapore is an important market for Utmost Wealth Solutions as it focuses on capturing the wealth trends in Asia and developing solutions to meet the sophisticated requirements of this client base.
Speaking at the launch, Paul Thompson, Chief Executive Officer of Utmost Group said,
“I am delighted to officially launch our new FOCUS product for clients in Singapore. This is the latest product launch for our Utmost Wealth Solutions business and it represents an exciting development for the business, our clients and our partners.”
The launch follows the key appointment of Cherie Tan as Chief Executive Officer of Utmost International’s Singapore Branch and Head of Sales in Asia in September 2020.
About Utmost International
Utmost International is an international life assurance business, which serves two key markets. It provides international life assurance to affluent, high-net-worth and ultra-high-net-worth individuals through its Utmost Wealth Solutions business, and group risk and savings solutions to multi-national corporates through its Utmost Corporate Solutions business.
Utmost International has been formed through the acquisition of insurers that were previously owned by major insurance groups. By bringing these companies together under a common strategy and rationalising to achieve significant cost synergies, Utmost International has created a financially and operationally robust insurance group that is strongly positioned to win new business.
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