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Archive for October 15th, 2013

DirectAsia.com launches Online Term Life Insurance in Singapore

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SINGAPORE, Oct. 14, 2013 /PRNewswire/ — Pioneering online insurer, DirectAsia.com Singapore has launched an innovative online Term Life product, the first in the market with straight through processing and online policy issuance for cover over S$200,000, with the cover range from S$100,000 right up to S$500,000.

Chief among its selling points is the fact that customers can receive their cover in minutes by answering a few simple questions without being required to submit any medical certificates or attend doctor appointments, as is usually the case with other life and health insurance.

Another key difference is that the insurance will not be linked to investment or savings plans where high premiums don’t necessarily mean high-life coverage. DirectAsia.com’s intention is to directly address the protection gap in Singapore with low-cost and convenient cover. As such the latest product from the award-winning DirectAsia.com is aimed at giving customers a choice of different levels of cover all at a low price.

Simon Birch CEO of DirectAsia.com, said: “We think it makes sense to pay the right price for your Term Life Insurance and consider your savings and investments separately. For the average breadwinner, only after protecting your debt obligations and income does it make sense to commit to savings and investments. With this in mind, we’re bringing to Singaporeans the convenience and value of an online Term Life Insurance policy that helps your family to be financially secure should the worst happen to you.”

Term Life Insurance through DirectAsia.com will be renewable every year and comes with a guarantee that policyholders can renew up to the age of 85. This is another feature that is hoped will give the product an edge to value conscious Singaporeans.

Simon Birch added: “Our annual renewal feature differs from many other Life Insurance products because you can take it one year at a time, paying the right price for your age today. With our yearly renewable Term Life Insurance you can consider the competitiveness of our rates as each year goes by. So there are no surprises, you even get a look each year at what it’s going to cost for the next five years with our innovative 5 years rolling guaranteed premiums feature.”

“We researched the Singapore consumer market and decided it was time for an online Term Life product that had the guarantees that customers want, together with great value and high transparency in the pricing,” said Mr. Birch.

For their Term Life Insurance product, DirectAsia.com brought their concept to insurers and ultimately partnered with AXA Life Insurance.

“The internet is increasingly where transactions take place. At AXA, we recognise that online buying is not for everyone. However, we want to be able to cater for a growing segment of customers who prefer to do their own research and purchase of life insurance online. Partnering with DirectAsia.com us to bring this convenience quickly to our customers,” Glenn Williams, CEO of AXA Life Insurance Singapore Pte Ltd said.

Mr Birch said: “Term Life Insurance customers can benefit from the convenience and service of DirectAsia.com, confident that their policy is underwritten and issued by AXA Life with the backing of one of the world’s strongest insurance groups.”

The Term Life Insurance will be an addition to DirectAsia.com’s existing product line which includes car, motorcycle, travel, home, and personal accident insurance.

About DirectAsia.com

DirectAsia.com is a new and innovative direct online insurance provider that began operations in June 2010. As a dedicated direct personal lines insurer, DirectAsia.com provides fast and easy access to insurance needs online. Direct Asia Insurance (S) Pte Ltd (‘DirectAsia.com’) is fully licensed and regulated by the Monetary Authority of Singapore. DirectAsia.com provides car, motorcycle, travel, home and personal accident insurance through our online website — DirectAsia.com, over the phone and our customer service centre in the CBD. DirectAsia.com is fully owned by Whittington Group, an international insurance investment business headquartered in Singapore, and is reinsured by some of the world’s leading reinsurers.

For more information on DirectAsia.com online insurance, please visit http://www.directasia.com/

Or http://www.facebook.com/directasia/http://twitter.com/directasiahttp://www.linkedin.com/company/directasia-comhttps://plus.google.com/100831091512203781672.

DirectAsia.com Singapore
Rachelle Lee
+65-6603-3676
rachelle@directasia.com

Source: DirectAsia.com

Written by asiafreshnews

October 15, 2013 at 11:50 am

Posted in All releases

MGM Hospitality Promotes Development Executive

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LAS VEGAS /PRNewswire/ — MGM Hospitality this week announced the promotion of Rishi Kapoor to senior vice president of international development.
In this role, he will direct development activities in Asia, India, the Middle East and North Africa for the division of MGM Resorts International (NYSE: MGM) focused on developing non-gaming luxury hotels and resorts in key destinations around the world.
Mr. Kapoor, who is based in Dubai, brings to the position 20 years of experience in the luxury hospitality sector in areas including operations, marketing, strategy and development. In his most recent position as vice president of development-India for the division, he led in the expansion of the Bellagio, MGM Grand and Skylofts brands.
Before joining the division, he worked as director of strategy and marketing for The Imperial, New Delhi. There, he led the rebranding, repositioning and management turnaround of this historic property in India to its current iconic luxury hotel brand. His experience also includes various marketing and operations positions with The Oberoi Group and ITC Hotels.
Mr. Kapoor received his degree in hotel management from the Institute of Hotel Management, Pusa, New Delhi, in India. He also completed post-graduate training in general management, operations and marketing.
MGM Resorts International (NYSE: MGM) is one of the world’s leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage. The Company also owns 51% of MGM China Holdings Limited, which owns the MGM Macau resort and casino and is in the process of developing a gaming resort in Cotai, and 50% of CityCenter in Las Vegas, which features ARIA resort and casino. For more information about MGM Resorts International, visit the Company’s website at http://www.mgmresorts.com.
Statements in this release that are not historical facts are “forward-looking” statements and “safe harbor statements” under the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including risks and/or uncertainties as described in the Company’s public filings with the Securities and Exchange Commission.
Source: MGM Resorts International
Related stocks: NYSE:MGM

Written by asiafreshnews

October 15, 2013 at 11:30 am

Posted in Uncategorized

Dr. Nicolette DeVille Christensen Named President of Arcadia University

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GLENSIDE, Pa., Oct. 12, 2013 /PRNewswire/ — On October 11, 2013, the Board of Trustees at Arcadia University announced the election of Dr. Nicolette DeVille Christensen as the twenty-first President in the University’s 160-year history.

(Photo: http://photos.prnewswire.com/prnh/20131011/DC96503)
(Logo: http://photos.prnewswire.com/prnh/20120419/DC90762LOGO)

“The Board’s decision was based on the quality of Dr. Christensen’s consistent leadership and innovative vision demonstrated over the past seven months as Chief Operating Officer and the past five years as Vice President and Executive Director of The College of Global Studies,” wrote Board Chair Chris van de Velde in an announcement to the Arcadia community. “The Board believes Dr. Christensen has proven the ability to provide strong and stable leadership.”

Christensen was appointed to oversee the responsibilities of President, running Arcadia’s day-to-day operations since being named Chief Operating Officer (COO) in March. She assumes the role of President effective immediately.

“It is a great honor and a privilege to be named President of Arcadia University,” said Christensen. “I look forward to continuing my work with trustees, students, faculty, staff, alumni, friends, and all members of the Arcadia University community, nationally and internationally. I firmly believe in the mission of our University, one that combines a rigorous academic curriculum, promotes deep intellectual exploration and research, and provides students the skills needed to succeed professionally, grounded in a liberal arts ethos.”

Christensen’s service to Arcadia University began as Vice President in 2008 at the then Center for Education Abroad, where she led its transition to become The College of Global Studies, a full-fledged college of the University. She led innovative initiatives in international education including creating a Center for Research and Assessment, a unit that would go on to develop the award-winning international education program assessment model ATLAS; appointing a full-time Health and Safety Director dedicated to overseeing all Arcadia programs, staff, and centers worldwide; and expanding Arcadia’s global footprint by negotiating and establishing new centers in Barcelona, Dublin, Edinburgh, Havana, Istanbul, London, Melbourne, Rome, and Sicily.

“On behalf of the Faculty Council, we would like to extend our congratulations to Dr. Nicolette Christensen on becoming the twenty-first President of Arcadia University,” says Dr. Graciela Slesaransky-Poe, Chair of the Arcadia University Faculty Council. “We wish her success and look forward to continuing to work together.”

“In many ways, Dr. Christensen’s leadership has demonstrated an investment in bringing the University together in one strategic direction and providing the members of the Arcadia community with opportunities to voice their ideas and concerns,” says Breann Donnelly, Chair of the Arcadia University Staff Council.

Placing a distinguished leader from the field of international education as President of Arcadia University is a significant moment in the landscape of higher education. Christensen’s appointment underscores the Board’s commitment to the global mission of the institution as expressed in its many disciplines, schools, and colleges.

About Dr. Nicolette DeVille Christensen

Prior to joining Arcadia University, Christensen was Executive Director of Global Academic Management at New York University and also spent 13 years teaching business management at Guilford College in Greensboro, N.C., where she served as Department Chair and Director of Study Abroad.

Christensen’s unique insight into the challenges of advocating for global education at the campus, national, and international levels has led her to placement on task forces, committees, and professional boards, including the Association of International Education Administrators (AIEA); United Nations Task Force on Education; and United Nations Commission on Disarmament Education, Conflict Resolution, and Peace (founded by the International Association of University Presidents in conjunction with the United Nations).

Christensen was a Fulbright-Hays scholar; earned a doctoral degree in Leadership and Cultural Foundations with a focus on International Business and Ethics from the University of North Carolina, Greensboro; a master of business administration degree from the University of North Texas; and graduated summa cum laude with a bachelor of science degree from the College of St. Mary in Nebraska.

About Arcadia University

Arcadia University is a top-ranked private university in metropolitan Philadelphia and a national leader in study abroad and international education. The 2012 Open Doors report names Arcadia University #1 in the nation in undergraduate students studying abroad, while U.S. News & World Report ranks Arcadia among the top regional universities in the north and lauds Arcadia’s study abroad programs. Arcadia University promises a distinctively global, integrative, and personal learning experience that prepares students to contribute and lead in a diverse and dynamic world. Visit www.arcadia.edu.

Source: Arcadia University

Written by asiafreshnews

October 15, 2013 at 11:20 am

ORC International and Premier Inn announced as finalists for prestigious award

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NEW YORK/PRNewswire/ — ORC International is delighted to announce that it is a finalist in the Market Research Society Awards 2013. The awards celebrate the industry’s ability to drive innovation, inspire change and deliver results.
(Logo: http://photos.prnewswire.com/prnh/20131010/PH95939LOGO)
ORC International and Premier Inn’s joint paper has been recognised in the ‘Best Application of Data’ category for the entry ‘Pillow Talk’. The paper discussed how Premier Inn uses research as a basis for tactical and strategic business decisions.
ORC International’s ‘Guest Recommend’ and employee engagement programme ‘Your Say’ are deeply embedded in the business and impact on Premier Inn’s operational decisions daily.
Bringing the two surveys together, and leveraging the combined intelligence they bring, has enhanced the insight for the senior team at Premier Inn. Guest and employee scores are regularly highlighted in investor briefings and feature on the company’s balanced score card.
Lisa Garthside, Research Director at ORC International, said: “We are delighted that this paper has been shortlisted for the MRS Awards. It’s a strong endorsement of the benefits of listening to both the customer and the employee, particularly in a service industry. There is a strong and proven link between engaged employees and loyal customers.”
Jen Postawa, Insight Manager for Premier Inn, commented: “Premier Inn has been working closely with ORC International for over six years. The linking of our employee and customer survey results is a valuable asset in providing insight about our customer experiences within our brands, and helps our employees provide an outstanding service.”
Winners will be announced at an award ceremony on 9 December 2013.
Editor’s notes
About ORC International
ORC International is a leading global research firm with offices across the US, Europe and Asia Pacific. The company’s combination of cutting-edge technology, skilled researchers and in-depth industry experience provides clients with the insight to help solve their most pressing business challenges. ORC International offers innovative customer and employee research solutions to a range of public and private sector clients. To learn more about ORC International, visit http://www.ORCInternational.com
Contact
Christina Johnson
Marketing Copywriter
020 7675 1154
Christina.Johnson@ORCInternational.com
Source: ORC International

Written by asiafreshnews

October 15, 2013 at 11:14 am

Posted in Uncategorized