Asia, 2 September 2021 – Private Client Services by Mercer (PCS), a market leader in providing risk management propositions, with a focus on integrated life insurance solutions for high net worth (HNW) and ultra-high net worth (UNHW) individuals, today announced key leadership appointments to drive its next phase of growth and expansion.
These leadership appointments come as PCS sees continued growing demand from high net worth and ultra-high net worth individuals.
Joseph Low, Group CEO, PCS by Mercer said, “The pandemic has put the spotlight on the importance of wealth planning for HNW and UNHW individuals as they think about legacy planning needs. Demand for risk solutions is also surging, along with the sustained growth in the HNW and UHNW population1 concerned with the preservation, growth and transfer of their wealth. PCS is well-positioned to seize these opportunities with our market-leading digital capabilities and innovation in solutions.”
Mr. Low added, “These leadership appointments signal an exciting new chapter for PCS and it strengthens our position to seize opportunities the future presents. After COVID-19 hit, we ramped up digital transformation efforts to meet the needs of clients wanting to complete new policies remotely. And with a license to operate a wholly-owned domestic insurance brokerage in China, we are also actively expanding our footprint there. We will continue to focus on expanding client offerings by leveraging Mercer’s infrastructure, expertise and extensive network of insurance brokerage solutions.”
About Private Client Services by Mercer
Private Client Services by Mercer (PCS) is a market leader in providing risk management propositions, with a focus on integrated life insurance solutions for High Net Worth (HNW) clients with their wealth planning needs in mind. With offices across Singapore, Hong Kong SAR, China Mainland, Geneva and Zurich, PCS works in close partnership with major private banks and trustees globally to serve HNW clients in over 50 markets. The businesses and entities of PCS form part of the global business network of Mercer, a business of Marsh McLennan (NYSE: MMC). For more information, visit us at www.mercerpcs.com.
1Capgemini. World Wealth Report 2021.
2PCS International is a Business Unit within PCS Singapore.