NEW YORK -- (BUSINESS WIRE) --
Starr Companies announced today that X. Rick Niu has been named Senior Managing Director of Starr Strategic Partners, a newly formed division dedicated to serving the insurance and investment needs of Asian and other emerging market companies and individuals doing business in the U.S. The appointment is part of the organization's broader strategy to meet the increasing demand for foreign direct investments in the U.S. and the fast-growing financial services needs of emerging market investors as they expand globally.
With an initial focus on global Chinese investors, Mr. Niu will lead a dedicated team tasked with delivering products, services and solutions across Starr Companies insurance and investment divisions and through strategic alliances.
Mr. Niu is an experienced financial services executive possessing a strong track record with leading insurance and investment corporations in developing and developed economies. Most recently, he served as Chief Marketing Officer, U.S. Retirement, and Executive Vice President and Chief Growth Officer, U.S. Insurance, at ING Group NV.
Maurice R. Greenberg said, "Companies and individuals from all over the world are establishing and expanding their presence in the U.S. and we are committed to making their journey here as smooth as possible. Rick's domestic and international business experience and expertise will serve him well as we pursue this strategy."
"I am excited to join Starr Companies and help to advance the strategic vision of the company. Investors from dynamic emerging markets are looking at the U.S. as a key location for their ambitious growth plans. Together with our global insurance and investment capabilities, we will help these important customers succeed in America," comments Mr. Niu.
Starr Companies is the marketing name for C.V. Starr & Co., Inc. and Starr Insurance Holdings, Inc., and is a global, privately held insurance, financial services, and investments organization. Starr provides high-quality, customized property and casualty and accident & health insurance products, with significant access to the excess and surplus marketplace for certain lines of business. Starr also writes specialty lines covering aviation, marine, energy and excess casualty insurance, including risks with international exposures. Starr provides a broad spectrum of services, including claims handling and settlement, reinsurance, risk assessment, loss control and worldwide travel assistance.
For more information visit us at www.starrcompanies.com
CONTACT:
Starr Companies
John Thompson, 646-227-6780
john.thompson@starrcompanies.com