|BUSINESS WIRE / ME NewsWire - GEORGETOWN, Cayman Islands - Tuesday, October 16th 2012|
Following its global expansion plans, Investors Trust Assurance SPC ("ITA”) is thrilled to announce the recent opening of its branch office in Kuala Lumpur, Malaysia, at the renowned Petronas KLCC. The Grand Opening celebration took place last Wednesday, October 10th and was a very successful event, with the presence of the company's directors and officers, local press & media, business partners and distributors.
Malaysia is a politically stable country and has a highly educated, multi-lingual and cultural workforce, which contributes to its business friendly environment. ITA is in a position to deliver a significant positive impact to the insurance market in this region, which is known to have excellent prospects, thanks to their savings mentality and considerable medium to high income. ITA can leverage its global experience into Malaysia, while continuing with its core values by providing superior products, an innovative and user-friendly platform, and high quality services.
The Kuala Lumpur branch office will serve as a critical hub for the Southeast Asia target market. This strategic location, complemented by a license issued by the Labuan Financial Services Authority (Labuan FSA), enables ITA to establish a fully functional sales, marketing and operations office with services in multiple languages.
"We are committed to Malaysia and the Southeast Asian market, and look forward to supporting the community and building a prosperous business,”says Bob Pain, ITA’s Managing Director.
Investors Trust Assurance SPC is an international insurance company licensed and regulated by the Cayman Islands Monetary Authority. ITA carries a financial strength rating of B++ (Good) from A.M Best, and is a member of the Association of International Life Offices (AILO). Since its foundation, ITA has gained a leadership position in the international insurance market, with presence in more than 30 countries. ITA’s core product portfolio is comprised of medium to long term investment-linked products, targeted to emerging market consumers who are assisted by independent financial advisors. The products are flexible, tax-efficient, and designed to meet the needs of the various customer segments around the world, who share the same goals of having a solid financial plan for their futures. ITA offers its plan holders the access to the global financial markets through a wide range of funds from the finest Asset Managers, quality multi-lingual service, as well as an advanced and user-friendly internet platform.
Investors Trust Assurance SPC
Allison Clark, +1-345-749-3340