Though People & Partner Insurance PLC only went fully operational in Cambodia in 2015, its management team has about 150 years of experience between them, according to company chief executive officer Jeffrey James Whittaker who everyone knows as Jeff.
The British national alone has 50 years of industry experience under his belt and has successfully lead insurance businesses in seven countries around the globe. Also the shareholders of the 100 per cent Cambodian-owned insurer, also have an impressive track record for successful entrepreneurship at established firms such as the Daun Penh (Cambodia) Group and ING Holding Co, Ltd.
As a veteran in the insurance business, Jeff is passionate about training his young and motivated Cambodian staff and leads them to strive for People & Partner’s vision to thrive in an ever-growing Cambodian insurance market.
“The market here is growing fast and becoming more sophisticated in the process. The Ministry of Economy and Finance are bringing in new measures to ensure we are in line with best ASEAN practice and together we are raising the profile and importance of insurance for all Cambodians,” Jeff said in an interview this week.
With room for growth in all insurance market segments, People & Partners “writes all the main classes of general business insurance such as fire, health and construction and we always seek to develop new products, living up to our tagline – ‘Innovation in Insurance’”, Jeff said.
Having only been in operation for a year, it appears that People & Partner Insurance has taken the right approach.
According to Jeff, the insurance firm has issued well over 1,000 policies so far with approximately 10 per cent being individual and the rest being group policies.
With a great deal of experience in management and motivating staff, and an ever expanding insurance portfolio, People & Partner Insurance is headed to “ensure that we are the customer’s first choice through the delivery of friendly services and incomparable experience in the insurance businesses,” Jeff said.