Latest NewsJune 18, 2021
New CaptainAugust 11, 2021
The Archipelago Group (TAG) is pleased to announce the appointment of Ms. Ong Hui-Koon
as Group Chief Executive, Mr. Kanes Naidu Athinaidu as Group Chief Underwriter and Mr.
Lim Boon Ing as Group Chief Operating Officer, effective 1 July 2021.
Mr. Ian Lim Teck Soon who is the incumbent TAG’s Group Chief Executive and Group Chief
Underwriter will be succeeded by Ms. Ong Hui-Koon and Mr. Kanes Naidu Athinaidu, respectively.
He said “This starts a new era of leadership in TAG. I have helmed TAG for the past 8 years
through its remarkable growth phase. The 2G leadership is not new to many as they have been
my close working colleagues and has given me the invaluable opportunity to groom and equip
them into taking up the mantle of leadership to lead TAG’s voyage of Endless Possibilities. The
transition to a new team will continue to harness the past strengths and experiences to drive
future growth, strengthen current partnerships, develop new strategic alliances and stamping our
international presence. I will also look forward to handing over the incumbency of Principal Officer
of Archipelago Insurance Limited to a capable and seasoned experienced captain soon. This will
be announced after regulatory approval from Labuan FSA. I look forward to our business clients
and partners to work warmly with the new leadership.”
Ian Lim will assume executive roles at the group parent holdings level “Malayan Holdings”. In a
recent acquisition of Front Street Re (Cayman) Ltd by Malayan Holdings as approved by Cayman
Islands Monetary Authority, he will be the Chief Executive Officer/Chief Investment Officer of this
company. Additionally, he will be spearheading the Technology and Digitalisation investment arm
of Malayan Holdings.
Hui-Koon has over 20 years of experience in various positions such as credit financing, wealth
management and corporate investments across different financial industries which includes
foreign financial institutions based in Malaysia. Her experiences encompassed sales, sales
management, strategic planning, product and business development for both consumers and
commercial markets. Hui-Koon is also the Principal Officer of Archipelago Life Insurance Limited
and Chief Business Officer of The Archipelago Group. She holds a Bachelor of Business, majoring
in International Business Management and Information System.
Kanes is a dynamic go-getter and has 25 years of proven expertise in insurance, reinsurance,
security management and investigation. He also had a well-structured exposure in both insurance
and reinsurance underwriting and in security and threat assessment which is recognised and listed
by Lloyds of London as a counter Terrorist and Political Violence Specialist. He is the pioneer in
maritime and oil and gas security (licensed as a Petronas vendor) management.
Boon Ing has more than 25 years of experience in the insurance industry under various positions
and companies in operational and claims departments in Singapore and Malaysia. He holds a
Bachelor of Laws from University of London and a Master of Business Administration (MBA) in
Finance from University of Hull. He is also a Chartered Insurer and an Associate of Chartered
Insurance Institute and Malaysian Insurance Institute.
The Archipelago Group is a Labuan based insurance financial institution delivering bespoke
Insurance, Reinsurance, Insurtech solutions and services in Asia. Through its operating entities
licensed by Labuan FSA – Archipelago Insurance Limited and Archipelago Life Insurance
Limited, the Group provides comprehensive and multi-faceted products and services of (re)
insurance, life insurance, takaful general and family takaful. The Group expands its business
by using technology solutions and building alliances with insurance players in the Asian region.
The Group’s entities operate within the Labuan IBFC regulated framework and are members of
the Labuan International Insurance Association (LIIA).