The acquisition of CXA Group’s brokerage arms in Hong Kong and Singapore is a breakthrough, as Pacific Prime seeks to continually expand in the Asia Pacific region and globally. Global insurance brokerage Pacific Prime has solidified its foothold in Asia Pacific by acquiring the Hong Kong and Singapore brokerage arms of CXA Group, an insurtech company that has exited this sector to focus on its cloud-based enterprise SaaS business.The acquisition deal took place on February 4th, 2021. We at Pacific Prime Produce believe in giving you only the freshest produce available in the market. business.. Proceeds from the deal will be used to finance CXA's expansion into Europe, where the firm has seen "demand from European insurers and their bank partners", said Ms Koo. CXA stated that it will be selling its brokerage business (for an undisclosed amount) in Singapore and Hong Kong to Pacific Prime, which is a specialist employee benefits broker. CXA employs about 300 staff regionally, 40 per cent of whom will be moved to Pacific Prime as part of the deal. The acquisition deal took place on February 4th, 2021. Pacific Prime, a global insurance brokerage firm, strengthens its grip in the Asia Pacific region by taking over the Singapore and Hong Kong brokerage arms of CXA Group. Our just in time system of purveyance of your ingredients assures you that we handpick and deliver it to your kitchen the day you order it. CXA's insurtech business is backed by HSBC, Singtel Innov8, … CXA is an insurtech firm that has taken an exit from the sector to pay close attention to its cloud-based enterprise SaaS (Software-as-a-Service) business. The acquisition gives Pacific Prime the technology to offer full-flex and simplified flex solutions to all of its clients around the world. Pacific Prime is an insurance advisor that offers local insurance solutions and a wide range of health plans and cover for individuals and families. CEO Pacific Prime, Neil Raymond, menyambut baik langkah ini: “CXA Group memiliki keahlian yang dapat kami manfaatkan, terutama dalam menggunakan teknologi untuk mengubah lanskap tunjangan karyawan. The acquisition of CXA Group’s brokerage arms in Hong Kong and Singapore is a breakthrough, as Pacific Prime seeks to continually expand in the Asia Pacific region and globally. Pacific Prime Hong Kong is beyond excited to officially announce the acquisition of CXA Group’s brokerage arms in Hong Kong (HK) and Singapore. Global insurance brokerage Pacific Prime has solidified its foothold in Asia Pacific by acquiring the Hong Kong and Singapore brokerage arms of CXA Group, an insurtech company that has exited this sector to focus on its cloud-based enterprise SaaS business.The acquisition deal took place on February 4th, 2021. The acquisition of CXA Group’s brokerage arms in Hong Kong and Singapore is a breakthrough, as Pacific Prime seeks to continually expand in the Asia Pacific region and globally. Global insurance brokerage Pacific Prime has solidified its foothold in Asia Pacific by acquiring the Hong Kong and Singapore brokerage arms of CXA Group, an insurtech company that has exited this sector to focus on its cloud-based enterprise SaaS (News - Alert). Saya yakin ini menjadikan kami pialang tunjangan karyawan terbesar ketiga di Singapura dan Hong Kong setelah merger Aon-WTW dan Mercer-JLT. The acquisition gives Pacific Prime the technology to offer full-flex and simplified flex solutions to all of its clients around the world. The acquisition of CXA Group’s brokerage arms in Hong Kong and Singapore is a breakthrough, as Pacific Prime seeks to continually expand in the Asia Pacific region and globally. We provide free quotations along with expert independent advice for clients in person, over the phone and on the internet. The acquisition gives Pacific Prime the technology to offer full-flex and simplified flex solutions to all of its clients around the world. The acquisition has expanded the company’s insurtech capabilities, and in doing so, elevated Pacific Prime’s position in becoming the 3rd largest employee benefits broker in Hong Kong and Singapore, after the mergers of Aon-WTW and Mercer-JLT.