Great Eastern, the insurance division of OCBC, has introduced a new service tailored specifically for high net worth (HNW) individuals and families across Asia.
The newly unveiled proposition is named Great Eastern Private. This service aims to bring together custom-designed HNW insurance solutions with a curated panel of expert advice and services spanning seven spheres. These domains encompass next-generation leadership, family advisory and trust services, health and longevity, international tax advisory, legal advisory, philanthropy, and global lifestyle concierge.
In collaboration with Singapore Management University Executive Development, Great Eastern will conduct a cross-generational family program. This initiative will provide a platform for founders and family members to delve into topics like values, enterprise continuity, leadership transition, and long-term legacy.
Great Eastern is also offering HNW clients access to an exclusive area dubbed the Hewton Fair Suite, a nod to the company’s founder Alfred Hewton Fair. This premium space will feature on-site medical services in collaboration with Raffles Medical Group.
CEO of Great Eastern, Greg Hingston, commented on the new proposition. He noted that as clients successfully amass wealth, the focus is now shifting to the careful and effective preservation and transfer of wealth. Great Eastern Private, he said, is a strategic move to invest in capabilities and services that meet this evolving customer need. He also affirmed the company’s commitment to remain the trusted insurance partner of customers throughout all life stages and generations.
What is the Great Eastern Private proposition?
Great Eastern Private is a new service introduced by Great Eastern, the insurance arm of OCBC, designed specifically for high net worth individuals and families. It offers tailored insurance solutions and curated expert services across various domains.
What are some of the services offered as part of Great Eastern Private?
Services offered under Great Eastern Private encompass next-generation leadership, family advisory and trust services, health and longevity, international tax advisory, legal advisory, philanthropy, and global lifestyle concierge.
What is the Hewton Fair Suite?
The Hewton Fair Suite is an exclusive area offered to high net worth clients utilizing the Great Eastern Private service. It includes on-site medical services provided in partnership with Raffles Medical Group.
