Singapore: Asia Insurance Review and Middle East Insurance Review have joined a pre-eminent global risk and insurance media and publishing house, Beacon International Group, Ltd, a US-based enterprise that is expanding dramatically to serve risk management, risk transfer and risk financing leaders across the world, with a deep concentration in insurance, reinsurance, and all related fields in the sector.
As Asia Insurance Review celebrates its highly successful 30 years in the business, the Company combines with Beacon’s 51-year-old US leader, Business Insurance and its iconic 131-year-old New York-based Insurance Advocate, to create one part of an enhanced media group. Beacon is currently in contract to purchase two additional media in the UK and in the US.
Beacon will draw on the market leadership positions of Asia Insurance Review (AIR) and its increasingly popular Middle East Insurance Review (MEIR) to provide professionals in the field the highest level of timely, useful and well-curated information and news, on the global and local levels, according to Mr Steve Acunto, president and founder of the Greenwich, Connecticut-headquartered Group, who noted that: “Combined, the group will present more than 80 events per year and serve an estimated 350,000 readers and better than 250,000 additional followers and users in the insurance and closely related sectors.
“The excellence of Sivam Subramaniam’s work, together with Sheela Suppiah and the leadership of AIR and MEIR, the evident potential for the delivery of news, highly useful information and the top insurance events in Asia along with the expanding sets of resources provided to AIR’s and MEIR’s audiences commended this acquisition from the very first and presented immediate potential synergies. We plan to bolster and consolidate strengths across all of our media to brighten the vitality and outlook of the business worldwide.”
Mr Sivam Subramaniam, editor-in-chief of Asia Insurance Review said, “The world of insurance and risk is an increasingly globalized one, which makes this the perfect time for us to join forces with our peers in other markets to consolidate our leadership position and to continue to serve readers and advertisers alike. AIR, which enjoyed a privileged position as the publishing arm of Singapore Reinsurance Corporation, is now taking that leap to be fully independent in the publishing world but still focussed on serving the information needs of the insurance industry. We will continue to be the voice of the insurance industry in Asia.”
Ms Sheela Suppiah, General Manager of Asia Insurance Review & Middle East Insurance Review said “We are incredibly excited to be joining such a prestigious media stable and we aim to continue to inform readers globally about the growth story of insurance and risk in Asia and the Middle East and North Africa (MENA) regions – widely recognised as the growth engine of the sector today. Our tenacity, commitment and strong relationship with our clients remain a main priority, and we look forward to being able to now offer a greater and wider range of services to the industry.”
Asia Insurance Review
After almost 30 years of service dedicated to the region’s insurance industry, Asia Insurance Review (AIR) has become a cornerstone of the sector. With unparalleled access to the C-suite of the region’s leading insurance and reinsurance players, AIR also maintains a constant dialogue with the insurance regulators of Asia.
AIR has the depth and breadth to serve as the preeminent information provider for the sector with its monthly print magazine complemented by a full suite of online and digital offering ranging from eDaily breaking news to AIR+ premium content, podcasts, videos, infographics and specialist newsletters eChina Weekly, Asia Risk Management Weekly and the ground breaking Asia Advisers Network.
AIR is the official media partner of leading industry events in Asia, including the East Asian Insurance Congress (EAIC) and the Singapore International Reinsurance Conference (SIRC) and holds the privileged position of Permanent Observer of the ASEAN Insurance Congress.
Middle East Insurance Review
Middle East Insurance Review (MEIR), launched some 15 years ago, is the number one industry publication on the ground servicing Middle East and North Africa and the broader African markets. It is the official media of the major industry events in the MENA region – such as General Arab Insurance Federation (GAIF), Federation of Afro-Asian Insurers and Reinsurers (FAIR), and supporting media to the African Insurance Organisation (AIO) conference. MEIR is the only magazine with a dedicated section on takaful, gaining a pole position as the trusted source of reliable and up-to-date news on both the conventional and takaful fronts. With the celebrated Middle East Insurance Industry Awards (MIIA), MEIR is at the center of excellence in these key markets.
Beacon International Group. Ltd.
Beacon International Group, Ltd. is a private company formed in 2019 to consolidate insurance and financial services media and resources into a new working formula that looks beyond content exporting per se to the provision of the highest level of carefully edited, curated essential information fulfilling the company’s motto ‘Leadership for Leaders … since 1889’. The date refers to the founding of Beacon’s Insurance Advocate, believed to be the oldest continually published insurance medium in the United States.
For further information, please contact Sheela Suppiah at sheela@asiainsurancereview.com or by calling +65-63723187; or Ms Rebecca McLean Beacon International Group, Ltd. Box 1010, Greenwich CT 06836, 212 808 5500 ext 113. in Greenwich, Connecticut, rebecca.mclean@cinn.com, or by calling 212 808 5500 ext 113.
© Press Release 2020
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