It will allocate the new funds to three key areas for growth: product innovation, social and digital marketing, and AI integration

The former CEO worked at the Canadian travel insurer for 30 years

Irma Hadikusuma, Peter Lee and Melita Teo will all begin new roles with the company

It has now surpassed threats to IT infrastructure as the top operational risk

It was founded in 1973 under the name CEGA, before Charles Taylor’s acquisition in 2016