| | APRIL 20248IN FOCUSCHUBB & ATOME PARTNER TO BOOST CONSUMER PROTECTION IN SOUTHEAST ASIAEMPYRION DC TRANSFORMS INTO EMPYRION DIGITALChubb, a global insurance industry leader, has forged a regional partnership with Atome, a prominent digital financial services platform in Southeast Asia. This collaboration aims to enhance consumer protection across the region by jointly developing a variety of insurance offerings accessible to Atome's customer base in Singapore, Malaysia, the Philippines, and Indonesia.The inaugural insurance product, Bill Secure, is currently accessible in Singapore and is scheduled for release in Malaysia later this month. Designed for consumers utilizing buy now, pay later platforms, Bill Secure provides coverage of up to five times the transaction value for permanent disability or accidental death. In the event of a claim, the payout facilitates settlement of the purchase, with any surplus directed to the insured or their designated beneficiary.Ben Howell, Regional Head of Consumer for Asia Pacific, Chubb, said, "Chubb is committed to broadening consumer protection by introducing relevant, convenient and affordable insurance solutions digitally that protect consumers and their livelihoods. With Atome, we are leveraging technology to enable individuals and their families in Southeast Asia to access essential protection, helping to narrow the insurance protection gap in Southeast Asia".Bernard Chan, Chief Operating Officer, Atome, said, "Atome started as a buy now, pay later and embedded financing platform. Today, we have grown to become a digital financial services platform that also includes insurance, cards and lending in various markets. Whether it's embedded financing or now embedded insurance, our goal is to empower our millions of users by offering tailored products as they journey through different life stages, leveraging our unique expertise in risk-managed credit and responsible financing. Our shared approach with Chubb is another example of our commitment to enhance the overall financial well-being of our customers and our overall mission of increasing digital and financial inclusion through technology". In the second quarter of this year, Atome and Chubb are set to introduce their next insurance offering, Shopping Secure. Empyrion DC, a prominent data center platform in the Asia Pacific region, has announced a significant rebranding initiative, renaming itself as Empyrion Digital. This transformation not only entails a new name and logo but also underscores the company's ambitious vision to emerge as the leading next-generation digital infrastructure platform in Asia.The strategic shift towards Empyrion Digital reflects the company's commitment to constructing a regional network of data centers engineered for sustainability, catering to the growing demand for high-density computing workloads. This rebranding initiative positions Empyrion Digital for its next phase of focused expansion, aimed at establishing a new generation of green data centers across key markets in Asia.Founded in 2021 by Seraya Partners, a prominent Asia infrastructure fund, Empyrion DC presently operates a 12.5 MW data center in Singapore and is in the process of constructing a 40 MW facility in Seoul, South Korea, with plans for further expansion in other markets underway.Mark Fong, Chief Executive Officer of Empyrion Digital, emphasized that the rebranding effort transcends mere cosmetic changes, highlighting a strategic evolution geared towards embracing sustainability as a core principle of operations. Fong expressed the company's commitment to being "green-by-design" and investing in advanced technologies to deliver AI-ready solutions that meet the evolving needs of customers and partners across Asia.The new brand identity of Empyrion Digital embodies a forward-looking and contemporary aesthetic, featuring fresh brand colors and the integration of a leaf symbol into its logo, symbolizing the commitment to building a sustainable digital infrastructure platform.The rollout of the Empyrion Digital brand will extend across all company materials, including the launch of a new multi-lingual website. This platform will serve as a dynamic hub for showcasing corporate milestones, announcing new projects, and sharing market insights as Empyrion Digital continues its journey towards shaping the future of digital infrastructure in Asia.
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