Corporate bits | MGM expands employee development program

MGM has announced that it has expanded its intensive PRIDE training program into four specific tracks, providing opportunities to 111 local team members. A total of 45 PRIDE associates (PRIDERs) will be sent abroad for a cross-training experience this year, of which 21 Leadership PRIDE associates will take off for Las Vegas early this month.

The program is offered to high-potential employees from both of the operator’s properties in Macau and Cotai. The purpose, according to a statement from MGM, is to enhance the career and personal development prospects of local employees.

The four tracks, namely Leadership, Managerial, Specialist and Supervisory, are designed to prepare staff from different levels and departments to take on the challenges that will arise in the next stage of their career advancement.

Berkshire hathaway insurance company expands to Macau

Berkshire Hathaway Specialty Insurance Company (BHSI) announced that it has received a license to provide insurance and reinsurance in Macau and has filled key positions in its newly established Macau office.

“It is a very interesting time in Macau, with continued diversification of the territory’s economic profile,” said Marc Breuil, president of BHSI in Asia.

“We are pleased to expand our Asian footprint and bring to Macau local knowledge and expertise along with BHSI’s unique balance sheet and financial strength.”

Effective immediately, BHSI Macau will offer insurance for commercial property, energy, construction, terrorism, casualty, executive and professional lines, surety, accident and health, as well as marine insurance.