Singapore
Here are the 5 key technologies in Asian insurers' digitalisation push
They lead in investment, in-memory analytics, and cloudbased analytics solutions.
Here are the 5 key technologies in Asian insurers' digitalisation push
They lead in investment, in-memory analytics, and cloudbased analytics solutions.
Asia still lags in insurtech amidst 169% growth in deal values
Deals in Asia-Pacific account for only 7% of the the global share.
Are you an ecosystem insurer?
Analysts say that the rewards for working in a digital ecosystem are worth the effort.
Etiqa Insurance Singapore rolls out home protection plan
In the event of a fire, policyholders can receive $3,668 cash allowance within the day.
Etiqa Insurance streamlines motor insurance claims process
The insurer claims to have slashed the approval time from as much as 2 days to 30 minutes.
Prudential Singapore rolls out insurance product for critical illness
‘PRUtriple protect’ offers a payout as high as $6.74m.
ERGO Insurance and PolicyPal unveils plan to roll out blockchain travel insurance
Customers can enjoy automated claim payouts without the hassle of filing for a claim.
Singapore government unveils revamped insurance scheme for seniors with disability
CareShieldLife will be rolled out by 2020.
Prudential Singapore to pay $100 to customers hit by GIRO deduction
Customers can expect it to be credited to their accounts by 3 June.
AIA Singapore unveils enhanced retirement policy
It features increased monthly dividends and lowered premiums.
Singapore listed insurance trio posts 8.6% return in May
The three insurers performed strongly despite intensified competition.
HSBC Insurance rolls out digital insurance platform
It currently offers two life insurance solutions.
Tokio Marine Singapore enhances chatbot with calculator feature
Users can now see for themselves the gap between their income and insurance coverage.
Singapore life insurance premiums up 14% to $689.23m in Q1
Linked policies led the charge after surging 82% in Q1.
AXA Insurance appoints Sean Goh as managing director of Life Strategic Business Unit in Singapore
He takes over from Neil Frith who will be moving to a new role based in Spain.
Singapore battered by massive $669.97b mortality and critical illness gap
This represents the gap residents must cover in case of emergencies rendering them unable to work and provide for their families' financial needs.
Great Eastern profits ballooned 68% to $115.02m in Q1
Thanks to the insurer’s booming business in Singapore.
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Industry executives at Insurance Asia Forum 2024 push the digital mindset in developing an efficient ecosystem.
