tag:blogger.com,1999:blog-80902827882358486982024-03-02T22:45:43.008-08:00Insurance E-MartInsurance. Nothing else. Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.comBlogger152125tag:blogger.com,1999:blog-8090282788235848698.post-56181228707341245752023-01-01T21:46:00.004-08:002023-01-01T21:46:21.037-08:00Useful Insurance, Financial Sites for You<p> Life Insurance Association of Singapore: <a href="https://www.lia.org.sg/">https://www.lia.org.sg/</a></p><p>General Insurance Association Of Singapore: <a href="https://gia.org.sg">https://gia.org.sg</a>/ </p><p>Monetary Authority of Singapore: <a href="https://www.mas.gov.sg/">https://www.mas.gov.sg/</a> </p><p>Investor Alert List - Monetary Authority of Singapore: <a href="https://www.mas.gov.sg/investor-alert-list">https://www.mas.gov.sg/investor-alert-list</a></p><p>Financial Industry Disputes Resolution Centre: <a href="https://www.fidrec.com.sg/">https://www.fidrec.com.sg/</a></p><p><br /></p>Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com12tag:blogger.com,1999:blog-8090282788235848698.post-31504839792113920322018-07-24T20:26:00.004-07:002018-07-24T20:26:43.950-07:00MAS directs financial institutions to tighten customer verification process<div style="background-color: white; border: 0px; clear: both; color: #8c6111; font-stretch: inherit; font-variant-east-asian: inherit; font-variant-numeric: inherit; line-height: 1.2em; margin: 0px 0px 10px; padding: 0px; vertical-align: baseline;">
<span style="color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 18.24px;">The Monetary Authority of Singapore (MAS) has issued a <b>circular to all financial institutions</b>, directing them to tighten their customer verification processes. </span></div>
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<span style="color: #333333; font-family: Arial, Helvetica, sans-serif; font-size: 18.24px;">This follows the recent cyber attack at SingHealth where personal information of 1.5 million individuals was illegally accessed and stolen.</span></div>
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For access to online financial services, banks in Singapore are already required to put in place two-factor authentication (e.g. PIN and One-Time-Password) at login to identify their customers. Banks are also required to implement an additional layer of control to authorise high-risk transactions.</div>
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Financial institutions also have in place robust measures to verify customer identity. Personal information (name, NRIC number, address, date of birth, etc) is generally not used as the sole means of verification by financial institutions as these are often freely given out by members of the public for various purposes, such as when filling out lucky draw coupons or surveys.</div>
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However, to address any risk that the information stolen from SingHealth may be used by fraudsters to impersonate customers and perform unauthorised financial transactions, MAS has directed financial institutions to tighten their customer verification processes. Specifically, with immediate effect, all financial institutions should not rely solely on the types of information stolen (name, NRIC number, address, gender, race, and date of birth) for customer verification. Additional <a name='more'></a>information must be used for verification before undertaking transactions for the customer. This may include, for instance, One-Time Password, PIN, biometrics, last transaction date or amount, etc.</div>
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MAS has also directed all financial institutions to conduct a risk assessment of the impact of the SingHealth incident on their existing control measures for financial services offered to customers, including transaction and inquiry functions. Financial institutions are to take immediate steps to mitigate any risks that might arise from the misuse of the compromised information. MAS will engage financial institutions on their risk assessments and mitigation steps.</div>
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Mr Tan Yeow Seng, MAS’ Chief Cyber Security Officer said, “MAS will work closely with the financial institutions to ensure that robust cyber defences are in place so that customers can carry out online financial transactions with confidence. But customers must also play their part. They must safeguard their passwords and practise good cyber hygiene. If they suspect any fraudulent transactions in their accounts, they should notify their banks immediately.”</div>
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Consumers can refer to the Gosafeonline webpage for cybersecurity tips and the SingCERT webpage for alerts and advisories on cybersecurity issues.</div>
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com6tag:blogger.com,1999:blog-8090282788235848698.post-80522004900359432922018-04-11T18:57:00.000-07:002018-04-11T18:57:03.395-07:00Etiqa maintains its record of delivering strong returns for participating policyholders with an impressive net investment return of 10.99% in 2017<span style="font-family: Verdana, sans-serif;">•<span style="white-space: pre;"> </span>Etiqa's consistent, long-term approach to the management of its participating fund continued to benefit policyholders during 2017.</span><br />
<span style="font-family: Verdana, sans-serif;">•<span style="white-space: pre;"> </span>Assets under management grew to S$385.8 million in 2017, an increase of 133% over 2016.</span><br />
<span style="font-family: Verdana, sans-serif;">•<span style="white-space: pre;"> </span>Etiqa's participating policies continue to be an attractive financial option to meet the protection, savings and legacy needs of its customers.</span><br />
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<span style="font-family: Verdana, sans-serif;">SINGAPORE - 12 April 2018 - <b>Etiqa Insurance</b> is pleased to announce record performance for its <b>participating life insurance funds</b> for the year ending 31st December 2017. The progressive insurer delivered a net investment return of 10.99% in 2017, almost three times 2016's achievement.</span><br />
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<span style="font-family: Verdana, sans-serif;"><b>Sue Chi Kong, Chief Executive Officer of Etiqa Insurance Pte. Ltd</b>. said, "Our participating fund has had another successful year's performance in 2017, yet again reinforcing the benefits of investing in our well-managed and financially strong fund. On the back of strong economic data and positive investment markets, we have achieved our highest ever net investment return for the fund. With our strategic asset allocation across equities and bonds, we are well positioned to continue to provide stable returns for our customers for years to come. As the macroeconomic conditions are expected to remain positive this year, we aim to create even more value for our policyholders by maximising investment returns within the participating fund." </span><br />
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<span style="font-family: Verdana, sans-serif;">Customers who purchased Etiqa's participating policies continue to benefit from stable, smoothed returns. Etiqa's prudent management of its participating fund's investments saw assets under management grow, with the market value of policy assets held by the fund amounting to S$385.8 million as at 31st </span><br />
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<a name='more'></a><span style="font-family: Verdana, sans-serif;">December 2017, an increase of approximately 133% over 2016.</span><br />
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<span style="font-family: Verdana, sans-serif;">This outstanding fund performance demonstrates Etiqa's commitment to placing people over policies and helping its customers achieve their financial goals. As the insurance arm of Maybank Group, Etiqa ensures its participating fund invests in a well balanced mix of assets. Smoothing of investment returns helps to diversify risk for policyholders and allows the insurer flexibility to react to market changes to provide stable medium to long term returns, while maintaining the financial health of the fund.</span><br />
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<span style="font-family: Verdana, sans-serif;">Etiqa's participating fund is managed by Maybank Asset Management Singapore Pte. Ltd., a fully owned subsidiary of Maybank Asset Management Group Berhad. The group manages assets in excess of US$7.7 billion (as at 31st December 2017).</span><br />
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<span style="font-family: Verdana, sans-serif;">For more information on Etiqa, visit <a href="http://www.etiqa.com.sg/">www.etiqa.com.sg</a>. </span><br />
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-35174157628521842922018-03-21T23:42:00.000-07:002018-03-21T23:42:01.618-07:00Etiqa Launches First-ever Free In-flight Insurance for Singapore Travellers <span style="font-family: Verdana, sans-serif;">•<span style="white-space: pre;"> </span>The first free in-flight insurance that includes up to S$50,000 in personal accident coverage</span><br />
<span style="font-family: Verdana, sans-serif;">•<span style="white-space: pre;"> </span>Provides coverage upon three hours flight delay with an add-on of just S$4, across all flights </span><br />
<span style="font-family: Verdana, sans-serif;">•<span style="white-space: pre;"> </span>Allows instantaneous travel claims encashment via PayNow </span><br />
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<span style="font-family: Verdana, sans-serif;"><b>Etiqa</b>, Singapore’s leading online insurer, launched <b>Singapore’s first free in-flight insurance service for travellers</b>, bringing them peace of mind while on vacation. It also introduced a flight delay add-on – for just S$4, travellers can receive benefits upon a flight delay of just 3 consecutive hours, less than half the industry average of 6 to 12 hours. </span><br />
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<span style="font-family: Verdana, sans-serif;">Eligible for all Singapore Outbound Travellers , the free in-flight insurance solution includes up to S$50,000 in personal accident (inflight accidental death) coverage. In addition, the flight-delay top-up, allows travellers to claim up to S$300 for flight delay . This complements Etiqa’s existing ePROTECT travel policy coverage, which currently also include coverage for both in-flight and flight delays, customers will receive coverage across all airlines and flights.</span><br />
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<span style="font-family: Verdana, sans-serif;">“According to a survey conducted by the Singapore Tourism Board, <b>about 10% of consumers have never purchased travel insurance</b> despite being aware of the importance of a policy,” said Sue Chi Kong, Chief Executive Officer of Etiqa Insurance Singapore. “With our extended service offering of a free inflight insurance service, we hope to educate travellers on the value and importance of travel insurance coverage, encouraging them to consider protecting themselves - even when the cost is kept to a minimum, or absolutely free.”</span><br />
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<span style="font-family: Verdana, sans-serif;">According to FlightStats, 20,671 flights were cancelled and 177,352 delayed in Asia-Pacific alone during a 30 day period from 10 February to 12 March 2018. Globally, this number rises to over 60,000 flights cancelled, and over 630,000 flights delayed during the same period. Last year, Etiqa processed more than 1,500 travel claims within one day following the launch of its straight-through claims processes in July 2017 – Out of which 17% were processed due to travel delays. A real-time flight monitoring system was also implemented at the same time to enable auto-flight delay claims for its customers. </span><br />
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<span style="font-family: Verdana, sans-serif;"><b>From now till 31 March 2018</b>, travellers can simply apply for the free inflight </span><br />
<a name='more'></a><span style="font-family: Verdana, sans-serif;">plan and flight delay benefit via Etiqa's website and stand a chance to win a $250 Changi gift card. Following the application, Etiqa will monitor their flight status, updating travellers of delays via SMS. To enjoy full protection, travellers can simply purchase any of Etiqa’s comprehensive ePROTECT travel plans.</span><br />
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<span style="font-family: Verdana, sans-serif;"><b>eWallet on TiqConnect</b></span><br />
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<span style="font-family: Verdana, sans-serif;">Claims are seamlessly processed through eWallet on TiqConnect, Etiqa’s online portal that allows customers to manage their claims and policies. As a personal account for customers, the eWallet balance can be used to purchase new policies, renewals, or encash claims. From 19 March, existing customers can also enjoy instantaneous encashment via - PayNow, along with the current encashment via IDEALRAPID (bank transfer) .</span><br />
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<span style="font-family: Verdana, sans-serif;"><b>Etiqa Insurance, one of Singapore’s fastest-growing brands</b></span><br />
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<span style="font-family: Verdana, sans-serif;">Etiqa was formally ranked among Singapore’s 1000 corporations and SMEs based on solid financial performance in the 2018 Singapore 1000 rankings. The insurer was also recognised as Singapore’s Most Innovative Finance Firm in the 2018 World Finance Markets Awards. In 2017, Etiqa saw record 505% annual growth in online revenues from its financial products. Last year, Etiqa helped more than 70,000 customers purchase products online, and successfully approved more than 90% of submitted claims within one day. </span><br />
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<span style="font-family: Verdana, sans-serif;">For more information around <b>ePROTECT travel</b>, visit <a href="http://www.etiqa.com.sg/">www.etiqa.com.sg</a>.</span><br />
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<span style="font-family: Verdana, sans-serif;">To access the TiqConnect homepage, click <a href="https://www.etiqa.com.sg/sso/Account/Login/778234A1-BB5E-47EB-8219-821211862A2D/Customer" target="_blank">here</a>. </span><br />
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<span style="font-family: Verdana, sans-serif;"><b>About Etiqa </b></span><br />
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<span style="font-family: Verdana, sans-serif;">Etiqa Insurance Pte. Ltd. is a licensed life and general insurance company registered in the Republic of Singapore and regulated by the Monetary Authority of Singapore (MAS). In July 2017, Fitch affirmed the company’s “A-” rating for its financial strength and stable outlook. </span><br />
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<span style="font-family: Verdana, sans-serif;">Etiqa has been protecting Singaporeans since 1961 with a range of general insurance solutions that constantly evolve to meet their ever-changing needs. As the appointed insurer for the Housing Development Board (HDB) Fire Insurance Scheme in Singapore, we have been protecting homes since 2009. In August 2014, we added a comprehensive suite of life insurance solutions to our stable of products. </span><br />
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<span style="font-family: Verdana, sans-serif;">Etiqa is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, one of Asia’s leading banking groups with more than 22 million customers worldwide in 20 countries; and 31% by Ageas, an international insurance group with 33 million customers across 16 countries and a heritage that spans over 180 years, with a focus to provide world class insurance solutions to consumers in Europe and Asia through market leading joint ventures. </span><br />
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-17497038165675724172018-03-15T20:17:00.000-07:002018-03-15T20:17:19.650-07:00AIG Singapore is the first in the general insurance industry to launch claims payment via PayNow<span style="font-family: Verdana, sans-serif;"><b>AIG Asia Pacific Insurance Pte. Ltd. (AIG Singapore)</b>’s customers can now <b>submit travel insurance claims online</b> and request to receive the insurance claims payment via PayNow.</span><br />
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<span style="font-family: Verdana, sans-serif;">PayNow is an electronic fund transfer service available to customers of any of the seven participating banks: Citibank Singapore Limited, DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank, and United Overseas Bank. </span><br />
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<span style="font-family: Verdana, sans-serif;">AIG Singapore’s travel insurance policyholders can now receive travel claims payout by simply providing their PayNow registered mobile number or NRIC/FIN number for the funds to be transferred to their account with these participating banks.</span><br />
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<span style="font-family: Verdana, sans-serif;">AIG Singapore is the first insurer to enable claims payment through PayNow on an enterprise to individual platform via DBS Bank (DBS) through IDEAL RAPID, a market-shaping application programming interface (API)-based instant settlement solution. Customers can now receive travel claims almost instantaneously upon the claims being approved.</span><br />
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<span style="font-family: Verdana, sans-serif;">Ms Cady Ho, AIG Singapore’s Vice President, Chief Claims and Customer Officer, said, “PayNow is a very convenient payment platform that will benefit almost 30,000 of AIG Singapore’s travel policyholders. We have plans to progressively roll out this claims payment service to our other products so that more customers can benefit from the convenience of faster claims payment and seamless claims experience.”</span><br />
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<span style="font-family: Verdana, sans-serif;">Mr Benjamin Yeo, DBS Managing Director and Head of Insurance Coverage, said that PayNow brings the promise of digitalisation to customers. “Policyholders can now benefit from a simpler, faster and more convenient claims process. In today’s “instant” economy, customers also don’t have to deal with the extra step of providing their bank account details, or banking in their cheques and then waiting for them to be cleared. Instead, they can now receive their claims immediately upon approval. We are pleased to support the industry’s forward-looking efforts in enhancing customer experience.”</span><br />
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<span style="font-family: Verdana, sans-serif;">Ms Claudia Salem, CEO of AIG Singapore and Head of Country Operations Southeast Asia said, “Sending money electronically instead of issuing paper cheques is a tablestakes capability in this day and age. This enhancement is one of many, as part of AIG Singapore’s prioritised roadmap in modernising our insurance services. The launch of the PayNow service for claims payments not only improves customer convenience but also aligns with our sustainability agenda to reduce AIG’s carbon footprint.”</span><br />
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<span style="font-family: Verdana, sans-serif;">Today,<b> most of AIG Singapore’s personal insurance products and claims services are available online</b>, and by 2020, they estimate that half a million personal insurance policies will be transacted electronically1. Paying claims electronically allows customers to enjoy seamless digital insurance experience which is expected to be the future of the industry for most consumer general insurance products.</span><br />
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com6tag:blogger.com,1999:blog-8090282788235848698.post-30998173669415883452018-01-18T19:42:00.000-08:002018-01-18T19:42:17.830-08:00Opportunities and challenges for the health insurance industry<span style="font-family: "verdana" , sans-serif;">Commenting on the opportunities and challenges for the <b>health insurance industry</b> in 2018, Jason Sadler, President, <b>Cigna International Markets</b>, says:</span><br />
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<span style="font-family: "verdana" , sans-serif;">The global health market is larger and more complex than ever. We see two macro trends which are impacting the global growth and delivery of <b>health insurance and wellness products</b> – the aging population and rapid developments in digital technology.</span><br />
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<span style="font-family: "verdana" , sans-serif;"><b>Aging Population: </b></span><br />
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<span style="font-family: "verdana" , sans-serif;">We see a huge opportunity for health insurers when it comes to older customers. We’ve been conditioned to believe that economic and societal growth is driven by the aspirations of the young, however, there’s a ‘’silver lining”. </span><br />
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<span style="font-family: "verdana" , sans-serif;">The global spending power of over 60s is expected to reach $15 trillion globally within two years, representing a powerful wave of opportunity. Aging is one of the key topics in the 2017 <b>Cigna 360o Well-being Survey</b> which revealed that 20-25% want to work and volunteer after official retirement.</span><br />
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<span style="font-family: "verdana" , sans-serif;"><b>Keeping up with Rapid Development in Digital Technology: </b> </span><br />
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<span style="font-family: "verdana" , sans-serif;">Today’s technology makes it possible for consumers to contact their healthcare providers via multiple channels, and expectations for quick and personalized responses are soaring. </span><br />
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<span style="font-family: "verdana" , sans-serif;">Our 2017 Cigna 360o Well-being Survey, which tracks the health and well-being of individuals around the world, tells us that people are relying more on digital technology for their healthcare needs. </span><br />
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<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>78% of people surveyed believe digital technology can bring good health to more people. </span><br />
<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>59% of respondents either use a health app or plan to use one in the next 12 months.</span><br />
<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>67% said they would be happy to use a ‘robotic doctor’ if the cost is lower than a human doctor. </span><br />
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<span style="font-family: "verdana" , sans-serif;">It’s clear that our customers are embracing technology, which is why we are investing heavily in digital technology to deliver tailored solutions that enhance customers’ health and well-being, and allow us to serve them even better.</span><br />
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com194tag:blogger.com,1999:blog-8090282788235848698.post-91190189335938477042018-01-08T08:42:00.000-08:002018-01-08T08:42:30.457-08:003rd Asia Trusted Life Agents & Advisers Awards launches with support of Philippines Insurance Commissioner<span style="font-family: "Calibri",sans-serif;">The search for the <b>best in
life insurance agency and advisory</b> across the region kicks off today with the
launch of the <b>3rd Asia Trusted Life Agents & Advisers Awards</b> with the
support of Mr Dennis B Funa, Insurance Commissioner of the Philippines, as Guest
of Honour for the Awards.</span><span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><o:p></o:p></span><br />
<span style="font-family: "Calibri",sans-serif;"><br /></span>
<span style="font-family: "Calibri",sans-serif;">Organised by <i><a href="http://www3.asiainsurancereview.com/" target="_blank">Asia Insurance Review</a></i> and <i><a href="http://www.asiaadvisersnetwork.com/" target="_blank">Asia Advisers Network</a></i> with LIMRA as
co-organiser, the Awards is a truly regional platform. Over the past two
editions we have seen winners from eight markets: China, Hong Kong, India,
Malaysia, Singapore, Taiwan, Thailand and Vietnam.</span><span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><o:p></o:p></span><br />
<span style="font-family: "Calibri",sans-serif;"><br /></span>
<span style="font-family: "Calibri",sans-serif;">Mr Mark Tucker, Group
Chairman, HSBC Holdings, is Patron of the Awards, which offers a neutral
platform to shine the spotlight on the unsung heroes and heroines of the
insurance industry beyond production figures and highlight the role of agents
and advisers even in the digital era.</span><span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><o:p></o:p></span><br />
<span style="font-family: "Calibri",sans-serif;"><br /></span>
<span style="font-family: "Calibri",sans-serif;">The Awards categories are:</span><span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><o:p></o:p></span><br />
<ul type="disc">
<li class="MsoNormal"><span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><b><i>Insurance Agent of the Year<o:p></o:p></i></b></span></li>
<li class="MsoNormal"><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt;"><b><i>Financial
Adviser of the Year<o:p></o:p></i></b></span></li>
<li class="MsoNormal"><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt;"><b><i>Rookie Insurance
Agent of the Year<o:p></o:p></i></b></span></li>
<li class="MsoNormal"><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt;"><b><i>Insurance Agency
Leader of the Year<o:p></o:p></i></b></span></li>
<li class="MsoNormal"><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt;"><b><i>Rookie Insurance
Agency Leader of the Year<o:p></o:p></i></b></span></li>
<li class="MsoNormal"><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt;"><b><i>Inspirational
Agent/Leader of the Year<o:p></o:p></i></b></span></li>
<li class="MsoNormal"><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt;"><b><i>Digital
Agent/Agency Leader of the Year<o:p></o:p></i></b></span></li>
<li class="MsoNormal"><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt;"><b><i>Lifetime
Achievement<o:p></o:p></i></b></span></li>
<li class="MsoNormal"><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt;"><b><i>Affinity/Bank
Partner of the Year<o:p></o:p></i></b></span></li>
<li class="MsoNormal"><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt;"><b><i>Technology
Provider of the Year for Agents<o:p></o:p></i></b></span></li>
<li class="MsoNormal"><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt;"><b><i>Insurance
Company of the Year for Agents<o:p></o:p></i></b></span></li>
<li class="MsoNormal"><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt;"><b><i>Executive
Champion of the Year</i></b><o:p></o:p></span></li>
</ul>
<span style="font-family: "Calibri",sans-serif;">The transparent and
independently-audited judging process counts some 20 judges drawn from industry
leaders and experts on the judging panel.</span><span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><o:p></o:p></span><br />
<span style="font-family: "Calibri",sans-serif;"><br /></span>
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<span style="font-family: "Calibri",sans-serif;">AIA is Strategic Partner of the Awards
and supporting organisations include: Association of International Life Offices
(AILO), The Hong Kong Federation of Insurers (HKFI), Philippine Life Insurance
Association (PLIA), Financial Services Managers’ Association (FSMA) Singapore,
Insurance Association of Sri Lanka (IASL), Life Underwriters Association of
Hong Kong (LUAHK), International Insurance Society (IIS) and Singapore
Insurance Institute (SII).</span><span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><o:p></o:p></span></div>
<span style="font-family: "Calibri",sans-serif;">Nominations close on 28
February 2018. For more information on the Awards and how to apply, visit: </span><span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><a href="http://www.asiaadvisersnetwork.com/Awards"><span style="color: #0563c1; font-family: "Calibri",sans-serif; font-size: 12.0pt;">http://www.asiaadvisersnetwork.com/Awards</span></a><o:p></o:p></span><br />
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<span style="font-family: "Calibri",sans-serif;">Winners will be announced at a Gala
Dinner in Manila on 7 May 2018 to be held in conjunction with the 29th East
Asian Insurance Congress.</span><span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><o:p></o:p></span></div>
<span style="font-family: "Calibri",sans-serif; font-size: 11.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-theme-font: minor-bidi; mso-fareast-language: EN-US; mso-hansi-theme-font: minor-latin;"><br /></span>
<span style="font-family: "Calibri",sans-serif; font-size: 11.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-theme-font: minor-bidi; mso-fareast-language: EN-US; mso-hansi-theme-font: minor-latin;">For more information
on the awards, visit</span> <u><span style="color: #0563c1; font-family: "Calibri",sans-serif; font-size: 11.0pt; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-theme-font: minor-bidi; mso-fareast-language: EN-US; mso-hansi-theme-font: minor-latin;"><a href="http://www.asiaadvisersnetwork.com/Awards">http://www.asiaadvisersnetwork.com/Awards</a></span></u>
or<span style="font-family: "Arial",sans-serif; font-size: 10.0pt;"><o:p></o:p></span><br />
<b><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt; mso-ansi-language: EN-SG; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;"><br /></span></b>
<b><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt; mso-ansi-language: EN-SG; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;">Contact:</span></b><span style="font-family: "Calibri",sans-serif; font-size: 11.0pt; mso-ansi-language: EN-SG; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin; mso-hansi-theme-font: minor-latin;"><br />
Mr Mohamad Hyqel<br />
Awards Administrator, Asia Insurance Review <br />
</span><u><span style="color: #0563c1; font-family: "Times New Roman",serif; font-size: 12.0pt; mso-ansi-language: EN-SG; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin;"><a href="mailto:lifeawards@asiainsurancereview.com">lifeawards@asiainsurancereview.com</a>.</span></u><br />
<u><span style="color: #0563c1; font-family: "Times New Roman",serif; font-size: 12.0pt; mso-ansi-language: EN-SG; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin;"><br /></span></u>
<u><span style="color: #0563c1; font-family: "Times New Roman",serif; font-size: 12.0pt; mso-ansi-language: EN-SG; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin;"><br /></span></u>
<u><span style="color: #0563c1; font-family: "Times New Roman",serif; font-size: 12.0pt; mso-ansi-language: EN-SG; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US; mso-fareast-theme-font: minor-latin;"><br /></span></u>
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-58515850290030174962018-01-03T08:38:00.000-08:002018-01-03T08:38:30.316-08:00AIG SINGAPORE LAUNCHES NEW ONLINE TRAVEL INSURANCE <h2>
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<span style="font-family: "verdana" , sans-serif;">AIG SINGAPORE LAUNCHES NEW ONLINE TRAVEL INSURANCE BACKED BY DATA AND CUSTOMER INSIGHTS</span></h2>
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<span style="font-family: "verdana" , sans-serif;">Direct platform provides real-time claims data and recommends insurance policy that most suits customer needs</span></h4>
<b>AIG Asia Pacific Insurance Pte. Ltd.</b> (AIG Singapore) has launched a new <b>online travel insurance product</b> – <b>Travel Guard® Direct</b> – that leverages data to provide customers with valuable insights on their destination countries.<br />
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The product is the first in Singapore to allow customers access to real-time claims information for top destination countries across Asia Pacific, the United States and United Kingdom, so that customers can better understand travel risks, and make informed choices about the level of coverage they need.<br />
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An innovation of the standard Travel Guard plans, the new product is priced according to destination, duration and age, so customers can benefit from more accurate, effective pricing based on the risks involved. This also simplifies the travel insurance purchase experience as customers can now select a plan by travel destination, instead of figuring out which zone their destination belongs to.<br />
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This product is the latest in AIG Singapore’s initiatives to digitise the customer journey from purchase to claims, bringing greater efficiency and convenience. This follows a tie-up with DBS to offer instant travel insurance claims e-payment.<br />
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Mr Ignatius Chng, Vice-President and Head of Group Personal Insurance, AIG Singapore, said Travel Guard Direct was developed with a more customer-centric experience in mind and is part of the company’s ongoing digital transformation efforts to use technology to meet changing customer needs.<br />
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“As a market leader in travel insurance, we wanted to harness our data and digital capabilities to profile customers more effectively and deliver more relevant solutions. As customers are more digitally savvy, they prefer bite-sized information and fuss-free online purchases. With Travel Guard Direct, we hope to create a more personalised experience that reflects each individual’s preferences and circumstances.” Mr Chng said.<br />
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Real-time information on the platform include claims for top destinations; for example, top claims for travellers to Thailand tend to be medically related while those for the United Kingdom are baggage-related.<br />
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Designed for different travelling styles, Travel Guard Direct provides four travel insurance plan types: Basic, Standard, Enhanced and Supreme.<br />
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Customers can select either a return or one-way trip option, while the Enhanced and Supreme plans include an add-on Cruise Vacation Benefit, which provides customers with cover on their cruise vacations by topping up as little as S$3.<br />
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Customers will also be able to submit and receive claims, as well as view price comparisons for individual trips and annual policies on AIG Singapore’s website.<br />
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To purchase a Travel Guard Direct plan, please visit: <a href="http://www.aig.com.sg/travelguard">www.aig.com.sg/travelguard</a>.<br />
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com7tag:blogger.com,1999:blog-8090282788235848698.post-10112110418518843472017-12-25T17:49:00.002-08:002017-12-25T17:50:05.361-08:00Aviva-COFCO launches big data laboratory in collaboration with Tencent Financial Cloud Cooperation set to capture digital insurance opportunities<span style="font-family: "verdana" , sans-serif;"><b>Aviva-COFCO Life Insurance</b> (“Aviva-COFCO”) and <b>Tencent Financial Cloud</b> today announced a strategic partnership to jointly set up the “Tencent Financial Cloud - Aviva-COFCO Big Data Laboratory” ("Laboratory”) in China. The newly established Laboratory will focus on combating financial fraud through financial cloud computing, providing artificial intelligence (AI) in customer service and improving risk management. </span><br />
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<span style="font-family: "verdana" , sans-serif;">The partnership aligns with Aviva’s “Digital First” strategy, and Aviva-COFCO decided to collaborate with Tencent Financial Cloud to capture increasing opportunities presented by big data and digital itonsurance. AI, cloud computing, big data and blockchain are already gaining traction in China’s financial sector where implementation of its national big data strategy will further accelerate the pace of digitalisation across the country.</span><br />
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<span style="font-family: "verdana" , sans-serif;">Richard Yu, Aviva-COFCO’s President said:</span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;">“Our strategic partnership combines the power of Aviva-COFCO’s financial data with big data analytics expertise of Tencent Financial Cloud. This synergy will disrupt the financial services industry and provide convenient, fast, comprehensive and attractive financial products and services to corporate and individual customers.”</span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;">As part of its “Digital First” strategy, Aviva invests approximately £100 million in digital transformation every year. It has set up Digital Garages worldwide to innovate, explore, and test new digital insurance ideas, as well as provide capability support and drive digital initiatives across its businesses, including Aviva-COFCO, in which Aviva owns a 50% stake. In January this year, Aviva has also announced an agreement with Hillhouse Capital and Tencent to launch a digital insurance company in Hong Kong.</span><br />
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<span style="font-family: "verdana" , sans-serif;">Aviva-COFCO has been an early adopter of innovation and big data applications in insurance. Since 2014, the company has set up a dedicated big data team and an independent online sales department which have conducted pilot projects on various areas including data analysis, AI in customer service and innovative product design. To serve a wider business community, it is planning to launch an independent intermediary that is based on big data and driven by internet technology in 2018.</span><br />
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<span style="font-family: "verdana" , sans-serif;">Tencent Financial Cloud has rich experience in cloud computing, big data and AI. As part of its work on integrated solutions for the insurance sector, it has also carried out innovative trials in areas such as insurance risk control, claims, customer service and sales. </span><br />
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<span style="font-family: "verdana" , sans-serif;">The Laboratory plans to work in the following areas:</span><br />
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<span style="font-family: "verdana" , sans-serif;"></span><br />
<a name='more'></a><span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>Anti-fraud. Through financial cloud computing, Aviva-COFCO will use Tencent Financial Cloud’s big data analytics to identify financial fraud and improve customer’ risk models in ways that can be directly applied in underwriting.</span><br />
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<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>AI in customer service. Using Tencent Financial Cloud’s insurance customer service robot, Aviva-COFCO will perform multi-faceted application trials in its comprehensive smart system, including using big data to analyse frequently-asked questions of customers, smart association and information exchange.</span><br />
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<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>Risk control system. Aviva-COFCO will leverage Tencent Financial Cloud to improve risk control models and multi-dimensional customer profiling, which will be applied in underwriting and claim assessment processes.</span><br />
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<span style="font-family: "verdana" , sans-serif;"><b>Aviva Asia</b>: </span><br />
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<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>Aviva operates in seven markets in Asia (Singapore, China, Indonesia, Hong Kong, Vietnam, India and Taiwan).</span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>Aviva is a top tier insurer in Singapore and one of the biggest providers of employee benefits and healthcare insurance. </span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>As at 30 June 2017, Aviva-COFCO ranked number 9 among 27 foreign life insurers in China in terms of APE, operating in 14 provinces with over 89 branches.</span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>In Indonesia, Astra Aviva Life is an equal joint venture between Aviva and Astra International, one of Indonesia’s largest diversified conglomerates, to sell and distribute insurance products.</span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>Aviva has had a presence in Hong Kong for more than 150 years. In January 2017, Aviva entered a joint venture partnership with Hillhouse Capital and Tencent to develop an insurance company, focusing on digital insurance.</span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>In Vietnam, Aviva acquired the 50% shareholding of VietinAviva from VietinBank in April 2017 to establish Aviva Vietnam Life Insurance Company Limited, a wholly own subsidiary of Aviva. </span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>Aviva partners in India with the Dabur Group, one of India’s oldest and most respected business houses and one of the largest producers of traditional healthcare products, and has a distribution network of over 100 branches and 13,500+ financial planning advisers.</span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>In October 2017, Aviva announced selling its entire shareholding in First Aviva Life to First Financial Holding Co. Ltd., its joint venture partner in Taiwan. </span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;"></span><br />
<span style="font-family: "verdana" , sans-serif;">•<span style="white-space: pre;"> </span>In July 2017, Aviva announced the sale of Friends Provident International. </span><br />
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-59097056459896377862017-12-19T00:25:00.000-08:002017-12-19T00:25:13.491-08:00Etiqa launches new year-end campaign for online insurance savings plans EASY save series in Singapore<h2>
<span style="font-family: Verdana, sans-serif; font-size: small;">Etiqa launches new year-end campaign for online insurance savings plans EASY save series with highest interest rates in the market of up to 3.14% p.a.</span></h2>
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<span style="font-family: Verdana, sans-serif;">Singapore - Customers can now enjoy the best interest rates in the market of up to 3.14% p.a. with Etiqa's new series of <b>online insurance savings</b> solutions -- EASY save, through the progressive insurer's new "No Pain. Just Gains." campaign. </span></div>
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<span style="font-family: Verdana, sans-serif;">From now till 31 December 2017, the campaign offers attractive interest rates with two savings solutions - </span></div>
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<span style="font-family: Verdana, sans-serif;"><b>eEASY save</b> for the financially savvy, where customers can enjoy high guaranteed returns of 2.23% per annum over a policy term of 6 years, and </span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b><br /></b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>eEASY savepro</b> for the financially adventurous, where customers can yield higher potential returns of up to 3.14% per annum, with a policy term of 7 years. </span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="margin-left: auto; margin-right: auto; text-align: center;"><tbody>
<tr><td style="text-align: center;"><a href="https://1.bp.blogspot.com/-tuJJ-Ba1xWQ/WjjMhNlpH2I/AAAAAAAABhQ/wLnvnL1ojT8C06lCEaM_Hrjagql46wbVQCLcBGAs/s1600/10338-EtiQa_InsuranceBlack_text_smiley_yellow.jpg.jpeg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><img border="0" data-original-height="534" data-original-width="1600" height="106" src="https://1.bp.blogspot.com/-tuJJ-Ba1xWQ/WjjMhNlpH2I/AAAAAAAABhQ/wLnvnL1ojT8C06lCEaM_Hrjagql46wbVQCLcBGAs/s320/10338-EtiQa_InsuranceBlack_text_smiley_yellow.jpg.jpeg" width="320" /></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;">Etiqa Insurance Logo</td></tr>
</tbody></table>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Customers can now enjoy higher upfront premium discount and are empowered to choose between making a lump sum or a 2-year premium payment. In addition, for this festive season, Etiqa is giving away up to $1,500 worth of gift vouchers upon purchase. </span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><a name='more'></a> </span></div>
<div>
<span style="font-family: Verdana, sans-serif;">The above is an affirmation of Etiqa's commitment to placing people over policies and providing competitive rates to its customers. Designed to tailor to the customer's savings appetite, savings horizon and aspirations, the EASY save series is available for online purchase in just a few clicks, providing ease and accessibility for today's digitally savvy consumer. </span></div>
<div>
<span style="font-family: Verdana, sans-serif;"> </span></div>
<div>
<span style="font-family: Verdana, sans-serif;">"We recognise that consumers' appetite towards financial planning and investments may differ. With the EASY save series, we do the heavy lifting for our customers with attractive interest rates tailored for both plans, so they can grow their financial assets with ease while reaping the rewards with minimal effort required. With direct purchase online, insuring and saving for the important things in life has never been easier," said Sue Chi Kong, Chief Executive Officer of Etiqa Insurance Pte. Ltd. </span></div>
<div>
<span style="font-family: Verdana, sans-serif;"> </span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Etiqa believes in their brand promise of <b>humanising insurance</b> and continues to deliver exceptional solutions and services with the aim to significantly improve the lifestyles of their customers. "We have also been accelerating in our digitalisation journey, especially with the recent launch of our eWallet service that enables consumers across multiple banks to instantly credit and encash insurance claims online in real time. We are also the first insurer to integrate with 'MyInfo', a digital data vault launched by the Government Technology Agency of Singapore and the Ministry of Finance, enabling consumers to purchase insurance in record time," added Sue. </span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Etiqa is currently the <b>only insurer that offers participating insurance savings plan online in the market with eEASY savepro</b>. </span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">For more information, visit the EASY save series webpage or <a href="http://www.etiqa.com.sg/">www.etiqa.com.sg</a>. </span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b><u><span style="color: #666666;">Appendix: Product Summary </span></u></b><span style="color: #666666;"><o:p></o:p></span></span><br />
<br />
<table border="1" cellpadding="0" cellspacing="0" class="MsoNormalTable">
<tbody>
<tr>
<td colspan="2" style="padding: 0cm 0cm 0cm 0cm;" valign="top">
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><b><span style="color: #666666;">eEasy save</span></b><span style="color: #666666;"><o:p></o:p></span></span></div>
</td>
</tr>
<tr>
<td style="padding: 0cm 0cm 0cm 0cm;" valign="top">
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><b><span style="color: #666666;">Premium and policy terms</span></b><span style="color: #666666;"><o:p></o:p></span></span></div>
</td>
<td style="padding: 0cm 0cm 0cm 0cm;" valign="top">
<div align="center" style="text-align: center;">
<span style="color: #666666;"><span style="font-family: Verdana, sans-serif;">Premium term: 2 years<o:p></o:p></span></span></div>
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><i><span style="color: #666666;">With the option of 1 (lump
sum) or 2-year payment</span></i><span style="color: #666666;"><o:p></o:p></span></span></div>
<div align="center" style="text-align: center;">
<br /></div>
<div align="center" style="text-align: center;">
<span style="color: #666666;"><span style="font-family: Verdana, sans-serif;">Policy term: 6 years<o:p></o:p></span></span></div>
</td>
</tr>
<tr>
<td style="padding: 0cm 0cm 0cm 0cm;" valign="top">
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><b><span style="color: #666666;">Total maturity return</span></b><span style="color: #666666;"><o:p></o:p></span></span></div>
</td>
<td style="padding: 0cm 0cm 0cm 0cm;" valign="top">
<div align="center" style="text-align: center;">
<span style="color: #666666;"><span style="font-family: Verdana, sans-serif;">Higher interest rates with
higher upfront discount<o:p></o:p></span></span></div>
<div align="center" style="text-align: center;">
<br /></div>
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><i><span style="color: #666666;">1 (lump sum) payment:</span></i><span style="color: #666666;"><o:p></o:p></span></span></div>
<div align="center" style="text-align: center;">
<span style="color: #666666;"><span style="font-family: Verdana, sans-serif;">2.23% p.a. <o:p></o:p></span></span></div>
<div align="center" style="text-align: center;">
<br /></div>
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><i><span style="color: #666666;">2-year payment:</span></i><span style="color: #666666;"><o:p></o:p></span></span></div>
<div align="center" style="text-align: center;">
<span style="color: #666666;"><span style="font-family: Verdana, sans-serif;">2.18% p.a.<o:p></o:p></span></span></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal" style="margin-bottom: 12.0pt;">
<br /></div>
<table border="1" cellpadding="0" cellspacing="0" class="MsoNormalTable">
<tbody>
<tr>
<td colspan="2" style="padding: 0cm 0cm 0cm 0cm;" valign="top">
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><b><span style="color: #666666;">eEASY <i>savepro</i></span></b><span style="color: #666666;"><o:p></o:p></span></span></div>
</td>
</tr>
<tr>
<td style="padding: 0cm 0cm 0cm 0cm;" valign="top">
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><b><span style="color: #666666;">Premium and policy terms</span></b><span style="color: #666666;"><o:p></o:p></span></span></div>
</td>
<td style="padding: 0cm 0cm 0cm 0cm;" valign="top">
<div align="center" style="text-align: center;">
<span style="color: #666666;"><span style="font-family: Verdana, sans-serif;">Premium term: 2 years<o:p></o:p></span></span></div>
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><i><span style="color: #666666;">With the option of 1 (lump
sum) or 2-year payment</span></i><span style="color: #666666;"><o:p></o:p></span></span></div>
<div align="center" style="text-align: center;">
<br /></div>
<div align="center" style="text-align: center;">
<span style="color: #666666;"><span style="font-family: Verdana, sans-serif;">Policy term: 7 years<o:p></o:p></span></span></div>
</td>
</tr>
<tr>
<td style="padding: 0cm 0cm 0cm 0cm;" valign="top">
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><b><span style="color: #666666;">Total maturity return</span></b><span style="color: #666666;"><o:p></o:p></span></span></div>
</td>
<td style="padding: 0cm 0cm 0cm 0cm;" valign="top">
<div align="center" style="text-align: center;">
<span style="color: #666666;"><span style="font-family: Verdana, sans-serif;">Higher interest rates with
higher upfront discount<o:p></o:p></span></span></div>
<div align="center" style="text-align: center;">
<br /></div>
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><i><span style="color: #666666;">Regardless of payment</span></i><span style="color: #666666;"><o:p></o:p></span></span></div>
<div align="center" style="text-align: center;">
<span style="color: #666666;"><span style="font-family: Verdana, sans-serif;">Projected at 3.14% p.a.<o:p></o:p></span></span></div>
</td>
</tr>
<tr>
<td style="padding: 0cm 0cm 0cm 0cm;" valign="top">
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><b><span style="color: #666666;">Guaranteed maturity return</span></b><span style="color: #666666;"><o:p></o:p></span></span></div>
</td>
<td style="padding: 0cm 0cm 0cm 0cm;" valign="top">
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><i><span style="color: #666666;">1-year (lump sum) payment:</span></i><span style="color: #666666;"><o:p></o:p></span></span></div>
<div align="center" style="text-align: center;">
<span style="color: #666666;"><span style="font-family: Verdana, sans-serif;">0.33% p.a. with upfront
premium discount<o:p></o:p></span></span></div>
<div align="center" style="text-align: center;">
<br /></div>
<div align="center" style="text-align: center;">
<span style="font-family: Verdana, sans-serif;"><i><span style="color: #666666;">2-year payment:</span></i><span style="color: #666666;"><o:p></o:p></span></span></div>
<div align="center" style="text-align: center;">
<span style="color: #666666;"><span style="font-family: Verdana, sans-serif;">0.12% p.a.<o:p></o:p></span></span></div>
</td>
</tr>
</tbody></table>
<div class="MsoNormal">
<br /></div>
</div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><b>Etiqa Insurance -- A Singapore Insurance Company with Asian and International Expertise</b></span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Etiqa Insurance Pte. Ltd. is a licensed life and general insurance company registered in the Republic of Singapore and regulated by the Monetary Authority of Singapore (MAS). In July 2017, Fitch affirmed the company's "A-" rating for its financial strength and stable outlook. </span></div>
<div>
<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Etiqa has been protecting Singaporeans since 1961 with a range of general insurance solutions that constantly evolve to meet their ever-changing needs. As the appointed insurer for the Housing Development Board (HDB) Fire Insurance Scheme in Singapore, we have been protecting homes since 2009. In August 2014, we added a comprehensive suite of life insurance solutions to our stable of products. </span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
<div>
<span style="font-family: Verdana, sans-serif;">Etiqa is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, one of Asia's leading banking groups with more than 22 million customers worldwide in 20 countries; and 31% by Ageas, an international insurance group with 33 million customers across 16 countries and a heritage that spans over 180 years, with a focus to provide world class insurance solutions to consumers in Europe and Asia through market leading joint ventures. </span></div>
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<span style="font-family: Verdana, sans-serif;"><br /></span></div>
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<span style="font-family: Verdana, sans-serif;">At Etiqa, we believe in our brand promise of humanising insurance, by placing people over policies in everything we do. We are passionate about helping Singaporeans protect themselves and their loved. </span></div>
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-15024572432601518912017-11-24T02:32:00.000-08:002017-11-24T02:32:37.689-08:00AVIVA SINGAPORE ANNOUNCES SIXTEEN WEEKS PARENTAL LEAVE AT FULL PAY FOR ALL EMPLOYEES, REGARDLESS OF GENDER<span style="font-family: Verdana, sans-serif;"><b>Aviva Singapore</b> announces today a new parental leave policy which offers equal paternity and </span><span style="font-family: Verdana, sans-serif;">maternity leave for every parent employed by Aviva when a new child arrives.</span><br />
<span style="font-family: Verdana, sans-serif;"><br /></span>
<span style="font-family: Verdana, sans-serif;">Effective as of 19 November 2017, the new policy offers sixteen weeks parental leave at full pay </span><span style="font-family: Verdana, sans-serif;">within the first twelve months of a child’s arrival. It applies to all Singapore-based permanent Aviva </span><span style="font-family: Verdana, sans-serif;">employees regardless of gender, nationality, sexual orientation, marital status, and covers both birth </span><span style="font-family: Verdana, sans-serif;">and / or adoption. Employees welcoming a new child twice within a year are entitled to sixteen </span><span style="font-family: Verdana, sans-serif;">weeks of parental leave each time, which can be utilised within a year of the arrival of each child.</span><br />
<span style="font-family: Verdana, sans-serif;"><br /></span>
<span style="font-family: Verdana, sans-serif;">This is in addition to other existing parental leave arrangements at Aviva, such as Shared Parental </span><span style="font-family: Verdana, sans-serif;">Leave (up to 4 weeks), Childcare Leave (6 days), Extended Childcare Leave (2 days) and New Infant </span><span style="font-family: Verdana, sans-serif;">Care Leave (6 days unpaid).</span><br />
<span style="font-family: Verdana, sans-serif;"><br /></span>
<span style="font-family: Verdana, sans-serif;">Employees are required to have a minimum of three months of continuous service to be eligible for </span><span style="font-family: Verdana, sans-serif;">this policy.</span><br />
<span style="font-family: Verdana, sans-serif;"><br /></span>
<span style="font-family: Verdana, sans-serif;">Key entitlements include:</span><br />
<span style="font-family: Verdana, sans-serif;"> Sixteen weeks paternity / maternity leave at full pay</span><br />
<span style="font-family: Verdana, sans-serif;"> Includes employees across all levels of the company</span><br />
<span style="font-family: Verdana, sans-serif;"> If both parents are employees of Aviva, they will each have their own entitlement to leave</span><br />
<span style="font-family: Verdana, sans-serif;">and pay, which they can take at the same time</span><br />
<span style="font-family: Verdana, sans-serif;"> No limit on the number of new children</span><br />
<span style="font-family: Verdana, sans-serif;"><br /></span>
<span style="font-family: Verdana, sans-serif;">The new parental leave policy is part of a Group-wide initiative and will be rolled out in Singapore, </span><span style="font-family: Verdana, sans-serif;">UK, Ireland, France, and Canada, with plans to extend this to other Aviva markets within the next </span><span style="font-family: Verdana, sans-serif;">year. This is part of Aviva’s strategy to create a diverse and inclusive working culture in which </span><span style="font-family: Verdana, sans-serif;">barriers to career progression are removed.</span><br />
<span style="font-family: Verdana, sans-serif;"><br /></span>
<span style="font-family: Verdana, sans-serif;"><b>Mark Wilson, Group Chief Executive Officer, Aviva </b>plc said: </span><span style="font-family: Verdana, sans-serif;">“I want to live </span><br />
<a name='more'></a>in a world where the only criterion for success is someone’s talent, not their gender. <span style="font-family: Verdana, sans-serif;">Treating parents equally will help make this happen. We want Aviva to be a progressive, inclusive, </span><span style="font-family: Verdana, sans-serif;">welcoming place to work. It’s good for our people and it’s also good business sense.”</span><br />
<span style="font-family: Verdana, sans-serif;"><br /></span>
<span style="font-family: Verdana, sans-serif;"><b>Nishit Majmudar, Chief Executive Officer at Aviva Singapore</b>, said: </span><span style="font-family: Verdana, sans-serif;">“Welcoming a child to the family is one of the happiest moments for a parent. Amidst the joy and </span><span style="font-family: Verdana, sans-serif;">excitement, work should be the last thing on their minds. At Aviva, we want to foster a culture which encourages our people to be closely involved in their child’s early years – a precious experience that</span><br />
<span style="font-family: Verdana, sans-serif;">we believe should be shared equally among both dads and mums. </span><br />
<span style="font-family: Verdana, sans-serif;"><br /></span>
<span style="font-family: Verdana, sans-serif;">Aviva is a strong advocate of work-life balance, and has been committed to supporting our </span><span style="font-family: Verdana, sans-serif;">employees’ lives outside of work through a range of flexi-working arrangements. Introducing the </span><span style="font-family: Verdana, sans-serif;">new parental leave policy is a bold and iconic action that strongly aligns with Aviva’s values, and </span><span style="font-family: Verdana, sans-serif;">allows us to be truly inclusive. I am very proud that we are leading the market in helping our </span><span style="font-family: Verdana, sans-serif;">employees balance work and family.”</span><br />
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<span style="font-family: Verdana, sans-serif;"><a href="http://www.insuranceemart.com/2017/11/insurance-claims-assessment-in-seconds.html" target="_blank">Insurance claims assessment in seconds soon a reality for Prudential Singapore PRUshield policyholders</a></span><br />
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<span style="font-family: Verdana, sans-serif;"><br /></span>Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-91831903045332278742017-11-17T00:16:00.001-08:002017-11-17T00:16:16.776-08:00Insurance claims assessment in seconds soon a reality for Prudential Singapore PRUshield policyholders<h3>
<span style="font-family: Verdana, sans-serif;">Insurer trialing an intelligent machine learning-based solution that simplifies claims assessment </span></h3>
<div>
<span style="font-family: Verdana, sans-serif;"><b>Prudential Singapore </b>(Prudential) is leading a step change in the way <b>insurance claims</b> are made with its trial of an industry-first, machine learning-based solution that assesses claims in seconds.</span></div>
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<span style="font-family: Verdana, sans-serif;"><div>
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It sits at the core of a new customer e-claims platform which Prudential is making available to selected insurance policyholders on a trial-basis.</div>
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<a href="https://1.bp.blogspot.com/-4xs2eyHXWlE/Wg6aNyUweiI/AAAAAAAABgo/7vLMQRgQcCUD04hZHCXz4UTwp0SpEbjhQCLcBGAs/s1600/simplifying-the-claims-process-infographics.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1118" data-original-width="1600" height="278" src="https://1.bp.blogspot.com/-4xs2eyHXWlE/Wg6aNyUweiI/AAAAAAAABgo/7vLMQRgQcCUD04hZHCXz4UTwp0SpEbjhQCLcBGAs/s400/simplifying-the-claims-process-infographics.jpg" width="400" /></a></div>
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The first phase of the trial, set to commence in late November 2017, will focus on automating the processing of PRUshield pre- and post- hospitalisation claims from eight major hospitals. These form the bulk of the 14,000 paper bills and receipts that Prudential’s claims assessors review each month.</div>
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<a name='more'></a><br /></div>
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The trial will simplify the process by allowing participants to upload scans or images of bills and invoices through the PRUaccess customer portal. This will significantly reduce the time that insurance claims assessors spend on handling paper-based submissions. The system’s intelligent decision-making capabilities aim to progressively shorten the claims assessment time from seven days down to mere seconds by the time the trial ends in the first half of 2018.</div>
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<b>Ms. Theresa Nai, Chief Operating Officer at Prudential</b>, said the move towards high precision, data-driven decision-making is part of the company’s wider digital roadmap to improve productivity and make insurance simpler for customers.</div>
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“We are continuously working on new technology solutions such as e-claims that will increase the convenience for our customers. Internally, e-claims cuts down the amount of manual work required and enables our people to focus on more meaningful customer engagement initiatives,” she said.</div>
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<div>
<b>Intelligent e-claims solution powered by machine-learning</b></div>
<div>
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Once a participant uploads and submits a claim on the trial e-claims system, the inbuilt text-mining engine identifies and categorises payable and non-payable line items. Then, the intelligent machine-learning engine assesses the validity of the claim and recommends an o utcome (approve, partial approve or decline) and the payment amount.</div>
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The system has already been trained and back-tested using insurance claims data from the last two years and has reached a good level of accuracy. In the first phase of the trial, claims assessors will review the machine’s recommendations and provide feedback to the engine for continuous learning until it reaches an optimal level of confidence.</div>
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Prudential intends to fully launch the e-claims platform with straight-through processing capability in the second half of 2018.</div>
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-50341358346187313522017-11-07T04:23:00.000-08:002017-11-07T04:23:03.139-08:00Australia - StartSMART: a new way of using technology to support the recovery of injured workers<span style="font-family: Verdana, sans-serif;">An innovative new trial is being rolled out in New South Wales that aims to support the recovery </span><span style="font-family: Verdana, sans-serif;">of people injured at work.</span><br />
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<span style="font-family: Verdana, sans-serif;">An estimated 2,000 injured workers will qualify to take part in the pilot, known as <b>StartSMART</b>, which uses </span><span style="font-family: Verdana, sans-serif;">web-based technology and personal wellness consultants during the critical early stages of recovery.</span><br />
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<span style="font-family: Verdana, sans-serif;">Developed by <b>Allianz Australia</b> in partnership with icare and the NSW Department of Education, the program </span><span style="font-family: Verdana, sans-serif;">aims to support workers in their return to work and health as quickly as possible and be used <b>in conjunction </b></span><span style="font-family: Verdana, sans-serif;"><b>with existing treatment and workers compensation insurance plans</b>. </span><br />
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<span style="font-family: Verdana, sans-serif;">If successful, the program will be rolled out to more injured workers next year. </span><br />
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<span style="font-family: Verdana, sans-serif;">The free and confidential program includes video-conferencing sessions with a qualified rehabilitation </span><span style="font-family: Verdana, sans-serif;">wellness consultant, meaning injured workers can access the sessions no matter where they are located. </span><br />
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<span style="font-family: Verdana, sans-serif;">Workers are able to choose the times of their sessions so they can be completed at home or anywhere the </span><span style="font-family: Verdana, sans-serif;">worker chooses using a smart phone, tablet or computer.</span><br />
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<span style="font-family: Verdana, sans-serif;"><b>Allianz General Manager Government Services Mark Pittman</b> said: “Allianz is constantly looking for new and </span><span style="font-family: Verdana, sans-serif;">innovative ways to support the recovery of people injured at work.</span><br />
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<span style="font-family: Verdana, sans-serif;">“Our goal is to provide workers with independent advice and support that will </span><br />
<a name='more'></a><span style="font-family: Verdana, sans-serif;">empower them to take control </span><span style="font-family: Verdana, sans-serif;">of their recovery so they can return to work, health and normal activity as soon as possible.</span><br />
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<span style="font-family: Verdana, sans-serif;">“Research shows that recovering at work maintains an individual’s connection to the workplace and </span><span style="font-family: Verdana, sans-serif;">contributes to their feeling of being valued – important factors in a person’s physical and mental wellbeing – </span><span style="font-family: Verdana, sans-serif;">and this program is designed to help workers get to this point sooner.</span><br />
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<span style="font-family: Verdana, sans-serif;">“We are incredibly proud of this initiative and we look forward to seeing workers in NSW benefit from the </span><span style="font-family: Verdana, sans-serif;">program.”</span><br />
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<span style="font-family: Verdana, sans-serif;">icare Group Executive Self Insurance, Community and Innovation Tim Plant added: “At icare, we’re </span><span style="font-family: Verdana, sans-serif;">passionate about changing people's lives by providing the right support when they need it most. Our focus is </span><span style="font-family: Verdana, sans-serif;">on providing an injury management framework that enables early, safe and d</span><span style="font-family: Verdana, sans-serif;">urable return to work for</span><br />
<span style="font-family: Verdana, sans-serif;">workers, and StartSMART is a key element of that.”</span><br />
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-34387894745532335302017-11-04T04:17:00.000-07:002017-11-04T04:17:05.143-07:00Income tailors employee benefit insurance plans for start-ups in Singapore<h2>
<span style="font-family: Verdana, sans-serif;">Income tailors employee benefit plans for start-ups, offering them on industry’s first self-service platform to support the start-up ecosystem</span></h2>
<i style="font-family: Verdana, sans-serif;"><a href="http://www.startsure.com.sg/">www.startsure.com.sg</a> supports purchase of insurance plans directly without underwriting or paperwork; provides employees peace of mind with comprehensive protection as start-ups scale</i><br />
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<span style="font-family: Verdana, sans-serif;">Singapore - NTUC Income (“Income”) launched today Start.Sure (www.startsure.com.sg), the industry’s first self-service digital platform, designed for new start-ups that have been incorporated between one and five years and are employing between two and 15 full-time staff, to not just purchase but also manage <b>employee benefit insurance</b> with ease.</span><br />
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<span style="font-family: Verdana, sans-serif;">Additionally, Start.Sure offers three employee benefit insurance plans – <b>Energiser, Turbo Booster and Super Charger</b> – that cater specifically to meet the employee protection needs of start-ups at different life stages and scale as they offer employees peace of mind. </span><br />
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<span style="font-family: Verdana, sans-serif;">The insurance plans, which cover pre and post-hospitalisation and surgical expenses, including kidney dialysis, cancer treatments and out-patient consultation by a general practitioner, require no paperwork and underwriting. Most significantly, the plans offer three-month free coverage for employees should the start-ups cease operation.</span><br />
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<a href="https://3.bp.blogspot.com/-YWD0z5sZNAE/Wf2gqVKLRoI/AAAAAAAABgY/5VD-Ty7_hS4_cnXdKWOJ9yNYULQCP3iiACLcBGAs/s1600/NTUC%2BIncome.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="890" data-original-width="1303" height="272" src="https://3.bp.blogspot.com/-YWD0z5sZNAE/Wf2gqVKLRoI/AAAAAAAABgY/5VD-Ty7_hS4_cnXdKWOJ9yNYULQCP3iiACLcBGAs/s400/NTUC%2BIncome.jpg" width="400" /></a></div>
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<span style="font-family: Verdana, sans-serif;">As more young Singaporeans take to entrepreneurship, the start-up scene in Singapore is thriving. As such, Start.Sure complements the development of a dynamic start-up ecosystem in Singapore by supporting start-ups’ quest to attract and retain talents, as they look to protect their companies’ most valuable asset – employees.</span><br />
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<span style="font-family: Verdana, sans-serif;"><b>Income’s Chief Operating Officer, Peter Tay</b>, describes the launch of Start.Sure as a show of commitment by Income to support Singapore’s young entrepreneurs.</span><br />
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<span style="font-family: Verdana, sans-serif;">He said: “As the name suggests, we aim to be the reliable companion to these </span><br />
<a name='more'></a><span style="font-family: Verdana, sans-serif;">budding entrepreneurs so that they are free to focus on accelerating the growth of their companies. Start.Sure aims to offer a sure footing for start-ups to launch their ambitions, while at the same time, give protection to their employees who are one of the company’s key assets. The intuitive digital platform is aligned to start-ups’ way of working and reflects our philosophy of making insurance simple and accessible for all in Singapore.”</span><br />
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<span style="font-family: Verdana, sans-serif;">The launch of Start.Sure also reaffirms the company’s commitment to be a leading digital insurer as it allows customers to easily find, apply, claim, renew and engage with Income online.</span><br />
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<span style="font-family: Verdana, sans-serif;">Mr Tay added, “Insurance products on Start.Sure are designed to be start-up centric. Not only do we stay relevant to our customers’ needs by way of our tailored insurance offerings, we also ensure that Start.Sure provides an integrated customer experience as the selection and application of a plan, as well as, claims can be administered via laptops or mobile devices. As such, Start.Sure is a full self-service digital platform that complements our existing customer-service touch-points.” </span><br />
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<span style="font-family: Verdana, sans-serif;">Cafebond.com, Asia's largest specialty coffee e-tailer, is one start-up that has come on board Start.Sure. Its CEO and Co-Founder, Keyis Ng, said providing essential healthcare insurance coverage is especially important for employees. </span><br />
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<span style="font-family: Verdana, sans-serif;">“Benefits affect employees’ satisfaction in a big way and I’m glad that we have affordable and comprehensive coverage from Start.Sure. The fact that everything can be done digitally on one simple platform is another plus for us since we are always on the move. This will allow us to focus fully on what we want to achieve without getting distracted unnecessarily,” he added. </span><br />
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<span style="font-family: Verdana, sans-serif;">Income will partner NTUC U Startup, which was set up in 2016 to support the start-up community in Singapore, to reach out to and raise awareness of Start.Sure among its ecosystem of entrepreneurs.</span><br />
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<span style="font-family: Verdana, sans-serif;">“Start.Sure is an example of how the Labour Movement can provide innovative solutions for start-ups, thereby improving their business productivity and helping them to attract and retain talents. Our U Startup community has often highlighted this as an area where our support could help them become more successful,” said Mr Vivek Kumar, Director of U Startup.</span><br />
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<span style="font-family: Verdana, sans-serif;">The launch of Start.Sure is also in line with Income’s and U Startup’s objectives of helping to grow the start-up ecosystem in Singapore. </span><br />
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<span style="font-family: Verdana, sans-serif;">“We wish to build stronger support for startups by leveraging the Labour Movement’s network of social enterprises, Unions and unionised companies, U Associate professional guilds, U SMEs, and e2i, assisting them with our advocacy, training, mentorships and business networking platforms. Eventually, we hope to open new careers choices for our working people in promising start-ups,” added Mr Vivek, who is also Assistant Director-General at NTUC.</span><br />
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<span style="font-family: Verdana, sans-serif;"><br /></span>Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-75193473116850190692017-10-21T01:41:00.000-07:002017-10-21T01:41:00.540-07:00Chubb Announces Distribution Agreement with Singapore's DBS Bank<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;"><b>Chubb</b> to distribute consumer and commercial <b>P&C insurance products </b>through <b>bancassurance</b> channels in five markets in Asia</span></span><br />
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<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;">Chubb Limited announced today that it has entered into a 15-year distribution agreement with <b>DBS Bank</b>, the largest banking group in Southeast Asia. </span></span><br />
<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;"><br /></span></span>
<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;">Under the terms of the agreement, Chubb will <b>distribute general insurance products</b> on an exclusive or preferred basis through multiple DBS banking channels, including in-branch and various direct marketing channels. </span></span><br />
<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;"><br /></span></span>
<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;">The partnership covers five markets in Asia – Singapore, Hong Kong, Taiwan, Indonesia and China. Property and casualty (P&C) insurance products for small to mid-sized enterprises, as well as coverages for home, contents and selected personal accident and supplemental health (A&H) insurance products, will be distributed on an exclusive basis. </span></span><br />
<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;"><br /></span></span>
<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;">Based in Singapore, DBS is a leading financial services group in Asia that offers consumer banking, wealth management, and commercial banking for small and medium-sized enterprises (SMEs). The bank has nearly 7 million customers in six countries, including over 3 million internet and 2 million mobile banking customers. </span></span><br />
<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;"><br /></span></span>
<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;">"For Chubb, our agreement with DBS represents a meaningful long-term </span></span><br />
<a name='more'></a><span style="color: #333333; font-family: Droid Serif, serif;">opportunity to partner with one of the largest and most respected banking franchises in Asia," said <b>Evan G. Greenberg, Chairman and Chief Executive Officer of Chubb</b>. "Access to DBS's large customer base broadens and deepens Chubb's already significant presence in the region, and provides multiple new channels for our individual and small commercial P&C insurance products. DBS's commitment to technology will also provide a strong platform to expand our digital distribution across these important Asian markets." </span><br />
<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;"><br /></span></span>
<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;">"At DBS, we were looking for a general insurance partner with a strong, long-standing presence in Asia, a broad product portfolio across P&C and A&H, extensive digital capabilities, and a proven track record of bancassurance sales," said Piyush Gupta, Group Chief Executive Officer of DBS. "Chubb fit our criteria in every respect. We are excited by the opportunity to work with this industry leader to provide a broad range of insurance products to our customers and clients."</span></span><br />
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<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;"><b>About Chubb</b></span></span><br />
<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;"><br /></span></span>
<span style="color: #333333; font-family: Droid Serif, serif;"><span style="background-color: white; font-size: 20px;">Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: <a href="http://www.chubb.com/">www.chubb.com</a>.</span></span><br />
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com1tag:blogger.com,1999:blog-8090282788235848698.post-11525570422845689602017-10-16T15:30:00.000-07:002017-10-15T23:51:42.821-07:00Perbadanan Insurans Deposit Malaysia Alerts Public on Protection Payment Scam<span style="font-family: "verdana" , sans-serif;"><b>Perbadanan Insurans Deposit Malaysia (PIDM)</b> reminds members of the public not to act on any request for payment or to transfer any money for the purpose of paying for protection provided by PIDM. </span><br />
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<span style="font-family: "verdana" , sans-serif;">“We wish to stress that the protection provided to <b>bank depositors, takaful certificate and insurance policy owners</b> is automatic. PIDM does not require payment of any kind from members of the public,” said <b>Rafiz Azuan Abdullah, Chief Executive Officer</b>.</span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;">PIDM has been alerted to recent incidents involving members of the public who were contacted by parties purportedly representing various organisations requesting payment for protection provided by PIDM. </span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;">“Please contact our call centre at 1800-88-1266 for clarification or e-mail us at info@pidm.gov.my. We also remind members of the public not to disclose their financial information, in particular their bank account or credit card details to third parties,” Rafiz added.</span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;">PIDM is a Government agency established under the PIDM Act to administer the <b>Deposit Insurance System</b> (DIS) and the <b>Takaful and Insurance Benefits Protection System</b> (TIPS). </span><br />
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<span style="font-family: "verdana" , sans-serif;">PIDM protects depositors, whether individuals or businesses, against the loss of </span><br />
<a name='more'></a><span style="font-family: "verdana" , sans-serif;">their insured bank deposits and owners of takaful certificates and insurance policies from the loss of their eligible takaful and insurance benefits, in the event of a failure of its member institutions, comprising commercial and Islamic banks, insurance companies and takaful operators. </span><br />
<span style="font-family: "verdana" , sans-serif;"><br /></span>
<span style="font-family: "verdana" , sans-serif;">For more information on the protection systems PIDM administers and a list of member institutions, contact our call centre at 1800-88-1266 or visit our website at <a href="http://www.pidm.gov.my/">www.pidm.gov.my</a>.</span><br />
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<span style="font-family: "verdana" , sans-serif;"><b>ABOUT PIDM</b> </span></div>
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<span style="font-family: "verdana" , sans-serif;">PIDM is a statutory body that provides protection against the loss of deposits and insurance or takaful benefits with its member institutions in the event of failure. PIDM is entirely funded by premiums or levies assessed on its member institutions and does not receive public funds to operate. It has the means under the PIDM Act to borrow or raise such funds as may be needed to fulfil its statutory obligations to protect financial consumers of its member institutions. As an integral part of the national financial safety net, the Corporation promotes and contributes to the stability of the financial system. </span></div>
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<li style="margin: 0px; padding: 0.7em 0px;"><a href="http://www.insuranceemart.com/2017/09/manulife-ready-completecare-critical-illness-insurance.html" style="color: #888888; text-decoration-line: none;"><span style="font-family: "verdana" , sans-serif;">Manulife Ready CompleteCare: Arm yourself with a critical illness plan that covers you again and again</span></a></li>
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<a href="http://www.insuranceemart.com/p/about.html" style="background-color: white; color: #888888; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 13.2px; text-decoration-line: none;" target="_blank"><span style="font-family: "verdana" , sans-serif;">Disclaimer</span></a></div>
Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-33761382685283534452017-10-15T05:02:00.001-07:002017-10-15T05:02:04.835-07:00Chubb Announces Management Appointments for its Life Insurance and General Insurance Operations<span style="font-family: Verdana, sans-serif;"><b>Chubb</b> Limited announced several management appointments for its general insurance and life insurance operations globally.</span><br />
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<span style="font-family: Verdana, sans-serif;"><b>Cunqiang Li</b> has been named Chief Operating Officer of Chubb Life, the company's international life insurance division. Currently Chairman and CEO of Huatai Life, a joint venture between Chubb and the Huatai Insurance Group in China, Mr. Li will be based in Hong Kong and will focus on leading the day-to-day operations of Chubb Life's Asian life insurance entities, in addition to continuing to provide governance oversight to the operations of Huatai Life. Mr. Li will report to Russell Bundschuh, Senior Vice President, Chubb Group and President, Chubb Life.</span><br />
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<span style="font-family: Verdana, sans-serif;"><b>Kevin Goulding</b> has been named President of Combined Insurance, the company's agency and worksite-based personal accident and supplemental health insurance company. Currently Regional President, Asia Pacific, of Chubb Life, Mr. Goulding will be responsible for all management aspects of this business, which has operations in the United States and Canada. He will be based in Chicago and will report to Ed Clancy, Executive Vice President of Chubb Group, Global Accident & Health and Life. </span><br />
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<span style="font-family: Verdana, sans-serif;"><b>Brad Bennett</b> has been named Regional President of the company's Far East operations in Japan. Currently Senior Vice President, Chubb Group and President, Combined Insurance, Mr. Bennett will be responsible for the management and business results for all general insurance operations including property and casualty, accident and health, and personal lines. He will be based in Tokyo and will report to Juan C. Andrade, Executive Vice President, Chubb Group and President, Overseas General Insurance. </span><br />
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<span style="font-family: Verdana, sans-serif;"><b>Jeff Hager</b> has been named Regional Chief Operating Officer of the Pacific Region in the United States. Currently Regional President, Far East, Mr. Hager will provide management oversight for the regional underwriting and sales strategies in the seven branches of the region which include Los Angeles, San Francisco, Newport Beach, San Ramon, Seattle, Portland and Phoenix. Mr. Hager will be based in San Ramon, where he will also lead that branch, and report to Jim Darling, Regional Executive Officer for the Pacific Region. </span><br />
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<span style="font-family: Verdana, sans-serif;"><b>Chris Martin</b> has been named Chief Operating Officer of Combined Insurance. Mr. Martin is currently President of Chubb Workplace Benefits, the worksite division of Combined Insurance, and he will continue with these responsibilities. He is based in Chicago and will report to Mr. Goulding.</span><br />
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<span style="font-family: Verdana, sans-serif;"><b><i>All of the appointments are effective December 1</i></b>.</span><br />
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<span style="font-family: Verdana, sans-serif;">"One of Chubb's greatest strengths is the experience and depth of our management team globally, which is fully evident in the leadership appointments we announced today," said <b>Evan G. Greenberg</b>, Chairman and Chief Executive Officer of Chubb. </span><br />
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<span style="font-family: Verdana, sans-serif;">"The executives who will be moving into new roles – Cunqiang Li, Kevin Goulding, Brad Bennett and Jeff Hager – each has strong technical and </span><br />
<a name='more'></a><span style="font-family: Verdana, sans-serif;">leadership expertise, as well as an internationalist's perspective earned from working and living in different countries and regions. We identified and brought Cunqiang Li to our joint venture with Huatai Life and have worked closely with him over the years. So, we are delighted to welcome him to this new and important role with Chubb Life. Kevin, Brad, Jeff and Chris have each made important contributions to the management and performance of their respective businesses, and we're pleased to give them the opportunity to bring their experience and energy to their new responsibilities."</span><br />
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<span style="font-family: Verdana, sans-serif;"><b>Background</b></span><br />
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<span style="font-family: Verdana, sans-serif;">Cunqiang Li has more than 25 years of insurance industry experience. Mr. Li joined Beijing-based Huatai Life in 2012 as CEO and President and was named Chairman and CEO in 2016. Prior to joining Huatai, he held positions of increasing seniority and responsibility at Mass Mutual for 10 years, most recently as Mass Mutual International's Senior Managing Director and CFO. He began his financial career in public accounting. Mr. Li holds a BS degree from Northwest Normal University of China and a Master's degree from McGill University in Toronto.</span><br />
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<span style="font-family: Verdana, sans-serif;">Kevin Goulding has more than 25 years of insurance industry experience. He was appointed Regional President, Asia Pacific, of ACE Life in 2012, a position he retained after ACE acquired Chubb in 2016 and adopted the Chubb name globally. Prior to joining Chubb Life, Mr. Goulding was CEO of AIG China. At AIG, he held several other senior management roles over 13 years throughout Asia, including serving as President and CEO of American Home Assurance in Singapore. Mr. Goulding began his career as an agent with Allstate Insurance Company. He received his BS degree from Ithaca College. </span><br />
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<span style="font-family: Verdana, sans-serif;">Brad Bennett has more than 30 years of insurance industry experience. He joined the company in 2012 as President of Combined Insurance after more than 17 years with AIG. Working primarily in Asia, Mr. Bennett started with AIG in Thailand, held senior positions in Korea and Malaysia, and in his last position served as Chief Operating Officer and Head of Distribution for Chartis Companies Japan. Mr. Bennett began his career as an agent with Allstate in the U.S. and held a number of field sales management positions there. He received his BS degree from California State University.</span><br />
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<span style="font-family: Verdana, sans-serif;">Jeff Hager has more than 25 years of insurance industry experience in Asia and North America. In 2011, he joined ACE as Regional President, Far East, a position he retained after ACE acquired Chubb. Previously, Mr. Hager was National Sales Leader with Fireman's Fund Insurance Company in Dallas. Prior to that, he served in executive leadership positions at AIU, including Executive Vice President in charge of the company's P&C and A&H insurance company in Japan. Mr. Hager has also held management positions in sales, distribution, marketing and claims over 14 years in the U.S. He began his insurance career in 1991 as Claims Adjuster at Safeco in Denver. He received his BS degree from Kansas State University.</span><br />
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<span style="font-family: Verdana, sans-serif;">Chris Martin has more than 20 years of insurance industry experience. He joined Combined Insurance in 2011, bringing with him extensive experience in management and development of worksite-style businesses. Mr. Martin spent 17 years with Trustmark, where he helped build and lead the company's voluntary business unit. He received his BA degree from Yale University and his Master's degree from the Kellogg School of Management at Northwestern University.</span><br />
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<span style="font-family: Verdana, sans-serif;"><b>About Chubb</b></span><br />
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<span style="font-family: Verdana, sans-serif;">Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: <a href="http://www.chubb.com/">www.chubb.com</a>.</span><br />
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<span style="font-family: Verdana, sans-serif;">Read about:</span><br />
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<li style="margin: 0px; padding: 0.7em 0px;"><a href="http://www.insuranceemart.com/2017/09/aia-singapore-launches-aia-financial-advisers.html" style="color: #888888; text-decoration-line: none;"><span style="font-family: Verdana, sans-serif;">AIA SINGAPORE LAUNCHES AIA FINANCIAL ADVISERS</span></a></li>
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<li style="margin: 0px; padding: 0.7em 0px;"><a href="http://www.insuranceemart.com/2017/09/manulife-ready-completecare-critical-illness-insurance.html" style="color: #888888; text-decoration-line: none;"><span style="font-family: Verdana, sans-serif;">Manulife Ready CompleteCare: Arm yourself with a critical illness plan that covers you again and again</span></a></li>
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<a href="http://www.insuranceemart.com/p/about.html" style="background-color: white; color: #888888; text-align: start; text-decoration-line: none;" target="_blank"><span style="font-family: Verdana, sans-serif;">Disclaimer</span></a></div>
Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com2tag:blogger.com,1999:blog-8090282788235848698.post-70382649130175624442017-10-10T04:01:00.000-07:002017-10-10T04:01:03.382-07:00Life Insurance Made Easier by Singapore Life<span style="font-family: Verdana, sans-serif;">Protecting your loved ones should not be complicated. With this in mind, independent life insurer <b>Singapore Life Pte. Ltd</b>. (Singapore Life) launches its suite of life insurance products, coupled with a fuss-free, customer-centric insurance experience.</span><br />
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<span style="font-family: Verdana, sans-serif;"><b>Singapore Life’s Term Life and Critical Illness insurance plans</b> aim to fill the gap in catering to customers who are looking for adequate protection with minimal complexity. This introduction of plain vanilla term insurance is a deliberate departure from the many new products in the market compounded with various interesting, but equally complicated features. Customers can now be assured of their coverage and own these policies on their preferred terms – getting online directly themselves, or through one of Singapore Life’s partner advisory firms – and get covered almost immediately.</span><br />
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<span style="font-family: Verdana, sans-serif;">Mr Walter de Oude, Chief Executive Officer, Singapore Life, said: “People deserve a better solution for their life insurance needs – accessible, un-convoluted and fast. As a preferred Singaporean alternative, Singapore Life simplifies both the product and life insurance process to remove any deterrent for people to get the protection they need. We take the efficiencies from technology to offer better value to the insurance journey – making it more efficient, transparent and flexible to their needs.”</span><br />
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<span style="font-family: Verdana, sans-serif;">Singapore Life features robust <b>digital robo-underwriting</b> and identity </span><br />
<a name='more'></a><span style="font-family: Verdana, sans-serif;">verification capabilities that dynamically expedites the application and approval process. The purchase journey with Singapore Life is intuitive and secure, can be done without another person’s assistance, and is usually free of the hassle of going for a medical test. As a launch promotion, all submissions of Term Life insurance policy applications, including critical illness and disability riders, on <a href="http://www.singlife.com/">www.singlife.com</a> by 31 December 2017 will enjoy up to 18% discount.</span><br />
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<span style="font-family: Verdana, sans-serif;">The first local independent insurer to be licensed since 1970, Singapore Life successfully raised US$50 million - the largest ever by a Singapore-based InsurTech company - in its Series A funding round in April this year, with the support of renowned international shareholders – Chong Sing Holdings FinTech Group Limited and IPGL Limited. It has also partnered two of the world’s leading reinsurers – Munich Re Group and Pacific Life Re Limited.</span><br />
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<span style="font-family: Verdana, sans-serif;"><b>About Singapore Life</b></span><br />
<span style="font-family: Verdana, sans-serif;">Singapore Life is a life insurance company fully licensed by the Monetary Authority of Singapore - built on the belief that the world needs a better life insurer which uses technology to provide a better insurance experience. </span><br />
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<span style="font-family: Verdana, sans-serif;">Singapore Life offers <b>high net worth universal life </b>solutions for those that prefer Singapore and the Singapore regulatory environment as a destination for their wealth and protection needs. It also offers protection solutions made available both digitally and through financial advisers to the retail segment, revolutionising how easy insurance can be. The Company incorporates multiple InsurTech solutions to improve the customer experience. Singapore Life represents the next generation of life insurance where customers are empowered through a simplified insurance purchase process.</span><br />
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<span style="font-family: Verdana, sans-serif;">For more information, please visit <a href="http://www.singlife.com/">www.singlife.com</a></span><br />
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<a href="http://www.insuranceemart.com/2017/09/manulife-ready-completecare-critical-illness-insurance.html" target="_blank"><span style="font-family: Verdana, sans-serif;">Manulife Ready CompleteCare: Arm yourself with a critical illness plan that covers you again and again</span></a><br />
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<span style="font-family: Verdana, sans-serif;"><a href="http://www.insuranceemart.com/2017/07/is-there-critical-illness-insurance.html" target="_blank">Is there a critical illness insurance policy specially designed for men? Yes!</a></span><br />
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<a href="http://www.insuranceemart.com/p/about.html" style="background-color: white; color: #888888; text-decoration-line: none;" target="_blank"><span style="font-family: Verdana, sans-serif;">Disclaimer</span></a>Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-53091473418675083542017-09-15T01:43:00.000-07:002017-09-15T01:43:32.143-07:00Manulife Ready CompleteCare: Arm yourself with a critical illness plan that covers you again and again<div style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;">
<b>Manulife Singapore</b> has launched <span style="box-sizing: border-box; font-weight: 700;">Ready CompleteCare</span>, a <b>critical illness insurance plan</b> that offers the most comprehensive coverage across early, intermediate and advanced stages for 106 conditions.</div>
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<span style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px; font-weight: 700;">Insurance Plan to Cover all Early, Intermediate and Advanced Stages of Critical Illness</span></h3>
<span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;">Early detection of critical illnesses may enhance the chance of a full recovery, and the plan is designed to provide financial support through all three stages of critical illness – early, intermediate and advanced – so customers can focus on treatment and recovery.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;"> </span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;">To further lighten the financial burden, Ready CompleteCare also offers extra insurance coverage of 20% of your coverage amount (capped at S$25,000) for up to six claims on diagnosis across </span><span style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px; font-weight: 700;"><u style="box-sizing: border-box;"><a href="https://www.manulife.com.sg/servlet/servlet.FileDownload?file=00P1000000kFdL0EAK" style="background-color: transparent; box-sizing: border-box; color: #00693c; font-size: 1em; text-decoration-line: none;" target="_blank">18 special conditions</a></u></span><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;">, which can be particularly expensive to treat.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;"> </span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><h3>
<span style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px; font-weight: 700;">“Cover Me Again” insurance benefit</span></h3>
<span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;">Most customers’ policies and savings can weather the cost of a single critical illness. However, the reality is that many critical illnesses have a high chance of occurring and recurring during a person’s lifetime. For continued protection against recurring illnesses, Manulife introduces </span><span style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px; font-weight: 700;">Cover Me Again</span><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;">, a ‘restart’ feature that restores your coverage in 12 months following a claim, allowing you to claim up to 500% of your coverage <a name='more'></a>amount. Other critical plans cease its cover after you’ve claimed for your condition, but Manulife Ready CompleteCare covers you again and again.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;"> </span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;">Cover Me Again also provides additional payouts in two forms:</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;"> </span><br />
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<li style="box-sizing: border-box;">Additional Major Critical Illness Benefit which pays 200% for six covered advanced stage critical illnesses;</li>
<li style="box-sizing: border-box;">Recurring Cancer Benefit which pays 100% for subsequent advanced stage major cancer.</li>
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<br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><img alt="" src="https://www.manulife.com.sg/servlet/servlet.FileDownload?file=00P1000000kHDf7EAG" style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px; height: 180px; vertical-align: middle; width: 800px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;"> </span><img src="https://www.manulife.com.sg/servlet/servlet.FileDownload?file=00P1000000kHDnpEAG" style="background-color: white; border: 0px solid; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px; height: 300px; vertical-align: middle; width: 638px;" /><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;"> </span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;">Carlos Vazquez, Chief Product Officer, Manulife Singapore said: “At Manulife, we want to care for our customers right from the beginning and partner them in every aspect and stage of their lives. </span><span style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px; font-weight: 700;">Manulife Ready CompleteCare</span><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;"> therefore keeps our customers covered through the early, intermediate and advanced stages of critical illnesses. We understand that after a critical illness diagnosis, it is very difficult for our customers to qualify for insurance. Manulife ReadyProtect is designed to stay in-force and continue to protect even after a critical illness diagnosis, so as to keep providing coverage in the unfortunate event of a future diagnosis.”</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;"> </span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><span style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px; font-weight: 700;">Table 1: 18 Special Conditions<br style="box-sizing: border-box;" /><img alt="" src="https://www.manulife.com.sg/servlet/servlet.FileDownload?file=00P1000000kHDesEAG" style="border: 0px; box-sizing: border-box; height: 318px; vertical-align: middle; width: 681px;" /></span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><span style="background-color: white; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;">Note: For angioplasty and other invasive treatment for coronary artery, the total amount that we will pay under all policies which we are liable for on the same life shall not exceed S$25,000.</span><br style="background-color: white; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px;" /><img alt="" src="https://www.manulife.com.sg/servlet/servlet.FileDownload?file=00P1000000kHDeTEAW" style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px; height: 282px; vertical-align: middle; width: 800px;" /><img alt="" src="https://www.manulife.com.sg/servlet/servlet.FileDownload?file=00P1000000kHDe9EAG" style="background-color: white; border: 0px; box-sizing: border-box; color: #333333; font-family: FrutigerLTPro-Light, sans-serif; font-size: 16.8px; height: 282px; vertical-align: middle; width: 800px;" /><br />
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<a href="http://www.insuranceemart.com/p/about.html" target="_blank"><span style="font-family: Verdana, sans-serif;">Disclaimer</span></a><br />
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<span style="font-family: Verdana, sans-serif;"><a href="http://www.insuranceemart.com/2017/07/is-there-critical-illness-insurance.html" target="_blank"><br /></a></span>
<span style="font-family: Verdana, sans-serif;"><a href="http://www.insuranceemart.com/2017/07/is-there-critical-illness-insurance.html" target="_blank">Is there a critical illness insurance policy specially designed for men? Yes!</a></span><br />
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<span style="font-family: Verdana, sans-serif;"><a href="http://www.insuranceemart.com/2017/07/pushing-clients-to-buy-more-insurance.html" target="_blank">I wish I pushed my client to buy insurance earlier</a></span><br />
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<br />Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-17401228688376241802017-09-11T07:07:00.001-07:002017-09-11T07:07:17.261-07:00AIA SINGAPORE LAUNCHES AIA FINANCIAL ADVISERS<span style="font-family: Verdana, sans-serif;">31 Aug 2017 - <b>AIA Singapore</b> launches <b>AIA Financial Advisers</b> (AIA FA) as part of the insurer's move to strengthen its distribution network. This initiative also underscores AIA Singapore’s commitment to provide customers with more choices and greater accessibility for quality and professional face-to-face financial advice.</span><br />
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<span style="font-family: Verdana, sans-serif;">A wholly-owned subsidiary of AIA Singapore, AIA FA is a financial advisory firm that complements AIA Singapore’s market-leading tied Agency distribution channel.</span><br />
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<span style="font-family: Verdana, sans-serif;">“Our customers are at the heart of everything we do at AIA. In today’s digital age, customers are more financially savvy and expect more access to professional financial advice. The new AIA FA is well-positioned to empower individuals with personalised and quality financial advice. By strengthening our distribution network, with AIA Singapore’s market-leading tied Agency Force and </span><br />
<a name='more'></a><span style="font-family: Verdana, sans-serif;">the new AIA FA, we look forward to playing an even more active role to meet our customers’ evolving needs as we help Singaporeans live life confidently,” said Mr Patrick Teow, Chief Executive Officer, AIA Singapore. </span><br />
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<span style="font-family: Verdana, sans-serif;">AIA FA will be led by Mr Tan Chuan How, a 19-year veteran who has played a key role in growing and developing AIA Singapore’s tied Agency distribution channel. He has held several key roles at AIA Singapore including being Head of Recruitment, Head of Investment-Linked Policies Business and most recently Senior Director of Agencies at AIA Singapore, where he was responsible for driving the Agency force to sales excellence.</span><br />
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<span style="font-family: Verdana, sans-serif;">Mr Tan Chuan How, Chief Executive Officer, AIA Financial Advisers, said, “I am excited to be part of this journey as we forge a new path to provide customers with more platforms for comprehensive financial advice. AIA FA is focused on providing quality financial advice, high standard of professionalism and service excellence. I am confident that together with our trusted AIA Financial Advisers Representatives (AIA FA Reps), we can help more Singaporeans live longer, healthier, better lives.”</span><br />
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<span style="font-family: Verdana, sans-serif;">AIA FA Reps will undergo a comprehensive selection process to ensure that in addition to possessing the relevant knowledge and experience, they also place high values on putting customers’ interest at the forefront of what they do. </span><br />
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<span style="font-family: Verdana, sans-serif;">About AIA</span><br />
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<span style="font-family: Verdana, sans-serif;">AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets in Asia-Pacific – wholly-owned branches and subsidiaries in Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, Cambodia, a 97 per cent subsidiary in Sri Lanka, a 49 per cent joint venture in India and a representative office in Myanmar.</span><br />
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<span style="font-family: Verdana, sans-serif;">The business that is now AIA was first established in Shanghai almost a century ago. It is a market leader in the Asia-Pacific region (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$200 billion as of 31 May 2017.</span><br />
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<span style="font-family: Verdana, sans-serif;">AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia-Pacific, AIA serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.</span><br />
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<span style="font-family: Verdana, sans-serif;">AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).</span>Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-65977291504257848342017-09-04T23:14:00.004-07:002017-09-04T23:14:36.546-07:00Prudential Singapore’s chatbot provides information specific to customers’ life insurance plans<h2>
<span style="font-family: Verdana, sans-serif;">Prudential Singapore’s industry-first intelligent chatbot provides information specific to customers’ life insurance plans</span></h2>
<span style="font-family: Verdana, sans-serif;">askPRU part of Prudential’s digital roadmap to transform customer experience</span><br />
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<span style="font-family: Verdana, sans-serif;">SINGAPORE, 31 August 2017 – As part of Prudential’s customer-centric approach, the life insurer has launched an industry-first chatbot that can provide its Financial Consultants with real-time information specific to their customers’ life insurance plans.</span><br />
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<span style="font-family: Verdana, sans-serif;">Named askPRU, the cognitive-powered chatbot is built on IBM Watson technology and integrated into Prudential’s backend systems. It is able to retrieve instantly data such as a customer’s policy cash value, policy premium due date and status of submitted claims, among others. As askPRU operates round the clock, Prudential’s Financial Consultants can communicate with the chatbot via a mobile application at any time of the day to obtain information pertaining to their customers’ insurance plans, enabling them to be more productive and more responsive.</span><br />
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<a href="https://3.bp.blogspot.com/-vXQQymB0S6I/Wa5AS2ydlDI/AAAAAAAABf0/HBit8XcpPBEWiKvM370M6D1uHeRPHFzjwCLcBGAs/s1600/askPRU%2Bphoto%2B%2526%2Bcaption_More%2Bthan%2Bone%2Bin%2Btwo%2BPrudential%2BFinancial%2BConsultants%2Bare%2Bnow%2Bactive%2Busers%2Bof%2Bthe%2BaskPRU%2Bchatbot%2Bsince%2Bits%2Bpilot%2Blaunch%2Bin%2BJuly%2B2017%2B.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1067" data-original-width="1600" height="266" src="https://3.bp.blogspot.com/-vXQQymB0S6I/Wa5AS2ydlDI/AAAAAAAABf0/HBit8XcpPBEWiKvM370M6D1uHeRPHFzjwCLcBGAs/s400/askPRU%2Bphoto%2B%2526%2Bcaption_More%2Bthan%2Bone%2Bin%2Btwo%2BPrudential%2BFinancial%2BConsultants%2Bare%2Bnow%2Bactive%2Busers%2Bof%2Bthe%2BaskPRU%2Bchatbot%2Bsince%2Bits%2Bpilot%2Blaunch%2Bin%2BJuly%2B2017%2B.JPG" width="400" /></a></div>
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<span style="font-family: Verdana, sans-serif;">Using IBM Watson’s Conversation Service, askPRU has been trained by NCS’ data scientists1 to understand non-scripted questions, probe users to get to the intent of their queries and deliver responses in a way that simulates human conversations.</span><br />
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<span style="font-family: Verdana, sans-serif;">Since the pilot launch of askPRU in July, more than half of Prudential’s 4,000 Financial Consultants have started to use the chatbot. Ms. Theresa Nai, Chief </span><br />
<a name='more'></a><span style="font-family: Verdana, sans-serif;">Operating Officer at Prudential Singapore, said, askPRU is part of Prudential’s commitment to continuously improve the service experience for its customers.</span><br />
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<span style="font-family: Verdana, sans-serif;">“In today’s fast-paced, time-starved environment, our customers do not have the patience to wait for information. With askPRU, our Financial Consultants can now get faster access to customer-specific information and respond to their customers’ queries even more promptly. askPRU is one of the ways in which we digitally enable our Financial Consultants so they are equipped to meet increasing consumer demands and expectations,” said Ms Nai.</span><br />
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<span style="font-family: Verdana, sans-serif;">askPRU complements PRUONE Express, an enhanced digital point-of-sales portal, to help Prudential’s Financial Consultants engage their customers more efficiently. For instance, PRUONE Express is able to generate a detailed quotation in just three seconds and uses the latest technologies, such as SmartData Capture and Fingerprint Authentication, to facilitate a quicker and more effective consultation and sales process. Launched earlier this month, all of Prudential’s Financial Consultants currently have access to PRUONE Express to complete their sales process and to submit new policy requests.</span><br />
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<span style="font-family: Verdana, sans-serif;">askPRU to potentially reduce call volume at Prudential’s Contact Centre by 30 per cent</span></h3>
<span style="font-family: Verdana, sans-serif;">Apart from improving customer experience, askPRU also creates operational efficiencies for the life insurer. Prudential estimates that approximately 30 per cent of its Financial Consultants’ queries received by its Contact Centre consultants today can be answered by askPRU. With frequently-asked queries channeled to the chatbot, Prudential’s Contact Centre consultants will be able to focus on handling more complex enquiries and provide a better service to its Financial Consultants and customers.</span><br />
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<span style="font-family: Verdana, sans-serif;">Designed as a standalone mobile application, askPRU was developed in collaboration with NCS Pte Ltd (NCS), IBM Watson and Nokomai Studios. IBM Watson is a cognitive computing technology platform that uses natural language processing and machine learning to reveal insights from large amounts of structured and unstructured data, such as text and images.</span><br />
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<span style="font-family: Verdana, sans-serif;">Mr. Chia Wee Boon, Chief Executive Officer of NCS, said, “We are pleased to work with Prudential to develop a cognitive-powered chatbot that provides responsive, 24/7 support to its Financial Consultants. Notably, the integration of the chatbot to Prudential’s core backend systems ensures that there is always a reliable and consistent source of information available, which translates to the Financial Consultants and their customers having instant access to accurate, real-time information.”</span><br />
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<span style="font-family: Verdana, sans-serif;">Mr. Kenny Hay, Director of Cloud, IBM ASEAN, said, “The way in which customer relationships are built is constantly evolving. Technology such as IBM Watson has cognitive capabilities that often serve to augment human intelligence and abilities, supporting Prudential’s Financial Consultants. The pathway to self-service in real time can certainly bring about huge growth opportunities for forward-thinking businesses.”</span><br />
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<span style="font-family: Verdana, sans-serif;">Ms. Mae Urquhart, Director of Nokomai Studios, said, “It is a privilege to work with Prudential in transforming the data-driven expertise of NCS and IBM into an intuitive, engaging experience for the life insurer’s Financial Consultants. In particular, the close collaboration with Prudential’s Financial Consultants was crucial in the successful development of askPRU.”</span><br />
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<span style="font-family: Verdana, sans-serif;"><br /></span><span style="font-family: Verdana, sans-serif;">About Prudential Assurance Company Singapore (Pte) Ltd</span></h4>
<span style="font-family: Verdana, sans-serif;">Prudential Assurance Company Singapore (Pte) Ltd is one of the top life insurance companies in Singapore, serving the financial and protection needs of the country’s citizens for 86 years. The company has an AA Financial Strength Rating from leading credit rating agency Standard & Poor’s, with S$31.5 billion funds under management as at 31 December 2016. It delivers a suite of well-rounded product offerings in Protection, Savings and Investment through multiple distribution channels including a network of more than 4,000 financial consultants.</span><br />
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<span style="font-family: Verdana, sans-serif;">About NCS</span></h4>
<span style="font-family: Verdana, sans-serif;">NCS is a member of the Singtel Group and the leading information, communications and technology (ICT) service provider with presence in over 20 countries. NCS delivers end-to-end ICT solutions to help governments and enterprises realise business value through digital transformation and the innovative use of technology. Its unique delivery capabilities include consulting, applications development, systems integration, outsourcing, infrastructure management and portal solutions. It also provides mobility, social networking, business analytics and cloud computing services. For more information, please visit www.ncs.com.sg.</span><br />
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<span style="font-family: Verdana, sans-serif;">About IBM Watson</span></h4>
<span style="font-family: Verdana, sans-serif;">Watson represents a new era in computing called cognitive computing, where systems understand the world in a way more similar to humans: through senses, learning, and experience. Watson continuously learns from previous interactions, gaining in value and knowledge over time. With the help of Watson, organizations are harnessing the power of cognitive computing to transform industries, help professionals do their jobs better, and solve important challenges.</span><br />
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<span style="font-family: Verdana, sans-serif;">As part of IBM’s strategy to accelerate the growth of cognitive computing, Watson is open to the world, allowing a growing community of developers, students, entrepreneurs, and tech enthusiasts to easily tap into the most advanced and diverse cognitive computing platform available today. Watson solutions are being built, used, and deployed in more than 45 countries and across 20 different industries. For more information on IBM Watson, visit ibm.com/Watson. Join the conversation at #ibmwatson.</span><br />
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<span style="font-family: Verdana, sans-serif;">About Nokomai Studios</span></h4>
<span style="font-family: Verdana, sans-serif;">Nokomai Studios is a boutique UI/UX digital consultancy specialising in developing customer-centric digital transformation projects. Over its 11-year history, Nokomai has delivered award-winning experiences in mobile, portal, ecommerce and marketing solutions.</span><br />
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<span style="font-family: Verdana, sans-serif;">For media enquiries, please contact:</span><br />
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<span style="font-family: Verdana, sans-serif;">Prudential Singapore</span><br />
<span style="font-family: Verdana, sans-serif;">Tan Ping Ping</span><br />
<span style="font-family: Verdana, sans-serif;">DID: +65 6704 7033</span><br />
<span style="font-family: Verdana, sans-serif;">Email: tan.ping.ping@prudential.com.sg<span style="white-space: pre;"> </span> <span style="white-space: pre;"> </span>Michelle Tan</span><br />
<span style="font-family: Verdana, sans-serif;">DID: +65 6539 5816</span><br />
<span style="font-family: Verdana, sans-serif;">Email: michelle.yz.tan@prudential.com.sg</span><br />
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<span style="font-family: Verdana, sans-serif;">NCS</span><br />
<span style="font-family: Verdana, sans-serif;">Joan Hung</span><br />
<span style="font-family: Verdana, sans-serif;">DID: +65 6556 6930</span><br />
<span style="font-family: Verdana, sans-serif;">Email: joanhung@ncs.com.sg<span style="white-space: pre;"> </span> <span style="white-space: pre;"> </span>Ong Fei Fei</span><br />
<span style="font-family: Verdana, sans-serif;">DID: +65 6556 5661</span><br />
<span style="font-family: Verdana, sans-serif;">Email: feifei@ncs.com.sg</span><br />
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<span style="font-family: Verdana, sans-serif;">IBM</span><br />
<span style="font-family: Verdana, sans-serif;">Jean-Claire Rozario</span><br />
<span style="font-family: Verdana, sans-serif;">DID: +65 6418 3723</span><br />
<span style="font-family: Verdana, sans-serif;">Email: jeanroz@sg.ibm.com<span style="white-space: pre;"> </span> <span style="white-space: pre;"> </span> </span><br />
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<span style="font-family: Verdana, sans-serif;">1<span style="white-space: pre;"> </span> <span style="white-space: pre;"> </span>NCS’ data scientists used Prudential’s database of over 1,000 historical question-and-answer pairs to train askPRU to accurately determine customers’ intent and quickly generate accurate answers. NCS also integrated askPRU to Prudential’s core backend system, providing Prudential’s financial consultants with reliable, real-time and consistent information.</span><br />
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<span style="font-family: Verdana, sans-serif;"><a href="http://www.insuranceemart.com/p/about.html" target="_blank">Disclaimer</a></span></div>
Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-59708022619429781932017-08-28T17:49:00.000-07:002017-08-28T17:49:07.532-07:00Difficult to buy car insurance for older cars in Singapore - CEO of Budget Direct Insurance<span style="font-family: Verdana, sans-serif;"><span style="background-color: white; color: #464646;">Buying insurance for older cars can still be difficult despite record numbers of COE renewals</span><span id="spanHghlt2000" style="background-color: white; color: #464646;">, according to <b><span class="xn-person">Simon Birch</span>, CEO of Budget Direct Insurance</b>.</span></span><br />
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<span style="font-family: Verdana, sans-serif;"><span id="spanHghlt003b">This is his view as an industry expert that</span> the majority of insurance companies do not sell policies for older vehicles online. Instead many customers of cars older than 10 years are assessed on a case by case basis and have to endure lengthier quote processing times. </span></div>
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<tr><td style="text-align: center;"><a href="https://1.bp.blogspot.com/-NRns89vZcqI/WaS4Guf3V1I/AAAAAAAABfQ/px5gGVy2eTw2l_GWzxtTi-TqHIMfIHX3QCLcBGAs/s1600/Budget%2BDirect%2BInsurance%2BCEO.jpg" imageanchor="1" style="margin-left: auto; margin-right: auto;"><span style="font-family: Verdana, sans-serif;"><img border="0" data-original-height="600" data-original-width="400" height="320" src="https://1.bp.blogspot.com/-NRns89vZcqI/WaS4Guf3V1I/AAAAAAAABfQ/px5gGVy2eTw2l_GWzxtTi-TqHIMfIHX3QCLcBGAs/s320/Budget%2BDirect%2BInsurance%2BCEO.jpg" width="213" /></span></a></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><span style="font-family: Verdana, sans-serif; font-size: small;">Simon Birch, CEO of Budget Direct Insurance</span></td></tr>
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<span style="font-family: Verdana, sans-serif;"><span id="spanHghltd1a2">Birch said</span>: "Owners of older vehicles have sometimes struggled to buy insurance online. It has been particularly difficult to get Comprehensive cover. Insurers need to stay up to date with <span class="xn-location">Singapore</span> motoring trends and that includes catering more to those with older vehicles and making it easier for them to buy." </span></div>
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<span style="font-family: Verdana, sans-serif;">Online car insurance quote in 30 seconds</span></h3>
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<span style="font-family: Verdana, sans-serif;">Birch believes that Budget Direct Insurance is one of the few that is making it easier for this sector of the motoring community. He said: "At Budget Direct Insurance, motorists, including those who own older vehicles, can get a quick quote online within 30 seconds. We are one of the few insurers who is able to give an online quote, especially for older cars." </span></div>
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<span style="font-family: Verdana, sans-serif;">Frustrated customers have been turning to Budget Direct Insurance for help.</span></div>
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<span style="font-family: Verdana, sans-serif;">One such motorist is Yap Boon Fong Yvonne. Her current insurer was unable to </span></div>
<a name='more'></a><span style="font-family: Verdana, sans-serif;">provide comprehensive insurance once her vehicle had reached more than 10 years old. She said: "I have been with them (my current insurer) for more than 10 years and they are not covering comprehensive for me. Thanks to Budget Direct I have what I want."</span><br />
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<span style="font-family: Verdana, sans-serif;">The matter was highlighted following the release of LTA figures showing that more than 14,000 car certificates were revalidated in the first five months of <span id="spanHghlt9470">2017. The</span> figures also revealed that more owners were choosing to extend by 10 years instead of five.</span></div>
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<span style="font-family: Verdana, sans-serif;">Birch says this upward trend of motorists holding onto their cars for longer makes much better economic <span id="spanHghltec8d">sense. He added</span>: "A good car will last years. Renewing your COE is a great way to keep costs down. Paying less for your insurance is another way to save too. At the end of the day it makes for smarter motoring."</span></div>
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<span style="font-family: Verdana, sans-serif;">Visit <a href="http://www.budgetdirect.com.sg/" rel="nofollow" style="color: #6099e9; margin: 0px; outline: none; text-decoration-line: none;" target="_blank">www.budgetdirect.com.sg</a> for a quote today.</span></div>
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<span style="font-family: Verdana, sans-serif;">For further information, please contact <b><span class="xn-person">Geoffrey Dickman</span> </b>on +65 <b>9451 5116 </b>or <b><a href="mailto:brand@budgetdirect.com.sg" rel="nofollow" style="color: #6099e9; margin: 0px; outline: none; text-decoration-line: none;" target="_blank">brand@budgetdirect.com.sg</a></b></span></div>
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<span style="font-family: Verdana, sans-serif;">About Budget Direct Insurance</span></h3>
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<span style="font-family: Verdana, sans-serif;">Budget Direct Insurance is the trading name of Auto & General Insurance (<span class="xn-location">Singapore</span>) Pte. Limited, which is licensed by the Monetary Authority of <span class="xn-location">Singapore</span>, and bound by the regulations and requirements for insurers.</span></div>
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<span style="font-family: Verdana, sans-serif;">Budget Direct Insurance was built as a digital start-up here in <span class="xn-location">Singapore</span>, and it is part of BHL Holdings Limited ("BHL Group"), a privately owned, global group of companies whose principle businesses are engaged in insurance underwriting, direct insurance distribution, broking and related services, online comparison and property development.</span></div>
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<span style="font-family: Verdana, sans-serif;">The BHL Group provides insurance solutions to millions of policyholders across several countries. The BHL Group includes one of the largest direct personal lines insurers in <span class="xn-location">South Africa</span>, one of the largest personal lines intermediaries in the <span class="xn-location">United Kingdom</span> and the Budget Direct brand in <span class="xn-location">Australia</span>.</span></div>
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com1tag:blogger.com,1999:blog-8090282788235848698.post-41155839289155092522017-08-23T01:44:00.000-07:002017-08-23T01:44:00.305-07:00Make $10,000 today - MDRT Video<span style="font-family: Verdana, sans-serif;">Make $10,000 today by breaking your goals down to a daily goal!</span><br />
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com2tag:blogger.com,1999:blog-8090282788235848698.post-10023050784528752532017-08-20T21:30:00.000-07:002017-08-20T21:30:10.504-07:00Insurance to protect online purchases of defective electronic goods<h2>
<span style="font-family: Verdana, sans-serif; font-size: small;">Income partners Qoo10 Singapore to launch Purchase Guard insurance, the first in the industry to protect online purchases of defective electronic goods</span></h2>
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<span style="font-family: Verdana, sans-serif;"><b>NTUC Income</b> (“Income”) announced its partnership with Giosis Pte Ltd (Qoo10 Singapore), Singapore’s leading e-commerce platform to launch Purchase Guard, an insurance policy specially designed to give customers an extra layer of protection and a greater peace of mind when purchasing electronic products online.</span></div>
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<span style="font-family: Verdana, sans-serif;">With <b>Purchase Guard insurance</b>, Income is the first insurer in Singapore to provide Qoo10 customers with a three or six-month insurance cover against defective or malfunctioned electronic goods that are worth a minimum of S$100, under two Qoo10 product categories – Home Electronics and TV/Camera/Audio.</span></div>
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<span style="font-family: Verdana, sans-serif;">It is common that online retailers do not provide a manufacturer’s warranty, or at most, a local one (as opposed to an international warranty). Under such circumstances, Purchase Guard provides recourse to eligible customers in the event that the purchased electronic product becomes faulty or malfunctioned during the effective period of the insurance if it was purchased concurrently with the electronic products.</span></div>
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<a href="https://1.bp.blogspot.com/-JGu0kfoUmQA/WZk-ju9dnKI/AAAAAAAABew/yuqmZXrXjRI4E6ZBca3aDREZ66qOXHPfwCLcBGAs/s1600/NTUC%2BIncome.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="315" data-original-width="600" height="168" src="https://1.bp.blogspot.com/-JGu0kfoUmQA/WZk-ju9dnKI/AAAAAAAABew/yuqmZXrXjRI4E6ZBca3aDREZ66qOXHPfwCLcBGAs/s320/NTUC%2BIncome.jpg" width="320" /></a></div>
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<span style="font-family: Verdana, sans-serif;"><b>Ms Annie Chua, Income’s Head of Personal Lines</b>, said, “As more consumers shop and purchase online, the introduction of Purchase Guard is timely. Such a policy not only gives protection to consumers who make purchases online but also provides a leg up for online retailers who may not be able to offer an international manufacturer’s warranty. Purchase Guard, thus, levels the playing field for online retailers as the insurance cover gives consumers a greater sense of confidence about their purchases. The launch of Purchase Guard underscores Income’s commitment to continuously innovate and offer customer-centric solutions as consumers’ purchase patterns become increasingly digital. It is important that our insurance offerings continue to meet real consumers’ needs.”</span></div>
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<span style="font-family: Verdana, sans-serif;">Singapore’s e-commerce market was valued at US$1 billion in 2015, with online shopping making up 2.1 per cent of retail sales, the highest proportion of all Southeast Asian countries surveyed. In 2025, the figure is expected to make up 6.7 per cent of all retail sales.</span></div>
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<span style="font-family: Verdana, sans-serif;">“Qoo10’s partnership with Income is significant in shaping the online retail landscape in Singapore. Customers often find it difficult to recover monetary <a name='more'></a>loses should their purchase turn out defective, as they may not be able to seek compensation from Qoo10 sellers. With Purchase Guard, it instils a sense of trust and confidence in shoppers by enabling them to make better decisions about their purchases and be assured of their purchases. As Singapore’s leading e-commerce platform, there is synergy in the partnership as both organisations constantly look to enhance the online shopping experience for its customers,” added Mr HyunWook Cho, Qoo10 Country Manager.</span></div>
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<span style="font-family: Verdana, sans-serif;">As compared to other retail products sold on Qoo10, electronic products are typically of a higher value and as such, customers are more likely to insure such purchases. Customers now have the option to add on Purchase Guard as a product warranty for over 250,000 items under the Home Electronics and TV/Camera/Audio categories.</span></div>
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<span style="font-family: Verdana, sans-serif;">Purchase Guard claims</span></h3>
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<span style="font-family: Verdana, sans-serif;">When the insured’s purchase becomes materially defective and fails to function due to unforeseen electrical or mechanical defects, the insured can claim against Purchase Guard if he/she does not receive compensation from the seller and cannot seek recovery under the product warranty.</span></div>
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<span style="font-family: Verdana, sans-serif;">To make a claim against Purchase Guard, the insured has to first seek compensation from the seller, and Purchase Guard will pay up to the sum insured (amount paid after any discounts) for the main item or the sum insured minus any compensation that the customer may have received from the seller or manufacturer.</span></div>
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<span style="font-family: Verdana, sans-serif;">Currently, Income offers 16 insurance products online. As part of Income’s push to become Singapore’s number one digital insurer, it is also embracing digital disruptions to offer smart solutions to customers.</span></div>
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<span style="font-family: Verdana, sans-serif;">Purchase Guard is available for purchase with eligible electronic products (such as televisions, air conditioners, washing machines, cameras and more) on Qoo10’s website. For more information, please refer to <a href="http://www.qoo10.sg/shop/income">http://www.qoo10.sg/shop/income</a> .</span></div>
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0tag:blogger.com,1999:blog-8090282788235848698.post-38060245181491874022017-08-17T20:00:00.000-07:002017-08-17T20:00:07.296-07:00Etiqa Insurance Launches Second Online Savings Plan With Up To 4.02% Return p.a. in Singapore<h4 style="background: 0px 0px rgb(255, 255, 255); border: 0px; font-family: Roboto, sans-serif; font-size: 16px; margin-bottom: 22px; outline: 0px; padding: 0px; text-align: center; vertical-align: baseline;">
<strong style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Etiqa Insurance Launches in Singapore Second Online Savings Plan With Up To 4.02% Return p.a. Following MAS Guidelines On Online and Direct Distribution Of Life Policies</strong></h4>
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Singapore - After premiering the first in market online savings plan earlier in April, Insurance arm of Maybank Group Etiqa Insurance launches a second insurance savings plan, <b>eEASY savepro</b>, featuring an attractive projected return of up to 4.02% per annum – the highest return for direct insurance solutions offered by the insurer till date.</div>
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The plan is part of the EASY save series, which is designed to specifically tailor to the customer’s appetite, savings horizon and aspirations. Customers can choose a participating or non-participating plan, premium size, premium term and policy term based on their preferences, as further elaborated in the appendix below.</div>
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“With the EASY save series, Etiqa is able to extend a more attractive <b>projected return of up to 4.02% per annum at 100% capital guarantee upon maturity</b>, to better meet our customers’ savings aspirations. This is only possible by adopting the direct and online business model which turns commission fees, a standard offline distribution cost, into better returns for customers,” said Ms. Shirley Tan, Head of Customer Experience & Propositions of Etiqa Insurance Pte. Ltd..</div>
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In addition to capital guarantee on premiums, customers who purchase any plan from the EASY save series can also benefit from <b>complimentary Accidental Death Protection Booster</b>, which provides extra accidental death protection at 100% of total premium paid. Etiqa believes that at the heart of every savings aspiration, personal protection against </div>
<a name='more'></a>obligations in unforeseen circumstances is of utmost importance to the customer. This additional benefit supports the insurer’s passion to humanise insurance, and place people over policies. Etiqa continues to live up to its brand promise by providing accessibility and convenience for customers. This is done through an online chat solution which is available 24/7, allowing customers to reach customer service providers whenever they have queries or require assistance.<br />
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“Our progressive launches of ground-breaking insurance solutions and services demonstrate our commitment to lead in the advancement of customer- and digital-first experiences. A stellar example will be the EASY save series. Etiqa has anticipated the regulatory change to permit the online and direct distribution of life policies, and developed innovative and direct insurance savings solutions quickly. The market has also responded favourably with our earlier launch of eEASY save, which to date has been purchased by more than 100 customers,” Ms. Tan added.</div>
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The EASY save series can be purchased online in five simple steps, with an initial payment of just $1. The transparent purchase process also comes with immediate approval upon purchase. Please visit <a href="https://www.etiqa.com.sg/personal/life-insurance/savings-retirement/easy-save-series?utm_source=Press-Release&utm_medium=10-August-2017" style="background: 0px 0px; border: 0px; cursor: pointer; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">our website</a> to learn more.</div>
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<strong style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><br />Appendix: Product Summary of EASY save series</strong></div>
<table class="eEASYsaveproTable" style="background: 0px 0px rgb(255, 255, 255); border-collapse: collapse; border-spacing: 0px; border: none; font-family: Roboto, sans-serif; font-size: 16px; margin: 0px; outline: 0px; padding: 0px; text-align: justify; vertical-align: middle;"><tbody style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">
<tr style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: rgb(255, 193, 13); border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; font-weight: bold; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;"></td><td style="background: rgb(255, 193, 13); border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; font-weight: bold; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">eEASY <em style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">save</em></td><td style="background: rgb(255, 193, 13); border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; font-weight: bold; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">eEASY <em style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">savepro</em></td></tr>
<tr style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: rgb(190, 189, 182); border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Product nature</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Non-participating</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Participating</td></tr>
<tr style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: rgb(190, 189, 182); border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Return at maturity</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Guaranteed at 2.02% p.a.</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Made up of guaranteed capital and non-guaranteed projected total maturity yield from 2.65% p.a. to 4.02% p.a.</td></tr>
<tr style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: rgb(190, 189, 182); border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Capital guarantee</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">At 112% upon maturity</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">At 100% upon maturity</td></tr>
<tr style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: rgb(190, 189, 182); border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Premium term (payable by you)</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">2 years</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">1, 2, 4, 6, 8, or 10 years</td></tr>
<tr style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: rgb(190, 189, 182); border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Policy term</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">6 years</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Add 5 years to premium term</td></tr>
<tr style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: rgb(190, 189, 182); border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Premium sizes</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">1st year + 2nd year premium:<div style="background: 0px 0px; border: 0px; margin-bottom: 22px; outline: 0px; padding: 0px; vertical-align: baseline;">
</div>
<ul style="background: 0px 0px; border: 0px; list-style-position: inside; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">
<li style="background: 0px 0px; border: 0px; list-style-type: none; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><ul style="background: 0px 0px; border: 0px; list-style-position: inside; margin: 0px; outline: 0px; padding: 0px 0px 0px 15px; vertical-align: baseline;">
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">S$10,000 + S$5,000</li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">S$30,000 + S$15,000</li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">S$50,000 + S$25,000</li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">S$80,000 + S$40,000</li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">S$100,000 + S$50,000</li>
</ul>
</li>
</ul>
</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Yearly premium of:<div style="background: 0px 0px; border: 0px; margin-bottom: 22px; outline: 0px; padding: 0px; vertical-align: baseline;">
</div>
<ul style="background: 0px 0px; border: 0px; list-style-position: inside; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">
<li style="background: 0px 0px; border: 0px; list-style-type: none; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><ul style="background: 0px 0px; border: 0px; list-style-position: inside; margin: 0px; outline: 0px; padding: 0px 0px 0px 15px; vertical-align: baseline;">
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">S$5,000 (NA for 1-year <span style="background: 0px 0px; border: 0px; font-family: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">premium term)</span></li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">S$10,000</li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">S$30,000</li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">S$50,000</li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">S$80,000</li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">S$100,000</li>
</ul>
</li>
</ul>
</td></tr>
<tr style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: rgb(190, 189, 182); border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Total maturity yield</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">2.02% p.a.</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;"><ul style="background: 0px 0px; border: 0px; list-style-position: inside; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">
<li style="background: 0px 0px; border: 0px; list-style-type: none; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><ul style="background: 0px 0px; border: 0px; list-style-position: inside; margin: 0px; outline: 0px; padding: 0px 0px 0px 15px; vertical-align: baseline;">
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">1-year premium term and 6-year policy term: 2.65% p.a.</li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">2-year premium term and 7-year policy term: 3.02% p.a.</li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">4-year premium term and 9-year policy term: 3.28% p.a.</li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">6-year premium term and 11-year policy term: 3.63% p.a.</li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">8-year premium term and 13-year policy term: 3.85% p.a.</li>
<li style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">10-year premium term and 15-year policy term: 4.02% p.a.</li>
</ul>
</li>
</ul>
</td></tr>
<tr style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: rgb(190, 189, 182); border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Death protection</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">At 105% of total premium paid. Throughout policy term.</td><td style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">At 105% of total premium paid. This is the minimum benefit before bonuses. Throughout policy term.</td></tr>
<tr style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;"><td style="background: rgb(190, 189, 182); border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">Accidental Death Protection Booster</td><td colspan="2" style="background: 0px 0px; border: 1px solid rgb(197, 197, 197) !important; font-size: 14px; margin: 0px; outline: 0px; padding: 5px 10px; text-align: center; vertical-align: baseline;">At 100% of total premium paid in addition to death protection. <span style="background: 0px 0px; border: 0px; font-family: inherit; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">Covered throughout premium term.</span></td></tr>
</tbody></table>
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Participating policies are insurance policies which provide both guaranteed and non-guaranteed benefits (e.g. in the form of bonuses). Non-participating policies are insurance policies which provides guaranteed benefits only. For more information about life insurance participating products, please refer to the consumer guide “Your Guide To Participating Policies” on Etiqa’s website or LIA’s website (www.etiqa.com.sg or www.lia.org.sg)</div>
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<h3>
<strong style="background: 0px 0px; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;">About Etiqa</strong></h3>
Etiqa Insurance Pte. Ltd. is a licensed life and general insurance company registered in the Republic of Singapore and regulated by the Monetary Authority of Singapore (MAS). In July 2017, Fitch affirmed the company’s “A-” rating for its financial strength and stable outlook.<br />
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Etiqa has been protecting Singaporeans since 1961 with a range of general insurance solutions that constantly evolve to meet their ever-changing needs. As the appointed insurer for the Housing Development Board (HDB) Fire Insurance Scheme in Singapore, we have been protecting homes since 2009. In August 2014, we added a comprehensive suite of life insurance solutions to our stable of products.</div>
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Etiqa is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, one of Asia’s leading banking groups with more than 22 million customers worldwide in 20 countries; and 31% by Ageas, an international insurance group with 33 million customers across 16 countries and a heritage that spans over 180 years, with a focus to provide world class insurance solutions to consumers in Europe and Asia through market leading joint ventures.</div>
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At Etiqa, we believe in our brand promise of humanising insurance, by placing people over policies in everything we do. We are passionate about helping Singaporeans protect themselves and their loved ones today and helping them plan for a financially secure tomorrow.</div>
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<a href="http://www.insuranceemart.com/p/about.html" target="_blank">Disclaimer</a></div>
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Benjamin Anghttp://www.blogger.com/profile/08136091800952346973noreply@blogger.com0