AIG has announced the appointment of Christian Sandric as President and Chief Executive Officer, Singapore which will take effect in April 2019. Mr. Sandric will report to Sachin N. Shah, Chief Executive Officer, Asia Pacific, AIG General Insurance, and will be based in Singapore.
CXA Group, Asia's one-stop, predictive and data intelligence platform for better health, wealth and wellness choices, announced yesterday that it has raised $25m in its latest round of funding.
Digital transformation and its disruptive and enabling strategies that affect the top and bottom-line of the insurance industry were the hot topics discussed at the 19th Asia CEO Insurance Summit organised by Asia Insurance Review.
Having launched the AXA Imperial Collection last August, which serendipitously coincided with the worldwide release of the Crazy Rich Asians film, AXA Insurance Managing Director, Life, Sean Goh said the high net worth market is not homogeneous and has increasingly diverse and complex needs.
Digital transformation has become a trending buzzword among industry leaders across every sector with everyone wanting to jump on the bandwagon. A recent EY report found that the advancement of digital technologies have placed the traditionally slow-moving insurance sector under great pressure as insurers stand to lose if they do not invest more in digital transformation. However, insurance executives are left debating on how they can capitalise on digital transformation - should they go for digital disruption or digitally enhance existing value chains?
Attracting talent to the insurance industry is a perennial challenge. More so a financial advisory career. So how does Advisors Alliance Group, an authorised representative of AIA Financial Advisers in Singapore, run varsity internship programmes that are so successful that it has had to turn away interested undergraduates?
Ms Ho Hern Shin, Assistant Managing Director (Banking and Insurance), Monetary Authority of Singapore, delivered her keynote address "Leverage Technology, Build Trust" at the recent LIA Annual Luncheon.
Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, has acquired Insight Adjusters and Surveyors in Singapore in order to strengthen and expand its presence in Asia.
Singaporeans looking to protect their mobile phone against accidental damage, loss and theft can now buy a mobile phone insurance cover via an app. Called MI Mobile, the cover is underwritten by AXA Insurance and distributed by insurance marketing platform my-insurer on its app.
Welcome to another week of What's New. This week, we are featuring the big boys in the industry such as Prudential, AIA, Aviva, QBE, MetLife, MAS, SDIC, and Symbo!