CATEGORIES

Poor Tech Locks Insurers Into Outdated Systems

Only 56% of local insurance companies in Indonesia use IT, and 38% have not embraced digital marketing channels.

What Insurers Must Do To Withstand Market Shifts

Whilst the market drives towards growth, new rules shrink insurer presence.

EDUARD SARGSYAN

Intelligent decisioning: The essential element of a modern, customer-centric insurance business

One by MetLife app sets new standard in Nepal

With its user-friendly interface and comprehensive services, the app empowers users to take control of their health and financial futures.

Simplifying health and retirement planning

360Health and 360Future provide comprehensive, personalized support for physical, mental, and financial wellbeing, from preventative care to post-retirement life management.

Cocogen remains committed, compassionate, and genuine amidst insurance innovations

The company was recognised at Insurance Asia Awards 2024 for its commitment to innovation and customer service.

Cathay Life insurance strongly supports anti-drug, anti-fraud initiatives

Cathay Life Insurance secured the ESG Initiative of the Year - Taiwan win at the Insurance Asia Awards 2024 by creating an anti-drug and anti-fraud safety net for all age groups.

Etiqa Insurance launches Tiq CashSaver: A simple solution for short- to medium-term savings

Tiq CashSaver by Etiqa Insurance offers flexible, accessible endowment plans to build one's financial security and achieve short-term goals.

Great Eastern grooming financial representatives to become the industry's best

This dedication has helped the company produce top-tier financial representatives who are well-equipped to serve clients and excel in their careers.

Dai-ichi Life Insurance Myanmar has been recognised for Insurance Initiative of the Year 2024

With a robust expansion strategy, innovative financial solutions, and a commitment to community wellbeing, the company is strengthening Myanmar's insurance sector.

Prudential Vietnam wins hat-trick at the Insurance Asia Awards 2024

The company clinched a trio of accolades, including International Life Insurer of the Year, ESG Initiative of the Year, and Claims Initiative of the Year.

Pru Life UK named International Life Insurer of the Year - Philippines for four consecutive years

This victory highlights the company's exceptional impact on the insurance industry and its customers.

The happiness message behind a unique family relay race

The Happy Ekiden semi-professional relay race by MB Ageas Life is a significant highlight of the \"Healthy Happiness\" campaign, resonating strongly within the community.

A legacy of excellence

Client-centric approach, innovative solutions, and strong leadership drive Peak Re's success.

Insurance Asia Awards 2024 spotlights groundbreaking innovation

The Insurance Asia Awards, the most prestigious awards programme in the Asia Pacific region, recognised and celebrated insurance companies that have achieved outstanding milestones, set new benchmarks, and demonstrated remarkable innovation in the industry.

Digital tools aid but fail to close inclusivity gaps

Inclusivity is not just about access, but also about financial sophistication.

AIA Singapore elevates industry standards with triple win at Insurance Asia Awards 2024

AIA Singapore has once again affirmed its leadership and commitment to advancing the insurance sector in Singapore by securing top accolades at the Insurance Asia Awards 2024.

AIA Myanmar ranks in top 100 MDRT companies globally, #1 MDRT company for 4th year

This recognition underscores the company's commitment to excellence, innovation, and community impact.

Paving the way for Gen Al: Technology foundation and strategic sponsorship

One of the ways to win the race to adopt Generative AI (Gen AI) and turn it into a competitive advantage is to have strong support and endorsement from the highest levels of an organisation’s leadership.

HSBC Life taps key channels to grow its HK footprint

The life insurer wants to offer solutions beyond traditional products, its CEO says.

Five goals help Allianz Lanka meet market needs

The market is expected to climb at a CAGR of 8% which insurers need to take advantage of.

Filipino gamers boost FWD's play for new markets

Besides covering health risks, the insurer plans to support other game genre and aspects of the gaming ecosystem beyond esports.

Zurich powers up its EV coverage with Tesla partnership in Australia

The Swiss insurer is simplifying coverage to help cut the cost of buying an electric car.

CrowdStrike meltdown may push up cyber insurance premiums

Insurers are refining their policies after the global tech outage to better manage risks.

AIA Group's Hong Kong HQ pairs workspaces with modern sports facilities

The revamped office space at Wan Chai now features an indoor track, gym and sports hall.

AIA Investments recognised for global stewardship, strategic partnerships

The company continues to leverage strategic partnerships and a first-to-market Elite Strategy to deliver superior, diversified returns for its customers.

TOURISM SURGE LEADS TO MORE UNINSURED PATIENTS AT JAPANESE HOSPITALS

As Japan experiences a surge in tourism, the country's top-tier medical facilities are seeing a rise in foreign patients seeking treatment. However, a significant number of these patients are leaving without paying their bills.

K-pop craze may spur demand for hourly travel cover

Income Insurance is banking on millennials and Gen Zs crazy about K-pop to drive the demand for its hourly travel insurance plan, which has been expanded to over a dozen more destinations in Asia, including South Korea.

Public backlash blocks Income-Allianz merger

The failed merger between Singapore’s Income Insurance and Allianz showed that companies should not solely base their financial decisions on the bottom line; public sentiment is just as important.

DATA PROTECTION LAWS PRESSURE IT SYSTEMS

A growing consensus amongst insurers that integrating technology is proving to be the most challenging aspect, despite their successes built on legacy systems.