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Digital Insurance monthly news for Prudential Singapore – July 2020













Note* – To get all the results, please login to The Digital Insurer
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Latest From Prudential  

The full-time Singaporean employees of close to 150 fintech firms in Singapore can now get insurance coverage against accidental death and injury for free up till early April next year, under a collaboration between insurer Prudential Singapore
The Business Times

The insurance industry remains resilient despite the Covid-19 pandemic and proves to be a safe anchor in uncertain times. Prudential Assurance Malaysia Bhd CEO Gan Leong Hin  said the business has prevailed even in the hard times because of its steadfast commitment…
The Malaysian Reserve

Life insurance company Prudential Indonesia is focusing on affordable insurance products amid the pandemic, which has hit people’s purchasing power, its president director has said.
The Jakarta Post
Industry Watch  

American International Group has announced that it has entered into an agreement with Safeco Insurance, a Liberty Mutual company, and Heritage Insurance Holdings to offer AIG Private Client Group’s…
Insurance Business America

Great Eastern announced a strategic investment of US$70 million in Axiata Digital’s financial services (DFS) business, via a newly created holding company wholly owned by Axiata Digital, the digital services arm of Axiata Group Berhad.
Great Eastern

Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management, solutions for financial institutions has been selected by Aviva, to replace Know Your Customer (KYC)…
bobsguide


AIA has received approval from the China Banking and Insurance Regulatory Commission to convert its Shanghai Branch into a wholly-owned subsidiary of AIA. This new subsidiary will be incorporated in Shanghai…
Asia Advisers Network

AXA has partnered with The Western Union Company to provide inclusive insurance products to Western Union’s customers using its online service to send money. Last week, an initial pilot called “Transfer Protect”was launched in France with AXA Partners.
CoverageR

Manulife Hong Kong announced the launch of a ‘Virtual Face-to-Face’ agency sales platform, which is an InsurTech solution, for all Manulife individual insurance products in the country, except investment-linked assurance schemes. 
IBS Intelligence

A new digital insurance launched by NTUC Income, SNACK looks to disrupt the insurance market with micro premiums, a concept whereby the insured stacks up coverage in the background just by going about his/her daily activities.….
AsiaOne
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Topic Monitor:  Tech Enabler – Customer Service & Experience

Who hasn’t asked at some point, “How will this pandemic affect me and my family? How will it affect our lives? Our jobs, education, graduation, birthdays, anniversaries, vacations, social lives…?”
KPMG

During the first half of 2020, Australia has had to endure multiple crises. From bushfires, to floods and now the global pandemic of COVID-19  as a result, insurance companies across health, automotive and housing…
Global Banking Finance

From enabling customer self-service for your policies and claims, using wearable data to create personalised policies based on the number of steps a customer averages per day, to new on-demand products..
Insurance Business Australia
Upcoming Webinar 

Join us at this 75-minute webinar, a monthly series of knowledge sharing sessions and listen to the TDI Academy industry experts present, participate in Q&A and polls relating to “Underwriting P&C”; one of the lessons from Course 4 “Value Chains Innovations” from The ADI Programme.
Topic Highlights:
  • Trends affecting P&C Underwriting
  • Underwriting Today: Processes, Technology and the Ecosystem
  • Transformational Technologies in Underwriting: Examples and Use Cases
Unable to access ZOOM? 
You may join our webinar from YouTube Live Stream on the actual day but you will then be able to “view only” and not participate in Q&A or polls. We recommend that you consider accessing ZOOM from your personal mobile phones/IPAD devices as the first alternative.
Please register your interest to join the webinar via YouTube and we will email you the YouTube Link.
Refer a colleague to join the Corporate Member Programme
Watch Recording –  Digital Ecosystems in India – Extending the boundaries of Value Creation in Life & Health Insurance

Latest TDI Newsletters

The topic for this edition is all about AI and I hope you agree it is packed full of useful content and insights. Artificial Intelligence is transforming our world and of course insurance is no exception. Things are moving fast even though we are likely in the ‘foothills’ of the development of AI in insurance.

TDI’s Simon Phipps, alongside Mark Breading from Strategy Meets Action, ask why, despite the potential of AI being well-recognised across the claims function, do insurer’s AI claims projects struggle to get beyond the POC phase.
Customised Search 
5 minute demo of the TDI Knowledge Portal
Click on the button below to watch the introduction video from Hugh Terry, Founder of The Digital Insurer, which outlines the Corporate Membership Programme in more detail. We hope that you find the information provided in TDI’s knowledge portal useful.
TDI Knowledge Portal
If you have any feedback on how we can improve the service please contact the Community Sponsor manager at cs@the-digital-insurer.com or contact your company representative at jerrica.lh.lian@prudential.com.sg
 
TDI is committed to ongoing improvements in our services and is open to innovative ideas. You can also submit your digital jobs and digital media coverage requests to your company representative.
 
Simply visit The Digital Insurer and log in to get access to the Prudential Singapore dashboard where you can search all the news.
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#24-10 Shaw Centre Singapore 228208
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