Tag "Singlife"

Singlife Achieves 35% Reduction in Data Analysis Costs with Qlik

Singapore’s homegrown financial firm Singlife has announced a partnership with Qlik, provider of a business analytics platform, to step up the speed of its digital claims process. Through Qlik’s cloud data integration and visualisation capabilities, Singlife employees gain access to

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Singapore’s Platform Workers Grapple with Financial Freedom, Retirement Planning

A recent study has revealed that platform workers in Singapore face a number of financial challenges, including low levels of financial freedom, difficulty meeting monthly savings targets, and a lack of retirement planning. The ‘Financial Freedom for Platform Workers and

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Sumitomo Life Further Invests S$180 Million in Singlife

Singapore’s homegrown financial firm Singlife has received a significant boost with an investment of nearly S$180 million from Japanese insurer Sumitomo Life. The transaction is subject to regulatory approvals. Singlife’s total share capital now stands at S$2.258 billion and its

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Singlife Offers Free Life Insurance for One Year to SG Assist’s Caregivers

Local financial firm Singlife has partnered with social enterprise SG Assist to provide the first 200 caregivers who enroll in the latter’s new CaregiverCircle membership a free year of group term life insurance. The launch was marked on 15th October

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Sumitomo Life to Acquire Aviva’s Stake in Singlife for S$1.4 Billion

British insurance company Aviva plc has agreed to sell its 25.9% stake in financial services company Singapore Life Holdings (Singlife) to Sumitomo Life Insurance Company in a cash deal worth S$ 1.4 billion. The transaction is expected to close in

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Singlife and Microsoft Supports Budding Insurtechs to Adopt Generative AI

Homegrown financial services company Singlife has partnered with Microsoft to support high-growth insurance startups to adopt generative artificial intelligence (AI). Singlife will work with Microsoft to identify startups for Singlife Connect Plus (SCP) programme, an advanced version of the Singlife

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Singlife Ties up With Aspire to Offer SMEs Greater Access to Financial Services

Homegrown financial services company Singlife has partnered with Singaporean B2B fintech Aspire to enable regional small-to-medium enterprises (SMEs) greater access to financial services. This partnership is the first to be launched under the fintech accelerator programme Singlife Connect which focuses

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Insurtech Powerhouses: Meet ASEAN’s Top 10 Funded Companies

The global insurtech market is rapidly changing as startups and new technologies revolutionise the traditional insurance industry. The ASEAN region is a fertile ground for insurtech companies, driving advancements and reshaping insurance delivery. Projections suggest the global insurtech market will

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Breaking the Mold: How Next-Gen FSIs are Redefining Digital Experiences

As the world increasingly relies on digital technology, financial service institutions (FSIs) are constantly adapting to meet the changing needs of their customers. FSIs must reimagine their digital experiences to stay competitive and provide a more seamless and efficient customer

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Singlife Taps Citi and Blackrock to Revamp Its Investment Capabilities

Financial services company Singlife has appointed Citi and investment company BlackRock for a technology platform to transform its asset management capabilities from end-to-end. Singlife’s integration with Citi and BlackRock’s Aladdin platform will provide clients with complete portfolio management capabilities that

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