Tag "Singlife"

Singlife Completes Migration to AWS, Now Singapore’s First Cloud-Native Insurer

Homegrown financial services company Singlife has successfully completed its migration to Amazon Web Services (AWS). The firm claims to be the first insurer in Singapore to be fully cloud-based. Announced in late 2022, the multi-phased project, supported by AWS Professional

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5 Cutting-Edge Insurtech Solutions from Singapore to Know About

The insurtech market in Singapore has been attracting increasing investment in recent years as investors recognise the industry’s potential to disrupt the traditional insurance sector. One of the main reasons for this increased investment is the strong government support for

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Singlife Rolls Out Insurance Plan Tailored to Dementia and Mental Health Care

Homegrown financial services company Singlife has unveiled the Singlife Dementia Cover, an insurance plan in the market offering annual payouts for those living with dementia and other mental health issues. This was made possible through a partnership with Dementia Singapore,

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Fintech Rises as Most Equitable Field for Female-Founded Startups

In a world where the tech industry is predominantly male-dominated, female entrepreneurs in Southeast Asia are slowly but surely making their mark.  The year 2023 has seen significant strides in the right direction, with startups having at least one female

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Singlife and Doctor Anywhere Introduce Health Plan for Gig Workers

Homegrown financial services company Singlife has partnered with Doctor Anywhere, a local tech-driven healthcare firm, to launch a new health subscription plan aimed at self-employed individuals, including gig workers. The plan, named DA Healthwise Plus, is designed to provide affordable

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Financial Sector Dominates LinkedIn’s ‘Best Workplaces’ in Singapore

LinkedIn has released its Top Companies list for 2024, identifying the 15 best workplaces for career growth in Singapore. Financial institutions dominate this year’s rankings, emphasizing the sector’s focus on employee experience and adaptability in integrating artificial intelligence. The analysis,

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Singlife Now Officially a Fully-Owned Subsidiary of Sumitomo Life

Homegrown financial services company Singapore Life Holdings (Singlife) is now officially a fully-owned subsidiary of the Japanese insurance giant, Sumitomo Life. The acquisition deal was greenlit by regulators in both Singapore and Japan on 22 December 2023. The deal values

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Singlife Unveils Upgraded Insurance Plans to Address Coverage Gaps

Homegrown digital-first insurer Singlife today announced the roll-out of two revised insurance plans: Singlife Elite Term II and Singlife Cancer Cover Plus II, aimed at enhancing the financial stability and peace of mind for the Singaporean populace. This initiative aims

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5 Use Cases Of Generative AI (Gen AI) in Banking, Insurance Within Asia

The emergence of generative artificial intelligence (Gen AI) represents a pivotal moment in the technological evolution, significantly altering the digital financial services landscape in the Asia Pacific region where we are seeing a rise of use cases for generative AI

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Fitch Sees Credit Rating Boost for Sumitomo Life Once Singlife Acquisition Finalises

Credit rating agency Fitch Ratings highlighted that Sumitomo Life Insurance Company’s planned acquisition of Singapore-based financial services firm Singlife is poised to bolster the Japanese insurer’s credit standing. The acquisition, still awaiting regulatory approval in Japan and Singapore, is expected

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