New player riding on insurtech joins local life insurance market
Singapore
RIDING on the fintech and insurtech wave sweeping Singapore shores, newcomer Singapore Life harbours hope it would be able to make headway in an already intensely competitive life insurance market.
The insurtech company has received the green light from the Monetary Authority of Singapore (MAS) to be a fully licensed direct life insurer, making it the first local life insurance company to be licensed here in 47 years.
TRENDING NOW
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
US trade chief to consider trade deal tariff caps in excess capacity probe
Bee Cheng Hiang customers’ e-mail addresses exposed in Singapore’s first case of AI-related data breach
DFI Retail to take over Starbucks business in Asia from Maxim’s Caterers