Insurance

Industrialising AI pilots is insurers’ next enterprise test

Prudentials Mohit Tandon said usage is now the million-dollar question.

Human oversight remains central as insurers adopt agentic AI: valantic

Agentic AI handles verification and analysis whilst people make final decisions.

Organised fraud forces banks and insurers to pool intelligence

AI alone won't stop it, OCBC warns as criminal networks grow in scale.

Asia insurers risk irrelevance as protection gaps widen

An expert said Singapore saves 36% of its income despite having high protection and critical illness gaps.

Insurers chase AI gains as workers fear job losses

Ninety-two million jobs may be displaced by AI by 2030.

Singapore eyes new corporate structure for insurance risk transfer

MAS says the framework could speed up risk transfer to capital markets.

Income sells digital insurance platform to Embed Financial

The digital insurance platform was built inside Income over the past five years.

Income Insurance names DBS veteran Lim Sim Seng as chairman

The board shake-up takes effect 1 July as the firm advances governance reset.

Income Insurance shareholders gain exit route via AltaX

Phillip Securities will handle share sales under the revived liquidity arrangement.

Igloo deploys AI travel insurance sales channel in Indonesia

It handles discovery to policy issuance in single conversational flow.

KoverNow launches watch insurance through Watch Exchange

Luxury timepiece buyers can secure worldwide protection at checkout or later.

HSBC Life's Prestige Circle to serve high-net-worth needs in Singapore

It combines insurance with advisory, health, and lifestyle services. 

Singlife's heritage income plan locks payouts up to 150 years

It blends retirement income with inheritance planning mechanics.

AIA Singapore turns 95, launches new illness plan

The new plan was introduced as part of the insurer’s 95th anniversary.

Manulife Singapore to offer multi-cancer blood test starting May

This will be rolled out through its Guardant Health partnership.