Insurance Disruption Fuelling Customer-centric Innovations

Driven by the rapid advances in technology, insurers in Singapore have been taking steps to be more customer-centric in an attempt to retain loyalty and attract new policyholders. Front-end disruption in the sector will continue in 2017, as will the rise of unions between innovation-starved insurers and technology-related start-ups, industry …

Tougher to claim against private-hire cars: Lawyers

Parties involved in accidents with private-hire cars operated by companies such as Uber and Grab tend to have a harder time settling their claims, according to lawyers who act for insurers. These vehicles are involved in accidents more frequently than other passenger cars, added insurers. Major insurers that cover these …

23-year-old arrested for driving dangerously along PIE

A 23-year-old driver was arrested for driving dangerously along the Pan Island Expressway towards Tuas last Friday evening (Jan 20), police said in a news release on Thursday. The driver allegedly weaved through traffic dangerously at about 5.45pm. A police report was later lodged on Jan 22 and he was …

ElderShield: Stay voluntary or be made mandatory?

As the severe disability insurance scheme ElderShield is being reviewed, one new question is whether it should remain voluntary or be made mandatory. This is part of the feedback received by the ElderShield Review Committee so far, said Mr Chaly Mah, chairman of the 14-member committee, last night. He was …