Singapore Life Banks On Tech Rather Than Agents
Walter de Oude, CEO, Singapore Life
06-Jun-18 08:05
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The newest player in Singapore's insurance sector - Singapore Life - is the first local insurer with no foreign partners to be licensed by the city-state since 1970. Having just commenced operations last year, they have since acquired a S$6 billion business portfolio from Zurich Life Singapore.
We talk to Singapore Life's CEO Walter de Oude on the company's business model and M&A plans.
The company utilises tech instead of agents to do business; is this the way forward for insurance companies?
Are the days of insurance agents numbered?
Presented by: Joyce Goh
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Categories: Personal Finance, Investments, Financial Literacy, Business Analysis, Social Issues
Tags: IPO, Initial Public Offering, Insurers, Premiums, Life Insurance, Fintech, Insure Tech, Technology, Insurance, singlife.com,