Singapore Life Banks On Tech Rather Than Agents

Walter de Oude, CEO, Singapore Life

06-Jun-18 08:05

Singapore Life Banks On Tech Rather Than Agents

Pause
Embed

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

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

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,

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) Otter Barista's founder Eeyong Ho on building a robotic coffee business that has already served over 100,000 cups across 60+ locations.

12:00 PM

BBC World Service

This week on Science in Action, scientists have detected the largest black hole merger ever observed with LIGO picking up signals from two black holes colliding in a ‘violent’ spacetime event.

1:00 PM

A Bit of Culture

(REPEAT) Kam Raslan, Matt Armitage and Ahmad Yazid join forces to talk about the sea, owning your own clone and the F1 movie!

2:00 PM

Ringgit & Sense

(REPEAT) Khairi Shahrin Arief bin Baki, Deputy CEO at CGS International discusses asset classes and investment strategies.

2:30 PM

The Property Show

(REPEAT) Entomologist Lim Say Piau and Regine Lim of the Malaysian Pest Management Association shares practical insights into how to address bed bugs.

3:00 PM

Best of The Bigger Picture

(REPEAT) Dr Khoo Ying Hooi, an Associate Professor of International Relations and Human Rights at Universiti Malaya (UM) joins the show to reflect on where we are today as a country, in terms of fighting for justice and protecting democracy.

4:00 PM

Best of Evening Edition

(REPEAT) This World Brain Day, we explore the mysteries of the brain, and celebrate what makes every person’s brain unique.

5:00 PM

BBC World Service

This episode of People Fixing The World looks at the efforts of groups in Portugal and how they plan to improve the society they're a part of.

PROGRAMMES