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NTUC Income launches digital portal for Integrated Shield Plans

NTUC Income has launched a portal that allows customers to digitally purchase an Integrated Shield Plan - in what is believed to be the first such portal in Singapore. The insurance company said on Wednesday that the portal (healthinsurance.income.com.sg) will offer "heightened accessibility, convenience and speed" in which an Integrated Shield Plan can be purchased, claimed and managed. It noted that previously, much of the fact-finding,...


Cryptocurrency player Ripple keen to set off blockchain waves in Singapore

FRESH from setting up an office in Singapore in September, Ripple - the blockchain firm behind what is now the world's second-most valuable cryptocurrency after bitcoin - is keen to engage the key financial centre in ways to develop the use of blockchain technology, said its top executive. Ripple, which sees South-east Asia as a priority market with pressing remittance demands, is among the firms that have held early talks with the Monetary...


DBS and Chubb in 15-year insurance distribution deal

Singapore DBS Bank and insurer Chubb have signed a 15-year partnership, under which DBS will distribute Chubb's general insurance products to SME clients in Singapore, Hong Kong, China and Taiwan. As part of the agreement, effective Jan 1, DBS will distribute, on an exclusive or preferred basis, Chubb's coverage for home, contents and selected personal accident and supplemental health (A&H) insurance products as well as general insurance products...


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