Victory lap
Source: Asia Insurance Review | Dec 2022
Winners of the 26th Asia Insurance Industry Awards share their thoughts on their accolades and what it means for the future of their company.
| We salute the winners of 26th Asia Insurance Industry Awards 2022 |
| General Reinsurer of the Year |
Munich Re |
| Broker of the Year (Joint winner) |
Marsh Asia |
| Digital Insurer of the Year |
Cathay Life Insurance Co, Ltd. |
| Sustainability Award |
Cathay Life Insurance Co, Ltd. |
| Health Insurance Company of the Year |
Nan Shan Life Insurance Co., Ltd. |
| Life Insurance Company of the Year |
Muang Thai Life Assurance Public Company Limited |
| InsurTech of the Year |
bolttech |
| General Insurance Company of the Year |
Bajaj Allianz General Insurance Co. Ltd. |
| Broker of the Year (Joint winner) |
Prudent Insurance Brokers Pvt Ltd |
| Woman Leader of the Year |
Ms Loh Guat Lan (Hong Leong Assurance Berhad) |
| Technology Initiative of the Year |
ICEYE |
| Innovation of the Year |
FWD Insurance (FWD Care) |
| Young Leader of the Year |
Mr Hassan Kassim (Amana Takaful Insurance PLC) |
| Life Reinsurer of the Year |
Swiss Re |
| Educational Service Provider of the Year |
Singapore College of Insurance |
Life Insurance Company of the Year
Muang Thai Life Assurance Public Company Limited |
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Winning this prestigious award truly recognises our success during many challenges. It is a significant encouragement not just for the CEO but all employees, agents and other stakeholders of Muang Thai Life Assurance. Moreover, it motivates all of us to continue the meaningful work we do and keep up our success.
We will continue to improve and meet international standard. Amid the fast-changing insurance market, we are committed to serving customers by bringing high-quality products and services, striving for continuous improvement in service delivery and, of course, without compromising excellent human management, risk management and business sustainability.
– Muang Thai Life Assurance, Mr Paweennasorn Maurice
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General Insurance Company of the Year
Bajaj Allianz General Insurance Co. Ltd.
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Winning this award reinforces our faith that we are on the right path to solving customer worries and making a difference in society in the best possible ways by using insurance as a tool. The award is a testimony of all the good work that our organisation has been doing over the years.
As a company we have always remained ahead of the market. We will ensure that we continue to grow above the market and continue to innovate and disrupt the market in our endure of excellence.
– Bajaj Allianz General Insurance, Mr Tapan Singhel
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Health Insurance Company of the Year
Nan Shan Life Insurance Co., Ltd.
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We are honoured to receive this reward. This is not only a recognition for our efforts, but also our focus on always putting customers as our top priority.
Moving forward, Nanshan Life will continue to interact with customers and further expand the health guardian circle using advanced technologies and working with more alliances to provide more applicable products and services to further enhance the wellbeing of our existing potential customers.
– NanShan Life, Ms Emily Liao
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Digital Insurer of the Year and Sustainability Award
Cathay Life Insurance Co, Ltd.
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This year, we are honoured to be the winners of Sustainability Award and Digital Insurer of the Year. Thank you to the judges for affirming our distinct goals for sustainability and digital. Cathay Life has always been a leader in sustainable and digital insurance, looking forward to leading the insurance industry in Taiwan. After winning these awards, we know that we are fulfilling our expectation step by step.
Receiving these awards proves that Cathay Life is a twin transformation company. We will keep going green and digital. In addition, we will continue to ask ourselves: What if we could do more? If we can do better than yesterday, we will achieve a better Cathay Life in 2023.
– Cathay Life, Ms Theresa Lin
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InsurTech of the Year
bolttech
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AIR’s Asia Insurance Industry Awards are deeply respected across the industry, standing the test of time in their 26th year. So, it is an exceptional honour to be named the InsurTech of the Year. As an InsurTech launched in 2020, we are proud to receive this distinguished recognition so early.
The year 2022 has been an incredible oneof growth for bolttech. We now have 800 market-leading distribution partners and 200 insurers globally on our insurance exchange. Our achievements are testament to the shared vision and perseverance of the entire bolttech team and the support of all our partners who have been instrumental in our ongoing success.
Looking ahead, we see tremendous opportunities to grow our insurance exchange and help close the global protection gap by expanding our ecosystem of partnerships to meet more customer needs. We hope to continue to deliver innovative solutions with our partners to keep pace with their customers’ changing lifestyles and that this continues to be award-winning work.
– bolttech, Mr Rob Schimek
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Technology Initiative of the Year
ICEYE
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We are honoured to be recognised by such a prestigious panel of industry leaders for the work ICEYE has carried out in the region with our partners. We view this award as a testament to the dedication of our team in supporting a more efficient and effective industry response to catastrophes through better and faster access to critical hazard data.
Our aim is to utilise the platform that our award success has provided to work more closely with the (re)insurance market across Asia as we look to enhance the value our data brings to all aspects of the catastrophe response process – from early warning alerts and client communication through to claim triage and reserve management.
– ICEYE, Mr Kohei Watanabe
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Innovation of the Year
FWD Insurance (FWD Care)
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Winning the award highlights that we’re taking big steps towards our vision of changing the way people feel about insurance. It is one way to highlight our focus on developing, and promoting, innovation – with customers at the heart of everything we do.
We are energised and inspired to further enhance the FWD Care offering across our markets in Asia.
– FWD, Ms Joanna Chu
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Service Provider of the Year
10Life Hong Kong Limited
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Winning this prestigious and renowned award in the Asian insurance industry is very meaningful for us as a humble InsurTech start-up company. It is an honourable recognition for our dedicated team working hard to provide valuable services to our 2m-plus annual active users, 30-plus insurance companies and 1,000-plus intermediaries.
In the coming year we plan to expand our service depth and breadth with data and technology by offering innovative solutions to more insurance companies, intermediaries and a wider consumer base, while continuing to strive towards our vision to bring fair insurance to life.
– 10Life Hong Kong, Ms Iris Lun
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