Income Insurance Limited

This morning, close to 5,000 participants joined us at the Income Eco Run (IER), where we pledged to donate $1 to the Singapore Environment Council (SEC) for every KM run! Senior Minister of State for Sustainability and the Environment, Amy Khor, graced the event as our Guest of Honour, leading the flag-off with our Chief Executive, Andrew Yeo spottingly ran 5KM for the cause. Collectively, participants clocked nearly 60,000 KM, and raised $60,000 for the Singapore Environment Council (SEC) in support of the Singapore Green Plan 2030. This was 50% more than last year! 🙌🏻 This year, IER pushed the boundaries even further for the zero waste cause in these unprecedented ways: - Running bibs were 65% smaller than the industry standard. - Participants of the Kids Category wore special bibs made of seed paper, which can be planted and grown into plants. - ⁠Hydration points used only plastic-free cups and are hence, 100% recyclable. - ⁠Food waste, e.g. banana peels, was composted where possible. - ⁠Carbon footprint of the event, including participants' commute and IER tees purchased will be offset. Heightening the inclusivity ante, we added a Kids category so that the young ones can join and get a head start on their journey towards sustainable living. Inspiring actions beyond the run, our green partners at the Income Eco Village raised public awareness for a range of topics, from the harms of fast fashion to meatless food options. We also had participants pledging to "Tread Lightly, Live Gently", facilitated by our green partner Tzuchi Foundation for more to commit to simple changes to their daily habits like taking public transportation, reducing disposables, and including more meatless options in their diet. A big shout out to all our partners and participants for making this year’s Income Eco Run a success! Here’s to building a more sustainable and resilient future for all. 💚 #IncomeInsurance #IncomeEcoRun #TowardsZeroWaste Singapore Environment Council (SEC), Tzuchi Foundation, Esprimo, Imagine+, National Trades Union Congress (NTUC), PAssionCard, Singapore Athletics, Ice Mountain, 100PLUS, Foopak, Running Department, Pressio, Share Transport, Anywheel, Sustainable Office Solutions (SOS), ALBA Group Asia, Allianz Global Investors

We are excited to share that we have committed to a five-year sponsorship to the Singapore Athletics (SA) with the launch of the Income Insurance Athletics Development Fund! The annual sponsorship of S$100K over the next five years will primarily provide enhanced support to SA in funding overseas training and competitions, aligning with preparations for the highly anticipated SEA Games in 2029 to be hosted in Singapore. The new fund will expand the opportunity for SA to groom athletic talents from a younger age across multiple disciplines, with exposure to international athletes and training facilities. This will give these medal-hopefuls an earlier head start to boost their sports performance and competitive edge. The sponsorship, the biggest of its kind for SA to date, will benefit the athletes across three disciplines (run, throw, and jumps) in SA’s National Development Squad who have been identified as possessing the potential to qualify for any of the major athletics competitions, such as the SEA Games, Asian Games, and the Olympics. We look forward to fostering athletic excellence and striving further together with our national athletes as #TeamSingapore! 🇸🇬 Read more here: https://lnkd.in/gdEfPhHG

“With the rise of AI (and its untapped potential) and digital platforms, one of the most important aspects is consumer protection, ensuring that these new technologies do not bring unintended consequences with the increased exchange of data.” – Peter Tay, Chief Digital Officer, Income Insurance. Check out the interviews with Peter by InsureTech Connect Asia, where he sheds light on our journey into microinsurance and embedded finance with our lifestyle proposition, SNACK by Income, and our insurance-as-a-service platform, HIVE by Income. These new business models aim to further champion our people-first ethos and close protection gaps among underserved segments around the region. He also shares his views on the future of insurance with the rise of new technologies such as Artificial Intelligence. Read more here: https://lnkd.in/gnBhveb2 or watch the video interview: https://lnkd.in/gus2u6Wp

What is an easy eco-friendly practice that you would recommend others to pick up?    Meet Elaine Sam H.X., a huge nature lover and an outspoken supporter of the zero waste movement. Adopting small habits like bringing her own cup when she heads out, Elaine does what she can to protect our Earth. 🌎   Follow us on LinkedIn for more buzz!   #SustainabilityMadeYours

#ICYMI - Watch us in action at the recent InsureTech Connect Asia 2024 where our Chief Executive Officer, Andrew Yeo and our Chief Digital Officer, Peter Tay exchanged insights with industry leaders at their respective panel discussions on digital transformation. Read more about their sharing and understand how Income Insurance leverages technology to innovate and create better, more sustainable value for everyone: https://lnkd.in/gXd8kBUa Edlyn Khoo, VP and Head, Regional Business also conducted a workshop on embedded insurance, where participants gain insights into launching successful embedded insurance propositions, anticipated challenges and tips on creating a winning value proposition. Our SNACK and HIVE by Income teams also welcomed interested attendees at their booths to learn more about our digital-first offerings, innovative propositions and how we leverage AI to enhance customer experience. Check out the highlights reel below!

We are pleased to be recognised as a Gold awardee of the WARC Awards Asia Pacific* in the “Instant Impact” category for Trapped, our short travel horror film! 🥇 Directed by renowned local director, Kelvin Tong, Trapped depicted the horrors of being trapped in a sub-par hotel after contracting Covid-19. Together with the film, we also launched an escape room inspired by its narrative, which was experienced by 2,600 visitors. The effective campaign resulted in a revenue growth of 45.2% and a 61.1% uplift in customer acquisition, marking the impact of such innovative, untraditional marketing strategies. The win is not just an accolade, it is testament to the culture of innovation that we have always encouraged and fostered at Income Insurance. 💡 Special shout out to BBH Asia Pacific (Singapore) and our team for the remarkable feat! 🥳 *The WARC Awards takes into consideration the creative effectiveness and other requirements of every entry before determining a single Gold, Silver, and Bronze winner in the region.

"Cancer is not a death sentence, it's a journey." – Arun Rosiah.   A 60-year-old Singaporean father, personal trainer, and former Physical Education (PE) teacher, Arun is now a fashion model because he didn’t let Stage 3 colorectal cancer stop him from pursuing his dreams. In his recent interview with CNA938, Arun shared about how he overcame his fears, challenged his mind and body, and fulfilled his dream of becoming a model after overcoming cancer.   With advancements in medical technology, more people are surviving serious illnesses and emerging stronger than ever. Arun's journey is testament to the resilience of the human spirit and an inspiration to turn life’s challenges into opportunities for growth and fulfillment. At Income Insurance, our critical illness plans provide continuous protection and care so that like Arun, anyone can bounce back. Learn more here: https://lnkd.in/gWUq9xUJ   Thank you, Arun, for inspiring people with your story and for raising awareness about the importance of being prepared by having the right protection.   Listen to the full interview here and remember to follow us for more buzz! https://lnkd.in/gQ6NYjkT   #CancerSurvivor #Resilience #IncomeMadeYours

This Fathers’ Day, we celebrate the dedicated dads at Income Insurance! 🧡 At work, they foster a supportive environment by focusing on the needs and well-being of their coworkers and customers. At home, they cherish their families, always putting their loved ones first. Hear from some of our incredible dads on how they prioritise their kids and remember to follow us on LinkedIn for more buzz! #FathersLove #IncomeMadeYours

Congratulations to Peter Tay and the Hive by Income team for snagging the "CXO of the Year" and "Insurance Venture Innovation" awards respectively at the InsureTech Connect Asia Insurer Awards! 🎉   The awards mark the team's substantial contributions and how we have invested in and partnered with the most promising, influential early-stage technology companies who hold potential to reshape the insurance industry. The recognition is not just an honour; it is testament to how we continue to do right by our customers as we leverage technology to innovate and create better, more sustainable value for everyone. Our Chief Executive Officer, Andrew Yeo, delved into this during his panel discussion at @InsureTech Connect Asia last week. Through strategic partnerships and the optimisation of data and technology, we have been riding the digital wave to ensure that we continuously provide our customers with valued products, services, and experiences. Read more here: https://lnkd.in/grf2YS7X   Diving into how our customer-centric products address protection gaps, Peter Tay (General Manager, Digital Business) also shared about how we connect with our customers to innovate and develop new products that meet their evolving needs. Our agile approach allows us to transform risks into opportunities, ensuring we are always there for our customers. To date, we continue to experiment, iterate, and grow our new business models to remain relevant and better serve our customers, partners, and communities, empowering stronger financial resilience for all, especially the underserved.   At our booth, Eugene Ng and Magdalene Chua from our Hive by Income team also shared about our strategic vision on digital transformation and how HIVE is positioned to help our partners in the region transition through the horizon of growth. With our insurtech platform and innovative propositions, we help partners realise new business opportunities by embedding into ecosystems or orchestrating their own digital presence.   Congratulations once again to the award winners and thank you InsureTech Connect for the fruitful event!    #ITCAsia2024 #InnovationMadeYours

Fun under the sun at the Income Family Day, held in conjunction with the Income Eco Run! ☀️ The morning was filled with bright smiles and laughter as our employees and their loved ones bonded over arts and crafts, exciting stage games, and treasured conversations. Held at the scenic Marina Barrage, our employees and their guests enjoyed one another's company, invoking a sense of connection and camaraderie which we all value in the workplace. As part of championing the zero waste cause, employees were treated to an array of workshops that were all focused on sustainability. From using recycled yarn to make our own coasters, to creating eco-friendly plant pots made from coconut husks, we were introduced to a myriad of do-it-yourself crafts that encourage a more sustainable lifestyle. Many of the attendees, especially the kids, left the event with their handmade mementos which serve as reminders of how every individual can build a more resilient future by contributing in our own little ways. 🧡 Check out the highlights reel to see what went down and remember to follow us on LinkedIn for more buzz!