10Life Insurance Product Decoder Qorus Reinvention Awards - APAC - Winner

Submitted by

10Life

Premium
12/04/2023 Insurance Innovation
First-in-market Insurance Ratings with actuarial analyses of 1000+ products in Hong Kong
Innovation details
Country
Hong Kong
Category
Insurtech
Keyword
Customer experience, Data, Life insurance

Innovation presentation

Insurance products are often too complex with non-transparent information, making it difficult for consumers to compare. 10Life uses big data to analyse the distinctive features of each insurance product, and regularly updates product information through market research and intelligence sharing with insurance companies. The 10Life team of actuaries and insurance product experts evaluate and rate the insurance products based on a standardised scoring system, enabling consumers to understand and get the right insurance.

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