SNACK by Income Qorus Reinvention Awards - APAC - Winner
SingaporeCategory
Connected Ecosystems & MarketplacesKeyword
Insurance, Kids-targeted offerings, Gamification, Micro Insurance, Embedded finance & Super apps
Innovation presentation
Insurers in Singapore have been resilient, effectively navigating industry challenges over the years, as well as adopting new regulatory requirements. As consumers evolve to seek choice, convenience, and personalisation in their products and services, so must insurers to ensure these changing needs are met while proving greater accessibility to insurance. As one of Singapore's leading composite insurance provider of life, health, and general insurance, Income constantly seeks to disrupt the industry by breaking the barriers of conventional insurance. This has led to an innovative, industry-first lifestyle-based insurance proposition that revolutionises the way consumers engage with, purchase, and obtain insurance in Singapore. One of the gamechangers is SNACK and our suite of innovation micro-insurance and investment propositions that has evolved in the last two and half years since its launch, growing alongside customers to provide lifestyle-based financial planning while building an ecosystem of like-minded partners who see the value of insurance.
Interested in learning more?
Qorus has a library of almost 8,000 innovation case studies across critical areas like customer experience, sustainability, marketing & distribution and more that can be used to inform your decision-making.