Tag: insurer

  • Insurer Baloise Targeted in Cyber Attack

    Insurer Baloise Targeted in Cyber Attack

    The Basel-based insurer suffered a cyber attack early this week.

    Baloise detected an attack on parts of its IT infrastructure on Monday, it said in an statement Tuesday.

    According to current reports, no company or customer data was stolen in the attack. Baloise took countermeasures within a short time to fend off the attack and identified that its German subsidiary Basler Deutschland, was targeted, the statement said.

    Baloise’s service traffic could suffer further restrictions, it said.

    We will continue to do everything we can to protect Baloise and data of its customers and partners from such attacks, the statement said.

  • Deliveroo Partners with the 1st Virtual Insurer to Provide Special Medical Benefits to Deliveroo Riders and Their Families

    Deliveroo Partners with the 1st Virtual Insurer to Provide Special Medical Benefits to Deliveroo Riders and Their Families

    Committed to always finding new ways to support riders, who are at the heart of the business, Deliveroo announces today a partnership with Hong Kong’s first virtual insurer  Bowtie who will offer BowtieGo healthcare membership plans to 6,000 Deliveroo riders and their families, starting at zero cost. As rider health and safety are among Deliveroo’s highest priorities, the move follows recent efforts to provide riders with free COVID-19 testing, education opportunities and accident and injury insurance coverage which has been arranged and administered by Marsh since 2018.

    All Deliveroo riders and their families can now enjoy medical benefits  designed with three unique healthcare plans with basic coverage starting at $0. Supported by Bowtie, the entry-level healthcare programme is free of cost to riders and offers  member’s exclusive rate on unlimited GP consultations and Chinese Medicine doctor visits (medicine, acupuncture and bone setting). For an additional monthly fee, riders can also select an insurance plan which will allow them to access outpatient and dental treatments at discounted rates with the option to also receive a free annual body check.

    Brian Lo, General Manager, Deliveroo Hong Kong, said: “Having spoken to our riders and listened to their feedback, we know healthcare matters to them and so it matters to us. We knew it was the right time for us to further our efforts in helping our riders to access more health benefits. Bowtie will offer comprehensive and unique benefit packages that will keep our riders and their beloved ones healthy and protected.”

    In Hong Kong, all Deliveroo riders are already automatically enrolled into a completely free insurance package covering accident and injury which is arranged and administered by Marsh. To add on that, this additional medical benefits to Deliveroo Riders, follows a number of recent initiatives from Deliveroo to better riders’ on-the-job experience, earning potential and wellbeing. This April, Deliveroo introduced the Rider Academy in Hong Kong to offer over 700+ free online courses for riders and their families, as well as free COVID-19 testing with Project Screen by Circle. Additionally, Deliveroo provided free masks and hand-sanitisers to riders in Hong Kong earlier this year.

     

  • Insurer Sun Life Indonesia values qualified agents

    Insurer Sun Life Indonesia values qualified agents

    Life insurer Sun Life Indonesia aims to have more qualified agents to market their products rather than just make the numbers, the company top executive has said.

    The firm gathered on Friday 1,000 of its most high-achieving agents for the annual “Year Start” event in Jakarta to brief them of the insurer’s vision this year and to ensure them to be ready to face a more competitive insurance industry.

    “We are launching several new initiatives in 2017, which are designed to improve our marketing agents’ productivity and to also encourage them to develop their skills and capacity,” Sun Life president director Elin Waty said.

    She added that the agency’s contribution reached around 55 percent of the firm’s insurance distribution last year and the company planned to have a similar share this year.

    The insurer uses a contract maintenance system, which obliges its agents to achieve certain targets or their contracts will be terminated to ensure the company has capable agents.

    “If this contract maintenance system wasn’t implemented, my agents would probably number 100,000,” Elin said.

    Currently, Sun Life has around 10,100 agents nationwide, a steady increase from its 9,000 agents in 2015.

    “We aim to do better in 2017 by focusing on our human resources, technology and brand,” said Sun Life Asia president Kevin Strain.