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CO-WRITTEN / PARTNER | Staff Reporter, Singapore
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Insurance Asia Awards presents the winners in its first ever digital awards presentation

A total of 75 insurers were awarded in this year’s programme.

Over seventy exceptional insurance companies from 22 countries were recognised at the fifth Insurance Asia Awards held digitally from the first to third week of August.

For the first time, the awards were handed via visual presentation to the winners due to the pandemic. Winning companies were also interviewed throughout the whole month of August to share their thoughts on winning in the most prestigious awards programme in Asia’s insurance industry.

This year’s nominations were judged by a panel consisting of Richard Holloway, Managing Director for Southeast Asia & India Life at Milliman; Frank Dubois, Head of Insurance at KPMG Singapore; Steven Goh, Head of Insurance Audit at KPMG Singapore; Woo Shea Leen, Insurance Leader at PwC Singapore; and Liza Drew, FSO Indirect Tax Leader - Asia Pacific at Ernst & Young.

"Insurers have the responsibility to provide consumers with products that will fit the diverse needs of the market, especially during the pandemic. The Insurance Asia Awards recognizes the conscious efforts of these companies to put out solutions and deliver exceptional value to its stakeholders," said Tim Charlton, publisher of Insurance Asia magazine.

Below is a list of all the winning companies. Congratulations!

INSURANCE ASIA AWARDS 2020 WINNERS

Aafiya Medical Billing Services

  • Insurance Administrator of the Year - UAE

Aflac Life Insurance Japan Ltd.

  • International Life Insurer of the Year - Japan
  • Insurance Initiative of the Year - Japan

AIA Australia

  • International Life Insurer of the Year - Australia

AIA Singapore

  • Domestic Life Insurer of the Year - Singapore

AIA Thailand

  • International Life Insurer of the Year - Thailand

AIG General Insurance Company, Ltd.

  • Claims Initiative of the Year - Japan
  • CSR Initiative of the Year - Japan

Al Wathba Insurance

  • Digital Insurance Initiative of the Year - United Arab Emirates

ALLIANCE INSURANCE BROKERS LLC

  • Domestic Broker of the Year - Oman

AmGeneral Insurance Berhad

  • Domestic General Insurer of the Year - Malaysia

APRIL Hong Kong Limited

  • Marketing Initiative of the Year - Hong Kong

APRIL Singapore Pte Ltd

  • Service Initiative of the Year - Singapore

Avo Insurance Company Limited

  • Virtual Insurer Product of the Year - Hong Kong

AXA Affin General Insurance Berhad

  • New Insurance Product of the Year - Malaysia
  • International General Insurer of the Year - Malaysia

AXA AFFIN Life Insurance

  • Digital Insurance Initiative of the Year - Malaysia

AXA AFFIN Life Insurance - Rohit Nambiar

  • CEO of the Year

AXA France Vie – India Reinsurance Branch

  • CSR Initiative of the Year - India

AXA Insurance Pte Ltd (Singapore)

  • International Life Insurer of the Year - Singapore

AXA Tianping P&C Insurance Co., Ltd.

  • International General Insurer of the Year - China

BAJAJ ALLIANZ GENERAL INSURANCE

  • Digital Insurance Initiative of the Year - India
  • Marketing Initiative of the Year - India

Bao Viet Insurance Corporation

  • Mobile App Insurance Initiative of the Year - Vietnam

BNP Paribas Cardif Life Insurance

  • International Life Insurer of the Year - South Korea
  • Digital Insurance Initiative of the Year - South Korea

Cathay Life Insurance

  • CSR Initiative of the Year - Taiwan

CB General Insurance Plc.

  • Insurance Start-up of the Year - Cambodia

China Life Insurance Co. Ltd (Taiwan)

  • Digital Insurance Initiative of the Year - Taiwan
  • Insurance Initiative of the Year - Taiwan

Cigna International Markets

  • Marketing Initiative of the Year - Singapore

CLIMBS Life and General Insurance Cooperative

  • Marketing Initiative of the Year - Philippines

DAI-ICHI LIFE INSURANCE COMPANY OF VIETNAM

  • CSR Initiative of the Year - Vietnam

Digit Insurance

  • Insurance Start-up of the Year - India

Direct Asia Insurance (Singapore) Pte Ltd

  • Direct Insurer of the Year - Singapore

E.design Insurance Co.,Ltd.

  • Digital Insurance Initiative of the Year - Japan

Etiqa Insurance Pte. Ltd.

  • Millennial Insurance Initiative of the Year - Singapore

Etiqa Philippines

  • CSR Initiative of the Year - Philippines

Expat Insurance

  • Domestic Broker of the Year - Singapore

Frank.co.th/bolttech

  • Domestic Broker of the Year - Thailand

FWD Life Insurance Corporation

  • Digital Insurance Initiative of the Year - Philippines

Gallagher Bassett Services Pty Ltd

  • CSR Initiative of the Year - Australia
  • Marketing Initiative of the Year - Australia

Generali Life (Hong Kong) Limited

  • Juvenile Health Insurance Initiative of the Year - Hong Kong

Great Eastern Takaful Berhad

  • CSR Initiative of the Year - Malaysia

Hong Leong Assurance Berhad

  • Domestic Life Insurer of the Year - Malaysia

HSBC Life Singapore

  • New Insurance Product of the Year - Singapore

IndiaFirst Life Insurance Company Limited

  • Claims Initiative of the Year - India

KBZ LIFE Insurance Co., Ltd.

  • Domestic Life Insurer of the Year - Myanmar

KBZ MS General Insurance Company Limited

  • Domestic General Insurer of the Year - Myanmar
  • Digital Insurance Initiative of the Year - Myanmar

Krungthai-AXA Life Insurance Public Company Limited

  • Digital Insurance Initiative of the Year - Thailand
  • Marketing Initiative of the Year - Thailand

MB Ageas Life Insurance Company Limited

  • Domestic Life Insurer of the Year - Vietnam

MLC Life Insurance

  • Claims Initiative of the Year - Australia

MSIG Insurance (Hong Kong) Limited

  • Insurance Initiative of the Year - Hong Kong

MSIG Insurance (Singapore) Pte. Ltd.

  • Claims Initiative of the Year - Singapore
  • CSR Initiative of the Year - Singapore

Muang Thai Life Assurance Public Company Limited

  • Domestic Life Insurer of the Year - Thailand
  • New Insurance Product of the Year - Thailand

Nan Shan Life Insurance Company

  • Domestic Life Insurer of the Year - Taiwan

New Life Insurance LLC

  • Domestic Life Insurer of the Year - Uzbekistan

Peak Reinsurance Company Limited

  • Asian Reinsurer of the Year

Prudential Assurance Malaysia

  • Health Insurance Initiative of the Year - Malaysia

Prudential Vietnam Assurance Private Ltd.

  • Digital Insurance Initiative of the Year - Vietnam
  • International Life Insurer of the Year - Vietnam
  • New Insurance Product of the Year - Vietnam

PT Asuransi Allianz Life Indonesia

  • Insurance Initiative of the Year - Indonesia

PT Asuransi BRI Life

  • Digital Insurance Initiative of the Year - Indonesia

PT Asuransi Raksa Pratikara

  • Claims Initiative of the Year - Indonesia

PT Great Eastern Life Indonesia

  • Marketing Initiative of the Year - Indonesia

QBE Hong Kong & Shanghai Insurance Ltd.

  • Digital Insurance Initiative of the Year - Hong Kong

QBE Insurance (Singapore) Pte Ltd

  • Digital General Insurance Initiative of the Year - Singapore

Qoala Insurtech

  • Insurtech Initiative of the Year - Indonesia

Sagarmatha Insurance Company Limited

  • Marketing Initiative of the Year - Nepal

Seoul Guarantee Insurance

  • Domestic General Insurer of the Year - South Korea
  • CSR Initiative of the Year - South Korea
  • Asian Credit Insurer of the Year

Singapore Life Pte Ltd

  • Digital Life Insurance Initiative of the Year - Singapore

Softlogic

  • Credit Insurer of the Year - Sri Lanka

Swiss Re Asia Pte. Ltd., Korea Branch

  • Insurance Initiative of the Year - South Korea

Swiss Re Corporate Solutions

  • New Insurance Product of the Year - Hong Kong

Taiwan Life Insurance Co. Ltd

  • Claims Initiative of the Year - Taiwan
  • New Insurance Product of the Year - Taiwan

Takaful Brunei

  • Digital Insurance Initiative of the Year - Brunei

TakeCare Insurance Company, Inc.

  • Digital Insurance Initiative of the Year - Guam
  • Insurance Initiative of the Year - Guam

Thai Life Insurance Public Company Limited

  • CSR Initiative of the Year - Thailand

The Insular Life Assurance Company, Ltd.

  • Domestic Life Insurer of the Year - Philippines

Underwriting Agencies of Singapore Pte Ltd

  • Managing General Agent of the Year - Singapore

Union Assurance PLC

  • Domestic Life Insurer of the Year - Sri Lanka
  • New Insurance Product of the Year - Sri Lanka
  • Digital Insurance Initiative of the Year - Sri Lanka

Young Insurance Company Limited

  • CSR Initiative of the Year - Myanmar

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