COVID-19 and the Rise of the Travel Insurance…

By Ombudsman for Financial Services In 2020, Ombudsman for Financial Services (OFS) received a total of 775 new cases under the conventional insurance and takaful sector. There was a slight increase in the number of…

What is High Volume Low Speed Fan?

By Mr Teng Kok Wai, AIG Heard of Big Ass Fans? Big Ass Fans is a fan manufacturer but it is frequently associated with the large fans that we can sometimes see in warehouse, mall…

Ever Given: Legal and Insurance Implications

  As the saga of Ever Given and the salvage efforts continue to unfold, the longer term effects bear examining. The fragility of trade routes - which have been sorely tested by disruptions caused by…

Insurers in Asia face the Product innovation Challenge

Customer onboarding in any sector requires efficient processes and innovative products. It is difficult to attract fresh customers unless you can create customized offerings that meet their needs. Product innovations require a deep understanding of…