Most digitally innovative insurers in Singapore revealed in report by Quest Ventures

Insurance Business Magazine Asia

NTUC Income topped the 2018 Singapore Insurance Innovation and Digital Benchmark, conducted by the Applied Innovation Institute (Aii), and venture fund Quest Ventures.

“In a world where disruption is the only constant, we believe that it is even more important for corporations to understand the incredible challenges that lie in their strategy roadmaps,” said Prof. Paris de l’Etraz, chairman of Aii. “With the average lifespan of an S&P company dropping from 67 years in the 1920s to 15 years today, we cannot emphasise [enough] the importance of developing an innovation model that works not just to boost your bottomline, but places you at the forefront of disruption.”

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