Chubb clinches "Asia-Pacific Insurance Innovation Award"

We are thrilled to be conferred the "Asia Pacific Insurance Innovation Award" for our CargoAdvantage® system at the StrategicRISK Asia Pacific Risk Management Awards 2017. The inaugural industry awards were independently and rigorously judged by a panel of risk experts from across the region. The "Asia-Pacific Insurance Innovation Award" recognises insurers who can demonstrate that they have developed an innovative risk and/or insurance product, solution or initiative that has significantly benefited one or more of their Asia-Pacific clients. CargoAdvantage is Chubb's proprietary and web-based marine insurance quoting and issuing system. A user-friendly platform, it has provided the tra

TWO SINGAPORE EMPLOYERS CHARGED FOR NOT INSURING WORKERS

Click on following link for the full article :- http://www.insurancebusinessmag.com/asia/news/regional-news/two-singapore-employers-charged-for-not-insuring-workers-70279.aspx SOME KEY FACTS ON WICA:- Work Injury Compensation Insurance You need to get work injury compensation insurance for all employees doing manual work, as well as all employees earning less than $1,600 a month. Who needs to be insured If you are an employer, you are required to buy work injury compensation insurance for: All employees doing manual work, regardless of salary level. All employees doing non-manual work, earning less than $1,600 a month. You must have insurance for both local and foreign employees. Fail

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