For over 100 years, MSIG has been Asia’s leading general insurance brand with a global presence in 46 countries. Today, it is the number one Japanese insurer (GWP) with A+ Stable credit rating. MSIG is the only general insurer with operations in all the ASEAN markets. In Asia, it is also represented in Australia, New Zealand, Hong Kong, China, Korea, India and Taiwan. In FY2018, MSIG’s gross written premium in the region was approximately USD 3.1 billion, and has over 10,600 employees.
For its digitalisation initiatives and innovation in the region, here are some of the awards MSIG recently won:
Singapore: (1) Asia’s Most Transformative Insurer by Financial Insights Innovation Awards 2019, (2) Digital Insurer of the Year by Triple A Digital Awards 2018, (3) Travel Insurance Initiative of the Year and (4) New Insurance Product & Claims Initiative of the Year by Insurance Asia Awards 2019 and 2018 respectively.
Hong Kong: (1) Gold Award for Best App by the Mob-Ex Awards 2019, (2) Digital Insurance Initiative of the Year by Insurance Asia Awards 2019, (3) Gold Award for Best Mobile / App e-Commerce and (4) Gold Award for Best User Experience, both by Asia eCommerce Awards 2019.
Thailand: E-Claims award by Office of Insurance Commission 2019.
MSIG Holdings (Asia) Pte Ltd, located in Singapore, is the regional holding company and a wholly owned subsidiary of Mitsui Sumitomo Insurance Company, Limited, within the wider MS&AD Insurance Group, which is ranked 7th* among non-life insurance groups in the world.
*Source: 2018 Fortune Global 500, property & casualty insurance category