Outstanding insurers recognized at the 7th Insurance Asia Awards

These companies have made worthwhile contributions to the advancement of the insurance industry in the Asia Pacific.

Whilst the need for digital transformation has been fast-tracked in recent years due to global threats, its integration into the insurance industry has been challenging due to a variety of factors such as outdated legacy systems and strict regulatory requirements of the industry itself. The need for lower-cost options has also become more apparent amidst losses from the pandemic.

Recent trends such as instability in economies and the increasing need for sustainability have also made the work much harder as insurers and even stakeholders navigate a period of uncertainty.

Despite these challenges, insurers have been proactive in delivering exceptional service to their customers. Companies that have undergone their respective digital transformation journeys and continue to innovate their products and solutions are at an advantage in such a rapidly moving market.   

In recognition of these organizations’ conscious efforts in helping the insurance industry pick up, Insurance Asia has honored around 100 companies across the Asia Pacific at this year’s Insurance Asia Awards.