Aviva Singapore: A Comprehensive Guide to Insurance Plans and Services
Aviva Singapore is a company that offers a wide range of insurance products and services. The company has been in operation for many years and has established a strong reputation in the Singaporean market. Recently, Aviva Singapore has undergone some changes, including a merger with Singlife and a rebranding of the company.
The merger with Singlife has created one of the largest insurance companies in Southeast Asia, and the new company is now known as Aviva Singlife Holdings Pte Ltd. This merger has allowed Aviva Singapore to expand its product offerings and provide customers with a wider range of options. Additionally, the rebranding of the company reflects its Singapore-grown identity and regional ambitions.
If you are interested in insurance products and services in Singapore, Aviva Singapore is a company that you should consider. With its wide range of offerings and strong reputation, Aviva Singapore is well-positioned to meet your insurance needs.
Company Overview
Aviva Singapore is one of the largest homegrown financial services companies in Singapore, formed in January 2022 from the merger of Singlife and Aviva Singapore. The company has a strong market presence in Asia and has made strategic mergers and acquisitions to expand its operations.
History and Growth
Aviva Singapore has a rich history of growth and expansion. It is a subsidiary of Aviva, a leading insurance company in the FTSE 100 Index on the London Stock Exchange. In 2020, Aviva completed the sale of a majority equity shareholding in Aviva Singapore to a consortium led by Singapore Life Ltd (Singlife) for $3.2 billion. The merger between Singlife and Aviva Singapore in January 2022 further strengthened the company’s position in the market.
Market Presence in Asia
Aviva Singapore has a strong market presence in Asia, providing life insurance and Medisave-approved Integrated Shield plans as well as supplementary plans. The company manages S$11.8 billion of assets and is an approved provider to offer Integrated Shield Plans and ElderShield Supplements, which are top-ups to the national MediShield Life and ElderShield schemes.
Strategic Mergers and Acquisitions
Aviva Singapore has made strategic mergers and acquisitions to expand its operations in Asia. In 2020, Aviva sold a majority equity shareholding in Aviva Singapore to a consortium led by Singapore Life Ltd (Singlife). The merger between Singlife and Aviva Singapore in January 2022 helped to create a stronger, more competitive company with regional ambitions. In addition, Aviva Singapore has partnered with Sumitomo Life to expand its operations in Asia.
Products and Services
Insurance Solutions
Aviva Singapore offers a wide range of insurance solutions to meet your needs. Whether you are looking for protection for yourself or your loved ones, Aviva Singapore has got you covered. Aviva Singapore’s life insurance policies provide comprehensive coverage against death, disability and critical illness. You can choose from a range of policies to suit your needs, including term life, whole life and endowment plans.
Investment Opportunities
Aviva Singapore offers a range of investment opportunities to help you grow your wealth. Whether you are looking for long-term growth or short-term gains, Aviva Singapore has a range of investment products to suit your needs. You can choose from a range of investment-linked policies, which allow you to invest in a range of funds, or you can choose to invest directly in Aviva Singapore’s funds.
Technology and Innovation
Aviva Singapore is committed to using technology and innovation to provide you with the best possible experience. Aviva Singapore’s Navigator app allows you to manage your policies and claims from your mobile device, while its DollarDex platform allows you to invest in a range of funds online. Aviva Singapore is also developing new and innovative financial products to help you meet your financial goals.
Aviva Singapore’s product range includes protection solutions, investment products, financial services and mobile savings. With Aviva Singapore, you can be sure that you are getting the best possible products and services to meet your needs. Open a Singlife account today and start enjoying the benefits of Aviva Singapore’s innovative financial products.
Frequently Asked Questions
How can I log into MyAviva account?
To log into your MyAviva account, you can visit the Aviva website and click on the “Login” button on the top right corner of the page. You will then be prompted to enter your email address and password. If you have not registered for MyAviva yet, you can do so by clicking on the “Register” button and following the instructions.
What is the contact number for Aviva’s customer service?
If you need to get in touch with Aviva’s customer service, you can call their hotline at 1800 880 4888. The hotline is available from Monday to Friday, 8:45 am to 5:30 pm, and on Saturdays, 8:45 am to 1 pm. Alternatively, you can also reach out to them via email or through their social media channels.
What types of insurance coverages does Aviva offer?
Aviva offers a wide range of insurance coverages, including life insurance, health insurance, travel insurance, home insurance, car insurance, and more. They also offer investment-linked policies and savings plans to help you grow your wealth over time.
How can I check the details of my policy with Aviva?
To check the details of your policy with Aviva, you can log into your MyAviva account and access your policy information from there. Alternatively, you can also contact Aviva’s customer service hotline or send them an email to request for your policy details.
Has Aviva been acquired by another company?
Yes, Aviva Singapore has been acquired by Singlife, an insurtech start-up, on 1 January 2022. The new company formed by the merger is now known as Singlife.
Is the ownership of Singlife linked to the Singapore government?
No, the ownership of Singlife is not linked to the Singapore government. Singlife is a privately-owned company that is backed by investors such as Aflac Ventures, Sumitomo Life Insurance Company, and others.
