November 2015

Welcome to the November issue of Agents Arena!

Earlier in August, we announced the launch of another Partner’s online facility. This time it is for Enhanced HomePlus. With this new facility, you can now get an instant quote and confirm the purchase of home insurance for your customers right away. The facility is available on our corporate website under the “Business Online” tab.

Our commitment extends beyond just making the experience easy and straightforward for you. In September, we brought you the “Final Sprint” campaign. This campaign rewards you with additional 10% commission for all businesses.

We will continue to look at ways to enhance our value proposition to you and render you our very best support.

Thank you for choosing MSIG and let’s work together to end the year on a higher note!

The members of the Club Select came together on 21 August 2015 at The Westin Singapore for the annual Club Select Awards Nite. During the event, we celebrated and recognized our

agents for their outstanding achievements for the Year 2014.

MESSAGE FROM AGENCIES' SENIOR VICE PRESIDENT

Amy Ler Senior Vice President

CLUB SELECT NEWS BITE

Best Overall Performer AwardFrom Left ▪ Ms. Sunaina Sharma ▪ Mr. Michael Gourlay, CEO, MSIG Singapore

Best Performer Award (Platinum Category)From Left ▪ Mr. Michael Gourlay, CEO, MSIG Singapore ▪ Mr. Jimmy Tan

Best Performer Award (Silver Category)From Left ▪ Mr. Alex Hong ▪ Mr. Takeshi Saito, MD, MSIG Singapore

Club Select Best Performers AwardFrom Left ▪ Mr. Chan Tar Seng, Deputy CEO, MSIG Singapore ▪ Mr. Takeshi Saito, MD, MSIG Singapore ▪ Mr. Alex Hong ▪ Ms. Sunaina Sharma ▪ Mr. Michael Gourlay, CEO, MSIG Singapore ▪ Mr. Jimmy Tan ▪ Mr. Johnny Chin ▪ Ms. Amy Ler

Best Performer Award (Gold Category)From Left ▪ Mr. Johnny Chin ▪ Mr. Takeshi Saito, MD, MSIG Singapore

(JULY to AUGUST 2015)

SALES CAMPAIGN

It was indeed a call for celebration for the 166 winners of the SG50 Sales Campaign! Plus, we conducted 36 spins where the winners were rewarded with instant cash!

GEAR UP CAMPAIGN(FEBRUARY to JUNE 2015)

Congratulations to our

Gear Up winners who won cash rewards!

134

Top Producer of the Gear Up Campaign went to

Mr. Kevin Ho Yew Wing (centre).

LET S CELEBRATE TOGETHER

Ready, Get Set, Go! It’s the final sprint of the year where we reward you with extra 10% commission*.

* Please check with your account handler for the details, terms and conditions.

Customers who bought their MotorMax or MotorMax Plus

insurance between May to September 2015 were automatically

entered into our monthly SG50 draw. Consecutively from May

to August 2015, the lucky draw winners have purchased their

policies through our agents and won $1,000 each!

FINAL SPRINT TO 2016(SEPTEMBER 2015 to JANUARY 2016)

ON GOING SALES CAMPAIGN

COMMISSION

GROUP COVER

ALLOWANCE STRUCTURE

35% discount, subject to minimum nett discount of $25

15% discount for new applications and renewals, plus $20 NTUC shopping vouchers.

SINGLE TRIP

ANNUAL TRIP

5 October 2015 to 14 February 2016 (Not Applicable to Corporate Clients)PERIOD OF PROMOTION

Additional discount of up to 15% under our Group Cover for six persons and more travelling together and return on the same trip and covered on the same Plan. Applicable to Standard and Elite Single Trip Plans only.

TRAVEL PROMOTIONEASY

MOTORMAX MOTORMAX LUCKY DRAW WINNERS

PLUS PARTNER EINSURE SG50 TRAVEL CAMPAIGNEASY

20 3

520

Between 1 November to 31 December 2015, our valued partners

will receive a special administration allowance for each new

TravelEasy Single or Annual policy transacted online via eInsure.

Up to policies per policy

per policyAbove policies

This newsletter is for general information only. It is strictly for internal circulation within MSIG Insurance (Singapore) Pte. Ltd.(“MSIG”) and is not to be reproduced, in whole or in part, for external circulation to policyholders, or prospects or any other parties for whatever purpose. Information is correct as at date of print.

MSIG Insurance (Singapore) Pte. Ltd. 4 Shenton Way, #21-01 SGX Centre 2, Singapore 068807

www.msig.com.sg

youtube.com/msigsingapore

Follow us on @MSIG_SG

MSIG NEWS

MSIG SINGAPORE ACTION ASIA 50

The MSIG Singapore Action Asia 50 ultra marathon kicked off in Singapore on 25 July 2015. The event which promoted an active and healthy lifestyle attracted over 1200 runners. On the race day, we even caught sight of

our MSIG agent, Mr. Chan Meng Hui, who was the most senior participant in the race!

MSIG agent, Mr. Chan gave a thumbs-up after finishing his run!

The MSIG Singapore Action Asia 50 drew participants from all over the world.

NEW FACE @ MSIG

Terrance Tham joined us in July this year as an Executive. Please welcome him to our team!

Key changes to WICA with effect from 1 January 2016:

Maximum and minimum compensation limits for death and total permanent incapacity will be increased by about 20%

The cap on medical expenses will be raised from S$30,000 to S$36,000

Treatments that facilitate an employee’s early return to work will be claimable as part of the WICA medical expenses

a.

b.

c.

HIGHLIGHTS OF WHERE WE ARE IN SINGAPORE AS @ Q3 2015

AMENDMENTS TO THE ( WORK INJURY COMPENSATION ACT )

INDUSTRY NEWS BITE

Source: GIA statistics (Singapore Insurance Funds)

in Cargo Insurance leading at 19% of the market share

in Fire Insurance leading at 15% of the market share

largest General Insurer by GWP, holding market

share of 9%

1st 1st 3rd