Etiqa Life & General Assurance Philippines Inc. has been honored with the “Insurtech Initiative of the Year” award by the Singapore-based Charlton Media Group for its inventive gadget insurance product.
The insurance offering, designed to safeguard users of electronic devices from unforeseen repair expenses, marked the company’s debut into embedded insurance within a significant e-commerce platform.
This achievement is underscored by the impressive outcome of generating seven million new policies by the conclusion of 2022.
The recognition was based on criteria such as uniqueness, innovation, effectiveness, impact, and dynamism, as assessed by esteemed industry leaders across Asia.