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Review of the five top commercial insurance providers in Singapore

Review of the five top commercial insurance providers in SingaporeInsurance relates to an obligation put across to safeguard an individual or property against future occurrence from uncertain events like fire, diseases and much more.

Singapore has some companies that offer the commercial insurance services. Below is a brief discussion of the commercial insurance, Singapore who are accessed from official websites, head offices or via agent distributed in different locations.

Allianz insurance company of Singapore private limited is a global company with its headquarters in Munich Germany existing for over 100 years.

The company has also managed to capture 14% of the insurance services consumers in Singapore. Providing the best solution for their users is an added advantage that promotes the company to maintain a position in the competitive edge. Among the services they cover are property insurance, marine insurance, liability insurance and much more.

AXA Insurance Singapore private limited was founded in 1999 and ensures that people live without the worry of uncertainties in Singapore. Among the services they provide is life assurance, car, travel, personal accidents and home insurance policies. The company serves 103 million customers and is known for perfect business standards, qualified workforce and promising services for their consumers.

Tokio Marine Asia began its services on marine policies registered as commercial insurance, Singapore. It began its operation in 1992 with its headquarters based in Tokio Marine Centre.

The company has managed to employ over 5000 employees, over 50 million consumers and they are specialized in marine insurances for cargos and shipment activities.

Specialization has enabled the company to provide comprehensive policies for maritime services, and the customers have therefore found a reason to keep their loyalty.

Zurich insurance company has also been in the forefront to ensure their customers are secure in both the individual and corporate categories. It is among the fastest growing businesses and as established in 2006.

The company provides corporate policies, life assurance and health covers accessible from their website or by visiting agents distributed within the country and have offices in over 170 countries in the world. The ability to provide a variety of policies for different consumers and the global reach have helped them marked remarkable milestones in the industry

Finally, the United Overseas Insurance Limited established in 1971 and provides insurance services for over 3 million residents of Singapore.

The company is well known for their sound corporate governance and delivery that meets the consumer needs in real time. Among the policies they have are personal insurance covers on health and accidents, commercially policies for investments and travel policies. They are accessible from their headquarters in Springleaf Tower in Singapore.