Wednesday, October 16, 2024
HomeInsurance LawSinglife and SAL crew as much as supply assist to authorized professionals

Singlife and SAL crew as much as supply assist to authorized professionals


Singlife and SAL crew as much as supply assist to authorized professionals

Singlife has introduced its partnership with the SAL (Singapore Academy of Regulation) to supply a complete group psychological well being and wellness insurance coverage scheme for its members.

The programme can even give members entry to teaching periods, scientific counselling, and self-care sources to assist them increase psychological wellness and address the psychological stress of authorized apply.

Greater than 13,000 authorized professionals will likely be eligible for the complimentary scheme which features a vary of psychological well being help providers and advantages valued at over S$1,000 per member each year.

As well as, Singlife, which is underwriting the scheme, has included private accident protection for SAL members who enroll.

The 2 12 months partnership between the companies will begin in January 2025.

Chia Ko Wen, head of sustainability at Singlife, stated: “We’re happy to be the primary insurer to supply SAL members an insurance coverage scheme with psychological well being help. This initiative underscores Singlife’s dedication to our communities below our sustainability technique, selling not solely monetary safety but additionally holistic wellbeing. By investing in psychological wellness, we contribute to a more healthy, extra resilient workforce and a sustainable future for all.”

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Yeong Zee Kin, chief government at SAL, added: “The authorized occupation performs a essential position within the administration of justice, and sustaining good psychological wellness practices is important for each high quality of life {and professional} effectiveness. It’s an space that may usually be missed, so we hope this insurance coverage scheme will allow our members to construct resilience and pursue fulfilling, sustainable careers in regulation.”

Earlier in 2024, Singlife accomplished its cloud migration to AWS by shifting greater than 90% of its computational processes.

In consequence, Singlife is the primary insurer in Singapore to be totally on cloud, enabling the agency to save lots of S$5m in prices per 12 months.

Moreover, AWS and Singlife labored collectively throughout the migration to higher guess buyer wanted within the improvement of its monetary merchandise and experiences. This implies assembly client demand for real-time, decreasing processing occasions, streamlining operations and decreasing prices.


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