MSIG Singapore lends support to SkillsFuture drive

Firm to subsidise training for around 500 of its employees

MSIG Singapore lends support to SkillsFuture drive

Insurance News

By Gabriel Olano

MSIG Singapore and the Central Singapore Community Development Council (CDC) have partnered to support the SkillsFuture programme, which seeks to update and prepare individuals’ knowledge and skills for the future.

According to a joint press statement, around 500 of the insurer’s staff will participate in the Central Singapore CDC’s SkillsFuture Advice (SFA) workshops, which are specially curated for the financial services industry and will cover emerging technological disruptions, trends, and desired future skills set in the sector.

As a show of its support to the programme, MSIG will roll out a co-funding scheme to encourage greater participation from its employees. Under this new co-funding scheme, MSIG Insurance employees will receive 100% funding for work-related SkillsFuture courses, as well as a 50% subsidy with cap for personal development courses.

Denise Phua, Mayor of Central Singapore District; Michael Gourlay, CEO of MSIG Singapore; and Yoshiaki Fukuchi, managing director of MSIG Singapore opened the SFA workshops series, which are being held from March 25-28.

According to MSIG, the idea for collaboration began when vice president for learning and development Ngo Lay Hong attended one of the 200 SFA workshops run by Central Singapore CDC, which have benefited around 13,000 Singaporeans to date.

“I attended a public run at the Bishan Library where the trainer shared many interesting anecdotes to highlight how disruptions are a norm,” said Ngo. “There were many inspiring anecdotes of learners who picked up new skills despite their age and abilities. The engaging and interactive session triggered my interest to bring the programme to all my colleagues, to further strengthen the learning culture MSIG Singapore is trying to cultivate.”

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