Financial comparison platform SingSaver has secured a brokerage license from the Monetary Authority of Singapore (MAS), and will offer more than 100 insurance products from 12 major providers through its website.
According to a statement by SingSaver, the providers for the travel, home, and maid insurance segments include AXA, Allianz, FWD, HL Assurance, Ergo, MSIG, NTUC Income, Tokio Marine, Ergo, Sompo, Allied World, and Etiqa TIQ. The company is going after a Singapore insurance market expected to be worth SG$4 billion by 2020.
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