Singlife Digital has successfully transformed the way insurance is delivered and experienced, establishing itself as the leading digital insurer in ASEAN. The digital organisation supported over 1 million registered users, including more than 550,000 digital users and 80,000+ monthly active users, across direct-to-consumer, financial advisor, and servicing journeys.
In 2022, Singlife Digital captured 60% of Singapore’s total digital Annual Premium Equivalent (APE), according to the Life Insurance Association (LIA), driven by strong adoption of products such as the Singlife Account and Sure Invest, with over SGD 800 million in assets under management.
A major digital consolidation initiative unified 11 separate consumer platforms into 3 streamlined channels, delivering a seamless, integrated experience and enabling a single view of customer holdings and policies. This effort resulted in over SGD 5 million in annual cost savings and improved operational efficiency.
Following the merger between Aviva and Singlife, the digital team completed full integration within 12 months, generating more than SGD 20 million in platform cost synergies and establishing a scalable foundation for Singlife’s continued digital leadership.
Setup Singlife - Artificial Intelligence Center of Excellence with a key focus on Generative AI by developing external collaboration with Institutes of high learning in Singapore and internal collaboration by organizing Better Idea Challenge for employees, 16 POCs comprising 35 teams and 82 employees, in collaboration with Oracle Cloud. Singlife also became the first insurer in APAC to be a Microsoft Generative Partner with $250k+ service credits offered to all Singlife partner startups.
Developed SWorld (Singlife Metaverse) leveraging Unity 3D and Spatial computing to equip financial advisors in undertaking financial needs analysis, product benefit illustration, and offerings recommendations. The platform focused on enabling the vision of financial freedom by simplifying visualization of the life stage, overlapping product benefits, and clearer communication of Singlife products and proposition value propositions.