Insurance giants dominate industry awards

Insurance giants dominate industry awards | Insurance Business Asia

Insurance News

Event celebrates outstanding performance in insurance, banking, and securities sectors

Insurance News

By
Roxanne Libatique

Insurance companies have dominated the Bloomberg Businessweek/Chinese Edition “Financial Institutions 2024” Awards.

The Bloomberg Businessweek/Chinese Edition “Financial Institutions Awards,” celebrating their 10th anniversary, honour outstanding performance in the banking, insurance, and securities sectors, supporting the sustainable development of Hong Kong’s financial industry.

FWD Insurance set a new benchmark by winning 23 awards, securing its position as the most awarded insurer for the seventh consecutive year.

FWD’s accolades included 16 Excellence Awards and seven Outstanding Awards, spanning categories such as:

products and services
customer service
digital innovation
marketing
tied-agency
community care

FWD’s medical insurance and VHIS plans were honoured for the seventh consecutive year. The vBooster Medical Plan and vPrime Signature Medical Plan earned the “Voluntary Health Insurance” award for the fourth year in a row. The insurer also received the “Online Platform” Excellence Award and the “Digital Transformation Strategy” award for the second consecutive year.

Ken Lau, managing director of Greater China and Hong Kong CEO at FWD, said the recognition highlights the company’s standing as a leading insurer in Hong Kong.

“Rooted in Hong Kong while seizing opportunities from the Greater Bay Area (GBA), we remain committed to offer quality and value-for-money innovative products, services, and digital innovations. We expand diversified distribution channel capabilities and teams, catering the protection and wealth management needs of the public and empowering them to celebrate living. These awards represent the industry’s recognition for our strengths and reinforces our position as a leading insurer in Hong Kong. We will remain customer-led and be committed to changing the way people feel about insurance,” he said.

These awards underscore Generali Hong Kong’s initiatives through The Human Safety Net and its strategic digital marketing efforts.