Category Archive For "Insurance"
New Hong Kong Insurance Authority regulator to bring stability and protection
Replacing the Office of the Commissioner of Insurance (OCI), the Hong Kong government’s new insurance regulator, the Insurance Authority (IA), has begun its work on 26 June. Established in December 2015, the IA has begun its phased transitional takeover of the regulatory functions the OCI previously administered, as well as the expanded scope the government …
Insurtech and its implications for your business
With insurtech taking the insurance industry by storm, insurers all over the world are finding newer, more innovative ways to optimize and improve their solutions. But, what does insurtech really mean? A simple portmanteau of the words insurance and technology, the buzzword refers to any technology designed for, and used almost exclusively by the insurance …
Understanding what insurance requirements you might have when sending staff overseas
Sending staff overseas can be a complex and involved task. Overseas assignments mean organizing travel arrangements and accommodation, space to work in the new country, as well as ensuring all insurance requirements are met. Keeping your staff fit and healthy is important during their posting, and the responsibility for employees on assignments abroad appears to …
Disaster insurance for businesses in Hong Kong
Disruptions to your business can be costly, especially if you find your company affected for a significant amount of time. Disaster insurance in Hong Kong helps you see off any challenge that might hinder or halt your business and stop you from generating income. Whether it’s a natural disaster or an issue caused by human …
Outpatient insurance: What is it, what does it cover, and why do we need it?
When looking for a new health insurance plan in Hong Kong, one of the first questions your broker or insurance provider will ask is whether you’d like an inpatient only plan or a more comprehensive plan with inpatient and outpatient insurance cover. But, what’s the difference between inpatient and outpatient insurance? Also, what are its …
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