Introducing State of Health Insurance in Singapore Report 2018-2019

Pacific Prime Singapore is pleased to announce the release of the State of Health Insurance in Singapore Report 2018-2019. In its 2nd edition, the report highlights the top trends, changes, and issues facing the International Private Medical Insurance industry in the Lion City. Both individual and corporate audience can benefit from the report, as it …

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Insurance for Singapore millennials: ‘Fail to plan, Plan to Fail’

In 2018, Singapore millennials (Generation Y) accounted for 1.2 million people – roughly 22 percent of the total population in Singapore. Singapore Millennials, those born between 1981 and 1996 (22-37 years old), are now recognized as the emerging driving force behind its economy. Representing a quarter of the total population, they have tremendous influence in …

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The ins and outs of emergency hospitalization insurance in Singapore

Do you know how emergency hospitalization insurance covers you, as an expat, in Singapore? How much and in what instances do you need to pay for ambulance services? When should you head for emergency care and when is it better to head to a local clinic and save a bunch of money on ambulance charges? …

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5 things to consider when shopping for business insurance in Singapore

It might not be the most thrilling aspect of operating a business, but ensuring it has the right coverage not only gives you peace of mind, it’s also fundamental – and sometimes a legal requirement – for the protection and management of your business. Each year thousands of businesses owners across the globe lose their …

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Brand new 2019 maternity insurance guide released!

Welcoming a new family member is a huge step in life for everyone, which takes a whole lot of planning and preparation, and insurance is an indispensable component in this journey. In the hope of helping parents-to-be understand the ins and outs of this subject, our team of experts at Pacific Prime Singapore has curated …

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GDPR and Employee Benefits explained in our newly released Guide!

The European Union’s GDPR rules came into effect in May 2018 and dramatically changed the way companies in and outside of the EU handle personal data of EU citizens. What should Human Resources departments in Singapore know when it comes to GDPR compliance? In Employee Benefits sphere, too, there are certain GDPR compliance risks and …

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How health technology will shape 2019?

When it comes to technology advancement, Singapore is definitely one of the cities that lead the way and set trends for other nations to follow, for example with their Smart Nation Initiative, a single electronic health record (EHR). The use of connected care technologies and mobile health programs are getting more prominent in this digitally …

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What should you know about cyber insurance in Singapore?

As cyber exposures continue to grow, cyber attacks and information breaches are becoming increasingly rampant. During 2018, there has been a 350% increase in ransomware attacks, a 250% increase in spoofing or business email compromise (BEC) attacks, and a 70% increase in spear-phishing attacks in companies overall. These more sophisticated and prominent threats could even …

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Does my insurance cover alternative treatments?

As an international hub in Asia, Singapore is a melting pot of different races, religions, and cultures where East meets West and modernity blends with tradition. While The Lion City thrives with its state-of-the-art techniques and technology, it also boasts a long-lasting legacy that sees well-established traditional practices such as traditional Chinese medicine (TCM), acupuncture, …

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What can I do to reduce my health insurance premiums?

While Singapore is among the top cities with the best healthcare systems in the world, the cost of treatment here is also one of the highest in the world. And the cost of healthcare is one of the major factors influencing health insurance premiums. For expats seeking private healthcare in Singapore, the cost of international …

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