Category Archive For "Group Insurance"
Paycheck Pressure: How Financial Stress Crushes Employee Productivity
Work needs to be done and bills need to be paid. An employee must grapple with the reality of life as soon as they sign the dotted line to work for a company, committing a significant portion of their time to make ends meet. But what happens when they can’t cover all their expenses? Stress …
Singapore Amends Cybersecurity Law to Bolster National Security Measures
On 7 May 2024, the Singaporean parliament passed the Cybersecurity Bill expanding the cybersecurity authority’s supervision. The new law allows oversight over any computer system considered critical to national interests and at high risk of cyberattacks. The new law includes temporary systems set up for important operations like vaccine distribution and major international summits or …
Enhanced Medical Insurance Coverage for S Pass and Work Permit Holders in Singapore: What You Need to Know
The Ministry of Manpower (MOM) in Singapore has recently implemented enhanced medical insurance requirements for Work Permit and S Pass holders, aimed at providing greater protection for workers and alleviating financial burdens on employers due to rising medical costs. The enhanced MI requirements are compulsory for all new and existing S Pass and Work Permit …
Continuation plans for employees wanting to transfer their coverage
From Facebook and Twitter to Netflix and beyond, 2022 has been rife with mass layoffs at big tech companies, and layoff anxieties have been a major issue faced by employees. With loss of a job comes loss of an income and identity, but did you know that your employer-provided health insurance policy doesn’t need to …
Tackling Singapore mental health issues with telepsychiatry in 2021
It’s been over a year since the Ministry of Health (MOH) first reported the first case of the novel coronavirus (COVID-19) and a lot has certainly changed in Singapore, which includes working lifestyle, economy, healthcare, and the social fabric of the population. The significant disruption to millions in the city-state due to the COVID-19 pandemic …
Six ways the healthcare industry is benefiting from big data
These days, business solutions are driven by data. While any company has access to data about their customers, successful businesses are able to use that data to improve and develop better business processes. The same goes for the healthcare industry. In fact, the global big data in healthcare market size is predicted to reach USD …
COVID-19: How organizations can protect against cyber risks
The COVID-19 pandemic has disrupted our daily lives and standard business practices. As more organizations and workforces work remotely than ever before, the opportunities for cyber attacks and abuse are heightened. Cyber risk is the second most concerning risk for global commerce, which is not surprising if you think about the increasingly digitized world we …
5 most effective ways of attracting and retaining millennial employees
Were you aware that by the end of 2020, millennials (born between 1981-1996) will make up more than a third of the world’s workforce? As we turn to the 2020s, this new generation of ambitious individuals will quickly form the bulk of your employees. For employers, this means that new methods and strategies will need …
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 …
School insurance in a nutshell: brand new infographic
Pacific Prime Singapore is excited to announce the creation and release of its latest school insurance infographic, which is available for download here. This brand new infographic on international and private school insurance solutions is a convenient, supplementary addition to our recently launched School Insurance Guide 2018-2019. Our team of specialists believe that both resources, …
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