10 Best Insurance brokers in Singapore

Best Insurance brokers in Singapore

Insurance Brokers are typically one-stop shops. You’ll frequently deal with the same person to find all of your insurance needs, which can be more convenient than dealing with a number of different providers.

They can also advise you on when it is best to file a claim with your insurance company and when it is better to pay out of pocket.

If you do file a claim, they will deal with the insurance company on your behalf, which could save you time and stress.

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Insurance brokers in Singapore

Here are Top Insurance Brokers in Singapore

  1. Howden Insurance Brokers (Singapore) Pte Ltd

Howden Singapore is a leading insurance broker in Singapore, providing specialist risk and insurance consultancy to businesses of all sizes across a wide range of industries, including many local household names.

Their honors and awards speak for themselves. They have won the Insurance Asia News P&C Broker of the Year award three years in a row, and the HR Vendors of the Year bronze award for Best Employee Insurance Provider four years in a row.

Related: Top insurance brokers in New York

Their most valuable asset is their workforce. Howden employees are and will always be the company’s largest shareholders; this has a noticeable impact on their culture, where people doing business own the business.

They have an experienced team of brokers who are empowered with ownership and passion to provide their clients with bespoke risk management and insurance solutions.

Their flat and empowered structure allows them to be more agile and responsive to the needs of their clients, creating an environment and culture that fosters excellence and innovation. They can be completely client-focused because decisions are made by those closest to their clients.

Contact: +65 6258 1919

Address: 79 Robinson Rd, #13-01, Singapore 068897

  1. Amspex Insurance Brokers Pte Ltd

Amspex Insurance Brokers Pte Ltd was founded in December 1986 and is licensed by the Monetary Authority of Singapore under the Insurance Acts and Regulations to provide insurance intermediary services. They take pride in their principles, values, and service, which set them apart from other brokers.

They offer their clients services backed by extensive knowledge, expertise, and experience. This includes, but is not limited to, highly technical coverage for transportation companies, freight forwarders, ship owners/operators, and charterers. They approach claims with the same level of dedication and expertise.

Both clients and insurers have recognized their trustworthiness and professionalism when dealing with claims handling issues in the category of transport operator liability insurance.

Contact: +6562251900

Address: 151 Chin Swee Rd, Singapore 169876

  1. Alco Insurance Brokers Pte. Ltd.

ALCO Insurance Brokers Pte Ltd (ALCO) is a Singapore-licensed Professional Insurance Broking firm with a dedicated team of Risk Managers and Consultants.

The company was founded in 1989 as an insurance brokerage firm specializing in the thriving building construction industry at the time. Over the years, the company has steadily grown and diversified into the insurance needs of other industries.

They worked hard to meet the needs of their clients and business partners by providing tailored solutions and services. ALCO Insurance Brokers, as a MAS licensed insurance broker, collaborates with all MAS licensed insurers on all insurance solutions and requirements, with a focus on premium savings.

Contact: +65 6535 1661

Address: 10 Anson Rd, #10-13 International Plaza, Singapore 079903

  1. Abacare Singapore Pte. Ltd.

They are a leading international insurance broker that works with businesses, families, and individuals.

Medical, life, and general insurance are their specialties. They strive to be their clients’ most trusted insurance partner, with over 20 years of experience and a strong presence in Asia.

Their clients’ interests are always put first: thanks to their professional team of 130 people, they guide their clients to the most cost-effective medical centers and assist their clients in making the most of their insurance benefits at any time and from any location.

Contact: +65 6805 9650

Address: 78 South Bridge Rd, #05-01 TKH Building, Singapore 058708

  1. AVA Insurance Brokers

AVA Insurance Brokers Pte Ltd is a Professional Insurance Broking firm with a dedicated team of Risk Managers and Consultants who are fully licensed by the Monetary Authority of Singapore and are led by a management team with over 90 years of industry experience.

They want to be a leading local insurance specialist broker with a global reach, providing Innovative Solutions with Superior Service. They are a Service-Oriented Insurance Brokerage Firm with an unrivaled reputation for Commitment and Quality.

AVA Insurance Brokers is well-known for the design, implementation, and management of specially tailored insurance programs, and has a technically sound and well-established foundation in this area, allowing it to serve a growing segment of the business community

Contact: +65 6535 1828

Address: 91 Bencoolen Street, #08-03 Sunshine Plaza, Singapore 189652

  1. AWG Insurance Brokers Pte Ltd

AWG Insurance Brokers understands the importance of close and effective relationships and is committed to a long-term relationship as their clients’ trusted insurance broker. AWG Insurance Brokers Pte Ltd provides a comprehensive range of insurance and risk management solutions from the international insurance marketplace to both individuals and businesses.

Over time, their foray into the market has brought them a reputable stream of clients, including publicly traded companies, government agencies, and multinational corporations from all walks of life.

They are constantly working to improve their clients’ experiences with AWG Insurance Brokers because what matters to their clients matters to them.

Contact: +6562946688

Address: 240 MacPherson Rd, #08-01, Singapore 348574

  1. Tan Insurance Brokers Pte Ltd

Tan Insurance Brokers, which began as an insurance agency in the 1960s, is led by a team of extremely experienced and qualified risk managers and advisors and has partnered with numerous local and global enterprises for over four decades.

Clients are always prioritized at TIB. They’ve built their reputation by putting customers first for decades, and their experts are always available to provide personalized service and support. They recognize that teamwork produces the best results.

They treat each other and their clients with dignity and respect. Their customers’ businesses and personal successes are important to them. They are self-motivated and driven by a sense of accomplishment and responsibility. They strive to be progressive while remaining adaptable to market changes.

Contact: +65 6742 6766

Address: 3-A Aliwal St, Chenn Leonn Building, Singapore 199896

  1. Times Insurance Brokers Pte Ltd

Times Insurance Brokers Pte Ltd, founded in 1976, has established itself as one of the leading local general insurance brokers.

They offer over 40 years of experience and professional expertise in the field of general insurance and are licensed by the Monetary Authority of Singapore (MAS) and a member of the Singapore Insurance Brokers’ Association (SIBA). They have been providing effective insurance solutions to their clients ranging from personal and business protection to individuals and small and medium-sized enterprises (SMEs) to extensive risk management advice to large corporations.

As a contract, commercial, and personal lines insurance specialist broker, their team of qualified broking advisors ensures your assets are properly protected and your risk exposure is limited. They have a loyal base of clients who have been with them since their inception due to their dedication to top-tier and personalized service.

Contact: +65 6252 8888

Address: 2 Balestier Road #03-659 to #03-663 Balestier Hill Shopping Centre, Singapore 320002

  1. Inspro Insurance Brokers Pte Ltd

Inspro Insurance Brokers Pte Ltd, a leading local insurance broker licensed by the Singapore Monetary Authority, was founded in June 2000.

Their team of brokers has assisted many corporate and individual clients in structuring innovative solutions, providing advice on both general and group insurance needs, and negotiating comprehensive and competitive coverage with insurers islandwide.

They are led by a team of professionally qualified personnel with over 25 years of insurance experience.

Their dynamic and dedicated team continues to deliver value and offer their expertise in insurance advice, risk management, and claim assistance services to all sectors, with the goal of providing excellent service to all of their current and future clients.

Contact: +65 6538 3883

Address: 38 Jln Pemimpin, #02-08 Secret RF Singapore, Singapore 577178

  1. Expat Insurance Singapore | Local and International Insurance Broker

Expat Insurance is Singapore’s premier insurance broker because their team of insurance experts tailor insurance packages that are specific to their clients and their needs as expats living in Singapore.

Many of them are expats themselves, so they understand the need to feel safe and secure in your second home. They will arrange medical, maternity, home, life, travel, and car insurance for their clients and their families.

If they start a business in Singapore, they can protect their clients, employees, and the business itself. They know insurance like the back of their hands, but looking after their clients is their primary focus and what they excel at.

They have been keeping their finger on the pulse of Singapore’s ever-changing expat community since 2009. They have been responding to those needs as they have evolved, listening to what people want and loving them for it.

Contact: +65 6401 9201

Address: 20 Upper Circular Rd, #01-50/54 The Riverwalk, Singapore 058416

Conclusion on the Insurance brokers in Singapore

Purchasing insurance can be a daunting task. There are dozens of companies and brokerages to choose from if you need home, auto, or life insurance.

See below for the answers to the most asked questions about the insurance brokers in Singapore.

Frequently Asked Questions FAQs

  1. In Singapore, how many insurance brokers are there?

There are fewer than 100 insurance brokers in Singapore, but there are nearly 10,000 insurance agents.

  1. Who is the most wealthy insurance agent?

Gideon du Plessis failed his tenth grade and never attended college. He is now the world’s highest-paid insurance agent, with annual commissions in excess of Rs 7 crore (Rs 70 million). He has set a record of selling 700 policies per year for the last 12-14 years.

  1. Which insurance is the most profitable to sell?

While there are many different types of insurance (ranging from auto insurance to health insurance), the most lucrative career in the insurance industry is that of a life insurance salesperson.

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