FWD shines at Bloomberg Businessweek Financial Institution Awards 2020 with 11 prizes

FWD most awarded insurer for third consecutive year with revolutionary products and tied agency strength in the spotlight

 

HONG KONG, CHINA – Media OutReach – 9 July 2020
– FWD Hong Kong (‘FWD’) was the most awarded winner in the insurance sector for the third
consecutive year at the Bloomberg Businessweek Financial Institution Awards 2020
(the “Bloomberg Awards 2020”), bringing home a total of 11 awards, comprising
three Excellence Awards and eight Outstanding Awards.

For
the third consecutive year, FWD has become the most awarded insurer at the
Bloomberg Businessweek Financial Institution Awards 2020, bringing home 11
awards which include 3 Excellence Awards and 8 Outstanding Awards.

 

FWD
has won 7 awards, which include 3 Excellence Awards, in the product and service
categories with its suite of innovative, easy-to-understand and relevant
products.

 

FWD’s
Tied Agency bagged 3 Outstanding Awards in the Recruitment, Training and
Development, and District Achievement of the Year categories.

Seven of the
awards went to several of FWD’s life insurance and health protection products
and services, highlighting the company’s commitment to developing innovative
solutions that push beyond established boundaries.

FWD also
stood out for the outstanding performance of its highly motivated, well-trained
tied agency force, as well as for the resounding success of its FWD x “The
World of Studio Ghibli’s Animation” sponsorship campaign.

Ken Lau, FWD Managing Director of Greater China and
Hong Kong Chief Executive Officer, said, “These
awards, bestowed upon us by some of the most highly regarded voices in the
industry, go a long way towards recognising FWD’s relentless and successful
efforts to change the way people feel about insurance. I am very proud of what
all our teams have achieved in recent years, from identifying yet unmet and
often complex market needs, to structuring revolutionary, easy-to-understand
and relevant products, recruiting and nurturing exceptional talent, and
actively engaging with the public through exciting and interactive
initiatives.”

 

FWD’s winning
entries include:

• All-round, one-stop health management service PREMIER THE
  ONEcierge, which provides priority access to over 100 top-tier hospitals
  across Asia; and MINDcierge, an innovative mental health support service
  that offer counselling services in both Hong Kong and Mainland China,
  clinched two Excellence Awards between them;
• Crisis OneCover, a revolutionary critical illness protection
  that covers multiple bases from prevention (such as health screening) to
  comprehensive treatment options, and rehabilitation support during
  recovery, won two Outstanding Awards in the Critical Illness and
  Innovation Product categories;
• MediSaver (Supreme), a medical insurance with savings capabilities
  that offers cover up to age 100 (age next birthday) for just 20 years of
  premium payment, as well as double protection against three common crises,
  bagged an Excellence Award in the Health and Protection category;
• Regal Fortune, a life insurance policy under which the
  guaranteed portion of death benefits will increase by 5% annually from age
  80 (age next birthday) of the insured, up to a maximum of 150%, to cater
  to the legacy planning objectives of high net worth customers, claimed an
  Outstanding Award in the High Net Worth (Product) category;
• FWD’s four Government-certified plans under the Voluntary
  Health Insurance Scheme (“VHIS”), which cover a wide range of medical
  needs and circumstances, were also recognised with an Outstanding Award in
  the Medical Care category;
• Finally, FWD’s Tied Agency bagged three Outstanding Awards in
  the Recruitment, Training and Development, and District Achievement of the
  Year categories, while the company’s sponsored FWD x “The World of Studio
  Ghibli’s Animation” which took Hong Kong by storm last summer won an
  Outstanding Award in the Integrated Marketing (Branding Promotion)
  category.

 

Table:
List of the 11 awards won by FWD at the Bloomberg Businessweek Financial
Institution Awards 2020

Winner	Category	Award
PREMIER THE ONEcierge	High Net Worth (Service)	Excellence
MediSaver (Supreme)	Health & Protection	Excellence
PREMIER THE ONEcierge and MINDcierge (Mainland China Counselling Service)	Cross-border Insurance Services	Excellence
Crisis OneCover	Critical Illness	Outstanding
	Innovation Product	Outstanding
Regal Fortune	High Net Worth (Product)	Outstanding
VHIS Product	Medical Care	Outstanding
Training and Development Achievement		Outstanding
Recruitment Program of the Year		Outstanding
ACT Team  (Region 54)	District Achievement of the Year	Outstanding
FWD x “The World of Studio Ghibli’s Animation”	Integrated Marketing (Branding Promotion)	Outstanding

The above information does not contain the
full terms and benefits of the respective policy, key product risks, and major
exclusions. For details, please refer to the respective product brochure and
policy provisions (For VHIS products, the materials are downloadable at https://www.fwd.com.hk/en/protect/health-accident/vhis/.)

About FWD Hong Kong & Macau

FWD Hong
Kong offers life and medical insurance, general insurance, employee benefits,
and financial planning. Its life insurance and general insurance operating
entities have been assigned strong financial strength ratings by international
rating agencies — FWD Life Insurance Company (Bermuda) Limited (incorporated in
Bermuda with limited liability) is rated “A3” by Moody’s and “A” by Fitch; and
FWD General Insurance Company Limited is rated “A” by Fitch. FWD Macau provides
a suite of life and medical insurance.

 

FWD Hong
Kong & Macau is a part of the FWD Group, the insurance business of
investment group, Pacific Century Group. FWD Group spans Hong Kong & Macau,
Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan and Malaysia.

 

By creating fresh customer experiences
with easy-to-understand products supported by digital technology, FWD aims to
become a leading pan-Asian insurer that changes the way people feel about
insurance.

For more information about FWD Hong Kong & Macau please visit WWW.FWD.COM.HK and WWW.FWD.COM.MO.

About the Bloomberg Businessweek Financial Institution Awards 2020

The Bloomberg
Businessweek Financial Institution Awards are hosted annually by iconic finance
magazine Bloomberg Businessweek/Chinese. In 2020, 10 judges from the industry,
government and academia assessed submissions from the banking, insurance and
securities sectors and ranked them according to three criteria, namely market
performance, growth and development, as well as business strategy in the past
year.