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.
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:
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.