Insurance Entrepreneurs Asia Singapore Smes Risk Health Workforce

Management Consulting

Aon

Full Credential Description

Aon plc collaborated with Doerscircle to address the specific insurance needs of entrepreneurs, startuppers, and freelancers in Asia, a segment that has historically faced challenges in accessing affordable and relevant insurance solutions. This partnership was initiated in response to the significant shift in the workforce, where small and medium enterprises (SMEs) account for two-thirds of employment in Singapore and contribute nearly $200 billion to the economy. The collaboration aims to develop tailored commercial, risk, and health insurance solutions that allow independent workers to focus on their business growth rather than navigating complex insurance processes. The traditional insurance landscape has often been manual, costly, and not designed for the self-employed, leading to a gap in coverage for this growing workforce. Aon and Doerscircle's initiative seeks to streamline the insurance process through a user-friendly online platform, enabling members to access customized insurance solutions efficiently. This approach not only simplifies risk management for independent workers but also aims to expand the range of products and geographical reach over time, leveraging Aon’s extensive network and expertise in risk management. By addressing the unique challenges faced by independent workers, this collaboration is set to redefine insurance offerings in the market, making them more accessible, relevant, and transparent. The partnership reflects a shared vision between Aon and Doerscircle to set new standards in insurance solutions tailored for the needs of the modern workforce.