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                    'Here to make lives better'

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Competitors

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Competitors: Competitors of NTUC Income would include... Prudential Insurance Retrieved from: https://www.prudential.com.sg/en/ Great Eastern Life Insurance Retrieved from: https://www.greateasternlife.com/sg/en/index.html AIA Insurance Retrieved from: https://www.aia.com.sg/en/index.html SWOT Analysis: SWOT analysis is a useful technique to understand the Strength and Weaknesses, and for identifying the Opportunities open up to the Organisations and the Threats it faces so as to work on the organisation. S trength : Diversity of Schemes - NTUC income provides a wide range of scheme for its customer such as the Life Insurance, Health Insurance, Travel Insurance and also Specialized care Insurance which is the first in Singapore. - Having many schemes allow the customer to pick and choose the one which caters and is the most suitable plan for them. Sponsorship and endorsement  - NTUC Income has actively par...
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Overview

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Background: One of the founding leaders of NTUC, Mr Devan Nair articulaated the need for the Labour Movement to turn into a social instituion to serve Singaporean workers in various ways. Then Fiance Minsiter Dr Goh Keng Swee supported this call and urged NTUC to set up social enterprises in areas such as life insurance and essential consumer goods to meet the needs of the working population. NTUC Income (Income) was made different from the start. Founded in 1970 to provide affordable insurance for workers in Singapore, our mission has always been to maximise value for customers above profits for shareholders. Income serves over two million customers. It is the top composite insurer in Singapore and one of the largest general insurers and health insurance providers. Income is also the largest motor insurer in Singapore, covering about one in four vehicles in Singapore It currently has seven branches and five lite branches across Singapore. Industry:   Ntuc Inc...
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