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News & Updates

• Foreign Worker Medical Insurance(including domestic maids) - compulsory for employers wef 1 Jan 2008 (Note: this is NOT workman compensation insurance!) : Click for details
• Straits Times report on 22 Dec 2007: Parallel Importer Frankel folding up over debts: Car dealer falls behind on payments, lenders file suits to recover money
• Straits Times report on 24 Nov 2007: Higher motor insurance premiums likely as insurer's losses worsen and can hit $100m for full year of 2007
• Business Times report on 15 Aug 2007: AMQS : Faster, more accurate motor insurance quotes. Web-based system automates previous manual system, attracts insurers. Click for details.
• Straits Times report on 7 Aug 2007: Car insurance premiums likely to increase between 5% to 10% as higher claims lead to underwriting losses
• GST has increased from 5% to 7% wef 1 July 2007.  Motor insurance premiums paid on or after 1 July 2007  will be affected by the 2% GST increase

News & Updates Archive

AMQS For Motor Insurance : INSTANT Multiple Quotations : First Platform In Industry