Direct Asia Insurance Private Limited

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Direct Asia Insurance Private Limited

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    Phone Number: 6665 5555

Insurance Company Sompo Insurance Singapore Private Limited
Company Description DirectAsia is a new kid on the block and what we call a “direct writer”. This means that DirectAsia does not use agents or brokers to distribute their policies but that they sell their policies directly to consumers through their online portal. They claim that not using agents helps them to offer lower premiums. That may be true to an extend but other costs may balance that out again. DirectAsia is a relatively new kid on the block. It started in June 2010 and was acquired by Hiscox Ltd in 2014. Hiscox is a Bermuda-incorporated insurance provider, listed on the London Stock Exchange ( DirectAsia uses Munich-Re to reinsure certain risks. DirectAsia are competitive on pricing but it is important to keep a very good eye on the coverage and terms and conditions of their policies as their low premiums sometimes imply restricted coverage and/or certain exclusions and high / additional excesses. We recommend you have a good look at our comparison pages.
Operating Hours Mondays – Fridays: 8am – 8pm Saturdays: 8am – 5pm
Address 88 South Bridge Road, Singapore 058716
Contact Numbers 6665 5555 (General Hotline), 6532 1818 (Claims Hotline)
Source of Information Based on company website
Insurance Market Insurer
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