Grand Guardian Nippon Life Co., Ltd (“GGI Nippon Life”) is delighted to share that we have been recognised with two awards at the Insurance Asia Awards 2022. For the second year running, we were selected as the “International Life Insurer of the Year – Myanmar”. In addition to this, our Simple Life Insurance was awarded “New Insurance Product of the Year – Myanmar”.
Mr. Tan Yeow Hau, Chief Executive Officer of GGI Nippon Life, said, “We are humbled and honoured to receive two prestigious awards from Insurance Asia. This recognition reflects our team’s efforts towards tailoring products that meet the needs of customers in Myanmar, and the progress we have made to serve our customers in the best possible ways. Our work continues on many fronts as we strive to bring greater peace of mind to our customers and to contribute to the overall betterment of Myanmar society.”
Insurance Asia is a leading finance and insurance publication that honours insurance firms that have successfully navigated around various market challenges while responding to the needs of customers in the Asia-Pacific region.
The “International Life Insurer of the Year – Myanmar” award recognises GGI Nippon Life’s excellence across various initiatives in the past year. This includes the development and introduction of first-of-its-kind products in the market, empowering women with income opportunities, integrating the use of technology and digital tools to bring efficiency to sales processes, and providing support to those in need through the establishment of the COVID-19 Care Fund.
As Myanmar’s leading homegrown life insurer, GGI Nippon Life strives to serve communities across the country, including next-generation leaders, women, breadwinners and the farming community.
Our Simple Life Insurance was selected as “New Insurance Product of the Year – Myanmar” for its uniqueness and innovation, effectiveness, as well as impact and dynamism. Designed to provide families with complete peace of mind, Simple Life is an insurance solution that provides protection in the event of an unforeseen loss of life or permanent disability.
It is affordable, easy to purchase and designed to serve the needs of the most vulnerable segments of society. It is also the first life insurance product in Myanmar to offer a range of coverage options, from as short as a week and up to a year, to allow flexibility in choosing both the amount and the exact duration of coverage required.
The Insurance Asia Awards is organised annually by Insurance Asia, which is part of the Charlton Media Group. The Insurance Asia Awards 2022 judging panel comprised representatives from renowned organisations such as Deloitte, KPMG, Milliman and PwC.
At the 2021 edition of the Insurance Asia Awards, GGI Nippon Life was awarded the “International Life Insurer of the Year – Myanmar” and our Student Life Insurance product was also awarded “New Insurance Product of the Year – Myanmar”.