Raffles Provident LLP
An established General Insurance (GI) agency, specialized in catering to the insurance needs of companies, as well as High Networth Individuals. We believe in providing the best advisory work in General Insurance with integrity by putting YOUR interest before ours. In fact, we are not so concerned about the anticipated risks. Like you, we are more concerned about risks that you might not be prepared to manage or undertake.
Raffles Provident started off as a traditional GI advisor, focusing on personal insurance services, pricing of premium, and building long-term working relationships with clients and prospects. The founder of Raffles Provident, Andrew Ang, has 13 years of experience in organizing seminars, workshops, road shows, and participating in exhibitions and trade-shows. He has brought his expertise into Raffles Provident by using these platforms to engage clients and keep them well enriched. A recent example is the Health & Wealth 2017 seminar, a collaboration with Parkway Pantai.
With his customers’ interest always in mind, Andrew, who holds a First Class Honours in Bachelor of Engineering from the University of Surrey, used his Engineering knowledge to create the RafflesProvident.com online portal. This is done so to provide an incredible experience for his clients, with the provision of 24 hours online insurance sales support through the portal.
The main features of Raffles Provident include:
- E-Purchase: https://rafflesprovident.com.sg/sompo-insurance/ for Sompo products & https://rafflesprovident.com.sg/axa-insurance/ for AXA XL products.
- E-Welfare: 10% of the agent’s commission will be set aside and channelled into the client’s employee’s welfare programs like company Family day or the company Annual Dinner & Dance.
- E-Vents: 5% of agent’s commission will be set aside and channelled into the client’s employee’s education program like Money mentor workshop for the children as well as Health & Wealth seminar for the employees.E-Claim: Online or E-submission of an insurance claim to expedite the claim processing.
- E-offers: Discount offers given to the client’s employees. For example, an additional 10% discount for the motor cars or travel insurance purchased by the client’s employees.
Today, Raffles Provident has expanded to an agency with 16 advisors. The range of products offered has also been extended to Businesses. For businesses, we offer a wide range of commercial insurance products and employee benefits solutions. We work with 3 of the best General Insurance providers in Singapore, each having their own competitive edge. These insurers have been chosen carefully, with optimizing customer’s experience and interests placed as priority. We will compare the various offerings from the general insurers that we represent, and recommend the most suitable solution(s) based on your needs and preferences.
For the individuals, we offer a full range of personal line products. In addition, under our speciality “Private Client Services”, we offer bespoke solutions for High Net-worth Individuals to cover their assets, such as yachts, personal collectibles, art collections, and precious stones.
Being an established market player with a sizable portfolio, Raffles Provident is able to differentiate from our competitors by providing insurance services with comprehensive coverage and affordable premium.