Insurance companies have dominated the Bloomberg Businessweek/Chinese Edition “Financial Institutions 2024” Awards.
The Bloomberg Businessweek/Chinese Edition “Financial Institutions Awards,” celebrating their 10th anniversary, honour outstanding performance in the banking, insurance, and securities sectors, supporting the sustainable development of Hong Kong’s financial industry.
FWD Insurance set a new benchmark by winning 23 awards, securing its position as the most awarded insurer for the seventh consecutive year.
This year marks a significant achievement as FWD received the “Insurance Company of the Year” Outstanding Award for the first time.
FWD’s accolades included 16 Excellence Awards and seven Outstanding Awards, spanning categories such as:
FWD’s medical insurance and VHIS plans were honoured for the seventh consecutive year. The vBooster Medical Plan and vPrime Signature Medical Plan earned the “Voluntary Health Insurance” award for the fourth year in a row. The insurer also received the “Online Platform” Excellence Award and the “Digital Transformation Strategy” award for the second consecutive year.
Ken Lau, managing director of Greater China and Hong Kong CEO at FWD, said the recognition highlights the company’s standing as a leading insurer in Hong Kong.
“Rooted in Hong Kong while seizing opportunities from the Greater Bay Area (GBA), we remain committed to offer quality and value-for-money innovative products, services, and digital innovations. We expand diversified distribution channel capabilities and teams, catering the protection and wealth management needs of the public and empowering them to celebrate living. These awards represent the industry’s recognition for our strengths and reinforces our position as a leading insurer in Hong Kong. We will remain customer-led and be committed to changing the way people feel about insurance,” he said.
FWD Group Holdings reported robust growth and strategic expansions for the first quarter of 2024.
Generali Hong Kong, which recently mobilised volunteers for a community support initiative, also garnered significant recognition, winning the “Corporate Social Responsibility – Excellence Performance” and “Digital Marketing – Outstanding Performance” awards.
These awards underscore Generali Hong Kong’s initiatives through The Human Safety Net and its strategic digital marketing efforts.
Additionally, Generali Hong Kong’s marketing and communications team received the Marketing Team of the Year – Silver Stevie Award at the 2024 Asia-Pacific Stevie Awards. This award recognised the team’s creativity and innovative strategies in marketing.
