eRemit Singapore launches insurance scheme for migrant workers

Wednesday 23 June 2021 03:00 CET | News

Digital financial solutions provider eRemit Singapore has partnered with Hong Leong Assurance Singapore (HLAS) to offer a new insurance scheme for migrant workers in Singapore. 

This marks the company’s entry into the insurtech space and makes them the first player in the country to provide an insurance package that covers migrant workers during and outside of work for the majority of occupations.  As part of its growth focus, eRemit Singapore is also expanding its remittance services to a business audience, particularly small- and medium-sized enterprises (SMEs). 

ts new international business remittance platform supports faster and more flexible business transfers to six countries within the Asia-Pacific region, facilitating cross-border payments. 

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Keywords: partnership, cross-border payments, B2B payments, insurance
Categories: Banking & Fintech | Payments General
Countries: Singapore
This article is part of category

Banking & Fintech