Singapore’s new digital insurer. I’ve never seen an insurance website like this before.


A new insurer has landed in town, and there are a few benefits they’re providing which I think are a real game-changer. Beyond the new digital buying experience, you might also want to take note that FWD Insurance is now offering car owners in Singapore protection of your 50% No Claims Discount (NCD) for life.

Car insurance is mandatory in Singapore for those who own a car, so it is an expense we can’t really avoid. To encourage safe driving, you get 10% NCD every year if you do not get into any accident, with the maximum discount capped at 50%.

Unfortunately, sometimes accidents do happen, and some drivers lose their NCD even if they aren’t always the one at fault. This explains why some drivers choose not to claim from their car insurance even in accident, …