11 June 2018, Singapore
- AXA Insurance and PropertyGuru Group are pleased to announce a partnership that offers a one-stop-solution for renters and new home buyers to avail home insurance while they make the most important purchase of their life. This first of its kind partnership between an insurer and a digital property portal leverages the solution of AXA: a worldwide insurance leader and one of the top insurers in Singapore that provides protection to 107 million people across the world and more than half a million people locally and the reach of PropertyGuru Group: Asia's leading online property company that has 25 million property seekers across Southeast Asia including over 5 million monthly visits on Propertyguru.com.sg and the largest network of over 15,000 property agent partners in Singapore.
Buying a house is one of the biggest investments for most Singaporeans, yet many are not protecting their assets adequately with home insurance. This partnership stands to address this issue by integrating consumers' home buying and insurance journeys, thereby enabling a seamless digital experience.
Whilst both AXA and PropertyGuru aim to provide home owners with a simple way to learn about and purchase home insurance, PropertyGuru also seeks to enable its network of property agents in extending their service to home buyers beyond property brokerage. Together, they offer an efficient digital experience of home insurance discovery and purchase by integrating home protection solutions into the customer's home purchase journey.
"AXA is honoured to partner with PropertyGuru, a trusted property portal. Leveraging AXA's Insurance-as-a-Service platform and PropertyGuru's reach, this partnership brings together two digital leaders to offer an easy way for home owners and renters to protect their homes. AXA's mission is to help customers live their lives with peace of mind. With the high rate of home ownership and value placed on homes, particularly in Singapore, it is important that we do not neglect to protect our homes properly," said Tomasz Kurczyk, Director, Digital Transformation, AXA Insurance.
"PropertyGuru is committed to delivering value to property seekers and supporting property agents in growing their business. Today's property agents are industry experts and advisors who understand the needs of property owners, buyers, and sellers. We are delighted to collaborate with AXA and provide our agent partners with solutions that enable stronger relationships with their clients," said Lewis Ng, Chief Business Officer, PropertyGuru Group.
Collaborating to Benefit both Home Owners and Agents This collaboration leverages the capabilities and strengths of both companies to deliver greater value for their customers and partners. Property agents on PropertyGuru will be equipped with educational content on home insurance protection, dedicated weblinks and exclusive home insurance offers all available on a single digital platform so they can easily share with their clients. Through this partnership, home owners will benefit from exclusive home insurance offers and property agents will receive special benefits from PropertyGuru for every successful referral.
About AXA Insurance
AXA Insurance is part of the AXA group, a worldwide leader in insurance and asset management, and the world's leading insurance brand for the ninth consecutive year, with 166,000 employees serving 107 million clients in 64 countries. Since its inception in 1969, AXA Insurance has been serving the general and life insurance needs of individuals and companies in Singapore through a wide range of innovative products. As one of the top global insurers in Singapore, AXA Insurance protects more than half a million people in Singapore. As a company whose business is about protecting people, AXA Insurance is committed to building a stronger and safer society by empowering customers to live better lives.
About PropertyGuru Group
PropertyGuru Group is Asia's leading online property company and the preferred destination for over 25 million property seekers to find their dream home, every month. PropertyGuru and its group companies empower the property seekers with the widest option of more than 2 million homes, in-depth insights and solutions that enable them to make confident property decision across Singapore, Malaysia, Thailand, Indonesia and Vietnam.
PropertyGuru.com.sg was launched in 2007 and revolutionised the Singapore property market by taking it online and made property search transparent for the property seeker. Over the decade, the group has grown from a regional property media powerhouse to a high-growth technology company with a robust portfolio of No.1 property portals, award-winning mobile apps; best-inclass developer sales enablement platform, ePropertyTrack and a host of industry-leading property offerings such as awards, events and publications - across eleven countries in Asia. For more information, please visit PropertyGuruGroup.com
FOR MEDIA ENQUIRIES:
MSL Singapore (for AXA Insurance)
Ms Virginie Serre
Phone: +65 6653 1718
Text100 Singapore (for PropertyGuru)
Ms Nicole Yong or Ms Jamie Tan
Phone: +65 9499 9183/+65 9488 0992