United Overseas Insurance Ltd. (U13)

Overview

United Overseas Insurance Limited is a prominent general insurance company established in 1971, with its headquarters situated in Singapore. The company stands out for its extensive operations not only within Singapore but also across ASEAN countries and beyond on an international level. It aims to provide a wide array of insurance products catering to both personal and commercial needs. Functioning as a subsidiary of United Overseas Bank Limited, United Overseas Insurance Limited has cemented its reputation in the insurance sector by offering comprehensive insurance solutions backed by years of expertise and a deep understanding of consumer needs.

Products and Services

The company's array of insurance products is designed to meet the specific needs of individuals and businesses alike:

• Personal Insurance Products: These include a variety of plans such as accident protection, domestic helper, home, content, motor, and travel insurance, offering comprehensive coverage for personal needs and concerns.
• Commercial General Insurance Products: Tailored for businesses, these products cover a wide range of needs from fire, business interruption, machinery/equipment all risks, to burglary/theft. Also included are money, marine cargo, fidelity guarantee, plate glass, public liability, work injury compensation, group personal accident, other all risks, and group business/corporate travel insurance, providing a safety net for various business operations and assets.
• Insurance for Small and Medium Sized Enterprise: Specifically designed to protect the interests and assets of SMEs with tailored coverage that addresses the unique challenges these entities face.
• Directors' and Officers' Insurance: This provides coverage for individuals in managerial or directorial positions against claims that might arise from the decisions and actions taken within the scope of their regular duties.
• Contractors' All Risks/Erection All Risks Insurance: Offering comprehensive coverage for contractors against risks associated with the construction and erection of projects.
• Professional Indemnity Insurance: Designed for professionals, this insurance protects against claims made for negligence or other failures in professional services.
• Takaful: Recognizing the need for products compliant with Islamic finance principles, United Overseas Insurance Limited provides Takaful, an assurance product that is designed to be a cooperative system of reimbursement or repayment in case of loss, adhering to Islamic laws.