Mitsui Sumitomo Insurance sets up Global Digital Hubs in Singapore &Tokyo

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Mitsui Sumitomo Insurance Co., Ltd. (President: Noriyuki Hara, “MSI”), a member of MS&AD Insurance Group, sets up two Global Digital Hubs (“GDH”) in Singapore and Tokyo as bases to support global digitalization.
In April 2018, MSI established a Digital Strategy Department to promote digitalization focused on enhancing customer experience and business productivity. In order to further accelerate its digital activities, MSI launched the Singapore GDH in February this year to support the ASEAN markets, and will launch a GDH in Tokyo to promote the adoption of digital technology by employees and agents.
Through the two GDHs and other advanced initiatives, MSI will continue its commitment to promote digitalization and help address societal challenges.
GDH Singapore will contribute to the development of digital initiatives in the ASEAN region, leveraging on MSI’s broad network in all ten ASEAN member countries. It will support the Asia regional office in developing digital strategies to drive continued growth of the business in this region.
GDH Singapore aims to enhance customer experience in the ASEAN markets to cater to the rapid rise of digitalization. It will help facilitate the development of innovative insurance products and services through collaboration with business partners and open innovation with startups.
GDH Tokyo will be the innovation epicenter of MSI to find new ways of adding value to our
clients through the use of digital technology and big data. By way of collaborating with startups,
MSI aims to develop innovative products and services that will help address social issues and
contribute to society as per the UN’s Sustainable Development Goals (SDGs).
Questions & Answers
Q.What is the primary aim of the Global Digital Hubs established by Mitsui Sumitomo Insurance?
What is the primary aim of the Global Digital Hubs established by Mitsui Sumitomo Insurance?
The hubs are designed to support global digitalisation, with GDH Singapore focusing on enhancing customer experience and developing innovative products in ASEAN, and GDH Tokyo on finding new ways to add value using digital technology and big data.
Q.How will the Singapore Global Digital Hub contribute to the ASEAN region?
How will the Singapore Global Digital Hub contribute to the ASEAN region?
GDH Singapore will develop digital initiatives in ASEAN, use MSI’s network across the ten member countries, and support the Asia regional office in digital strategies. It aims to enhance customer experience and facilitate new insurance products.
Q.What specific functions will the Tokyo Global Digital Hub perform?
What specific functions will the Tokyo Global Digital Hub perform?
GDH Tokyo will act as an innovation epicentre, using digital technology and big data to add value for clients. It will also collaborate with startups to develop products and services that address social issues, aligning with UN’s SDGs.
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