A very warm welcome to you. I trust that the information offered within these pages will help you get to know us better and perhaps, even lead you to becoming part of our growing base of satisfied customers and business partners.
A large part of our success has been attributed to our deep understanding of the market and our ability to respond and customise solutions to meet our customers’ needs. Following the mergers between Tenet Insurance Company Ltd and Sompo Japan Insurance (Singapore) Pte. Ltd. in 2013, and with NIPPONKOA Insurance Co., Ltd., Singapore branch, in 2014, we are well positioned to support both our local customers and international clients due to our local roots and a growing global network.
Building a name for ourselves
Tenet has been part of the Singapore story since the 1950’s, Sompo Japan has its origin back in 1888 as the first fire insurance company in Japan and NIPPONKOA was established in Japan in 1892. With three companies coming together, Tenet Sompo Insurance is now stronger than ever and establishing our name remains our priority. We hope to make it a household word, synonymous with offering premium, yet affordable, insurance for companies and individuals. We will achieve this by continuing to build on our core competencies through serving our wide variety of customers.
We strive to offer fair pricing and fair treatment of our policyholders, complying fully with the rules of corporate governance and risk management. We are committed to being responsive to and co-operative with our business partners and intermediaries in order to deliver the right products and services competitively. We work hard to achieve a fair return on investment and valuable brand equity for our shareholders. And we will continue to provide a workplace that’s conducive to personal growth, fair rewards and recognition for our employees.
About Tenet Sompo Insurance Pte. Ltd.
It’s beyond just business. Tenet Sompo Insurance firmly believes in the principles of providing protection, security and stability with quality products at competitive prices. In January 2014, Tenet Sompo acquired the general insurance business of NIPPONKOA Insurance Co., Ltd., Singapore branch, resulting in an even greater presence in the Singapore insurance market. Tenet Sompo has been a part of the Singapore history since 1957 (as Tenet Insurance), while Sompo Japan group and NIPPONKOA Insurance Group have their histories stretching back to 1888 and 1892 respectively. The histories and experiences are synergised here together to serve you.
So what are our values, our tenets?
We seek to be customer-centric, claims-efficient, technology-driven and to operate with integrity towards our customers, stakeholders, employees, partners and in the country.