Singapore

Why it's crucial to survive the loss of key people in SMEs

As the number of start-ups rises in Singapore, getting an insurance plan to protect against the loss of a key person -- the owner, main revenue generator, or chief product developer of the business -- has never been more important.

Nurturing Singapore's SMEs with the 'right' capital

Small-and-medium enterprises (SMEs) are the engine of our economy. Today, SMEs represent 99 percent of Singaporean companies, contribute more than 50 percent of the nation’s annual GDP, and employ about 70 percent of our workforce.