eazy Insurance Announces Acquisition of G&C General Pte. Ltd.
Integrating Traditional Service with Digital Access
Existing clients can expect operational changes designed to enhance service accessibility. G&C's client portfolio will now be supported through eazy's digital insurance platform and broader product range. This acquisition brings together G&C's relationship-based service model with eazy's technology-driven processes to enable both continuity and improved access.
'This milestone represents more than just business growth; it reflects our commitment to preserving the trust that G&C has built with its clients over the years, while enhancing their experience through our digital capabilities,' stated Douglas Chia, CEO of eazy Insurance.
Shirley Ling, Director of G&C General Pte Ltd, added, 'I am confident that with this acquisition, G&C's clients will continue to receive dedicated, personalised service. With eazy's advanced digital platform and comprehensive insurance solutions, we expect to see meaningful improvements in client service and overall satisfaction.'
Part of a Sustainable Growth Strategy
The acquisition of G&C General is aligned with eazy's approach to sustainable and scalable growth. The company continues to invest in technology, service delivery, and operational improvements that support both client needs and business resilience, while maintaining the service standards its clients have come to expect.
The integration process is underway, with measures in place to ensure that clients experience minimal disruption during the transition.
Hashtag: #acquisition #singaporeinsurancebrokers #corporateinsurance #smeinsurance #employeehealthbenefitsinsurance #healthinsurance #carinsurancesingapore #personalinsurance #homeandfireinsurance
The issuer is solely responsible for the content of this announcement.
About eazy Insurance
eazy Insurance is an insurance broker in Singapore that uses a tech-enabled platform to streamline the insurance purchasing process for individuals and businesses. As a broker, eazy aims to represent clients' interests by offering clear, tailored options—from corporate insurance and employee benefits to health and personal accident coverage—through a tech-enabled platform.
eazy Insurance
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
6 hours ago
- Khaleej Times
India's Modi announces new defence system 'Sudarshan Chakra', tax cuts on Independence Day
Indian Prime Minister Narendra Modi urged the country on Friday to move towards more self-reliance, manufacture everything from fertilisers to jet engines and EV batteries, and vowed to protect farmers in the face of a trade conflict with Washington. With tariffs imposed on Indian exports by US President Donald Trump expected to hurt growth in the world's fastest growing major economy, Modi announced lower goods and services taxes (GST) from October, a move that could help boost consumption. He also announced India would set up a new defence system called 'Sudarshan Chakra'. He did not elaborate but a government statement said the system is aimed at neutralising enemy infiltrations and enhancing India's offensive capabilities. Indian defence and policy circles have informally referred to the Russian S-400 air defence system, which played a key role during the fighting with Pakistan, as Sudarshan Chakra, after a weapon referred to in Hindu texts. Modi was addressing the nation on the occasion of its Independence Day at a time New Delhi has been struggling with Trump's tariffs and the collapse of trade talks, largely due to differences over imports of American farm and dairy products. "Farmers, fishermen, cattle rearers are our top priorities," Modi said in his customary annual address from the ramparts of the Red Fort in New Delhi. "Modi will stand like a wall against any policy that threatens their interests. India will never compromise when it comes to protecting the interests of our farmers," he said. Modi did not mention the tariffs or the US in his speech that lasted nearly two hours. Last week, Trump imposed an additional 25 per cent tariff on Indian goods, citing New Delhi's continued imports of Russian oil in a move that sharply escalated tensions between the two nations. The new import tax will raise duties on some Indian exports to as high as 50 per cent, among the highest levied on any US trading partner. Modi has never spoken about the tariffs directly, only alluding to them in a speech last week, where he swore to protect the interests of farmers, even if it came at a personal price. Farmers are a key political constituency in India and they violently protested against Modi's last big push to reform the sector, forcing him to repeal three farm laws in 2021 in what was a rare defeat for him. Tax cuts to boost consumption Although local manufacturing and self-reliance have been Modi's key focus areas for years now, the push is seen to have gained urgency amid ongoing global trade tensions and supply chain disruptions. "The need of the hour is to take a resolve for building a strong India ... I want our traders, shopkeepers to display boards for 'Swadeshi' products," Modi said, using the Hindi word for made in India goods. He said made-in-India semiconductor chips would hit the market by the end of this year and that India was pushing for self-reliance in producing critical minerals with exploration underway at more than 1,200 locations. Trump's tariffs threaten to disrupt India's access to its largest export market, where shipments totalled nearly $87 billion in 2024, hitting sectors like textiles, footwear, shrimp, gems and jewellery. In retaliation, some supporters of Modi have sought to stoke anti-American sentiment and called for a boycott of US companies such as McDonald's, Coca-Cola, Amazon and Apple. Trade talks between New Delhi and Washington collapsed after five rounds of negotiations over disagreement on opening India's vast farm and dairy sectors and stopping Russian oil purchases. Modi's promise to cut GST by October's Diwali festival, which encompasses one of India's biggest shopping seasons, follows previous commitments to overhaul it by reducing the number of rate brackets under the 2017 tax regime. A group of ministers have been preparing a report that will consider merging tax slabs and lowering rates on some products. In February, India cut personal income tax for some individuals to boost spending. Earlier this month, the central bank kept interest rates steady, following a 100 basis point cut this year so far. The government has proposed to the ministers' panel that it recommend reducing taxes on mass use items as well as on goods used by women, students and farmers to boost consumption and enhance affordability, the finance ministry said in an X post. The government will move towards making GST a simple tax with two rate slabs, one standard and another merit, it said. Special rates will be applicable only for a few select items.
Zawya
7 hours ago
- Zawya
Copper slips on worries over weak Chinese data
Copper prices eased on Friday on gloomy economic data from top metals consumer China, though losses were cushioned by a weaker dollar and hopes the data would spur Beijing to unleash more stimulus measures. Three-month copper on the London Metal Exchange fell 0.4% to $9,730 a metric ton in official open-outcry trading, down from a two-week peak hit on Tuesday. Data on Friday showed that China's factory output growth slumped to an eight-month low in July while retail sales slowed sharply. The copper contract on the Shanghai Futures Exchange eased 0.1% to 79,060 yuan ($11,008.23) a ton. "In the context of base metals, these indicators suggest a subdued demand environment, likely weighing on metal consumption and prices amid concerns of a slowing Chinese economy," said Neil Welsh, head of metals at Britannia Global Markets. Prices were supported, however, by hopes that the weak data would raise pressure on Chinese policymakers to roll out more stimulus to revive domestic demand. Also bolstering the market was a softer dollar as investors remained cautious about the interest rate outlook ahead of import price data. A decline in the dollar makes commodities priced in the U.S. currency less expensive for buyers using other currencies. U.S. Comex copper futures fell 0.1% to $4.48 per lb by 1225 GMT, bringing the Comex premium over LME copper to $127 a ton or 1.3%. Among other metals, LME aluminium shed 0.7% in official activity to $2,601.50 a ton, zinc lost 1.3% to $2,813 and lead slipped 0.3% to $1,984 while nickel was up 0.3% at $15,075 and tin firmed by 0.3% to $33,550. For the top stories in metals, click ($1 = 7.1819 Chinese yuan)
Zawya
10 hours ago
- Zawya
SUNRATE Secures Payment Business Licence In China
SINGAPORE - Media OutReach Newswire - 15 August 2025 - SUNRATE, the global payment and treasury management platform, today announced it has secured a payment business licence in China following its successful acquisition of a 100% stake in Transfar Pay, a unit of Shenzhen-listed Transfar Group. The RMB 315 million (USD 43.8 million) acquisition has received approval from relevant Chinese regulatory authorities. This transaction had been previously announced by the Transfer Group in an exchange filing dated April 1, 2025. "This acquisition represents a strategic step in SUNRATE's ongoing commitment to enhancing our global licensing framework and ensuring compliant operations in all jurisdictions, whether through direct licensing or strategic partnerships," said Paul Meng, co-founder at SUNRATE. With the addition of this licence, SUNRATE gains greater access to one of the world's most important and dynamic markets. This further complements SUNRATE's regulatory presence in key jurisdictions including Singapore, Hong Kong SAR, the United Kingdom, and Indonesia, with further regulatory milestones in other jurisdictions to be announced in due course. Hashtag: #SUNRATE The issuer is solely responsible for the content of this announcement. About SUNRATE SUNRATE is a global payment and treasury management platform for businesses worldwide. Since its inception in 2016, SUNRATE has been recognised as a leading solution provider and has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge proprietary platform, extensive global network, and robust APIs. With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London, and Shanghai, SUNRATE partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, J.P. Morgan and is the principal member of both Mastercard and Visa. To learn more about SUNRATE, visit SUNRATE
