Direct vs Traditional Car Insurance Companies

Have you ever wonder what’s the difference between Direct and Traditional Insurance Companies in Singapore?

Direct Insurance companies promote their channel by going direct with clients in getting their car insurance instead of going through intermediaries. The savings of commission from agents will be pass down to car owners who also have the alternative to select the coverage ‘ala carte’ instead of not being able to choose. (See: Lowest Car Insurance Quotes In Singapore)
Traditional Insurance companies promote most of their channel through agents to service the car owners to get the business. Agents will get to know better what the car owner’s needs are. However, most of the coverage are fixed by the insurance companies and there are certain limitation that allows you to remove or reduce the cover. Eg, lower own damage excess. (See: Buying Car Insurance: You Better Shop Around)

Below are the companies for Direct and Traditional Car Insurance Companies. (See: How Do Car Insurance Companies Calculate Premium)

Direct Car Insurance Companies

  1. Aviva Car Insurance
  2. Car Insurance
  3. FWD Singapore Pte. Ltd.
  4. HL Assurance Pte. Ltd.

Traditional Car Insurance Companies

  1. AIG Asia Pacific Pte Ltd
  2. AXA Insurance Singapore Pte Ltd
  3. China Taiping Insurance (Singapore) Pte Ltd
  4. ECICS Limited
  5. Ergo Insurance
  6. Etiqa Insurance Pte Ltd  
  7. EQ Insurance Company Ltd
  8. First Capital Insurance Ltd  
  9. India International Insurance  Pte Ltd
  10. Liberty Insurance
  11. Lonpac Insurance Berhad  
  12. MSIG Insurance (Singapore) Pte Ltd  
  13. NTUC Income Insurance Co-Operative Ltd
  14. Great Eastern General Insurance Ltd
  15. QBE Insurance International Ltd 
  16. Sompo Japan (Asia) Pte Ltd
  17. Tokio Marine Insurance Group
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