YF Life Proudly Claimed Two Prestigious Accolades at The Hong Kong Insurance Awards 2024

Being Top 3 in Most Innovative Product/Service Award and Outstanding Risk Management Award

October 25, 2024

YF Life Insurance International Limited (YF Life) clinched two prestigious accolades at The Hong Kong Insurance Awards 2024. The company emerged as Top 3 in both the Most Innovative Product/Service Award and the Outstanding Risk Management Award, showcasing its prowess in innovative product offerings and effective risk management strategies.

Ms. Jasmine Hui, Chief Proposition Officer at YF Life, stated, “We are thrilled that our flagship product, ‘Prosperous Infinity Saver’, has been recognized as Top 3 for the Most Innovative Product/Service Award. Throughout the entire product design process, we not only enhance customers' flexibility in wealth management and inheritance, but also incorporate YF Life’s hallmark feature of ‘genuine annuity’. By considering customers’ desire for wealth growth alongside retirement planning, we believe we created a truly valuable product. Understanding customer needs is the key to our successful product development. Looking ahead, we are committed to continuous innovation, introducing cutting-edge products for insurance solutions in protection, retirement, and savings, tailored to meet evolving customer needs in risk and wealth management, in line with our brand promise of ‘Own the future.’”

Furthermore, in the highly competitive arena of The Hong Kong Insurance Awards, YF Life was recognized as Top 3 in the Outstanding Risk Management Award. Mr. John Chen, Chief Services Officer at YF Life, said, "Risk management has always been one of YF Life's core values. Our approach, from risk identification, assessment, monitoring, and reporting, to compliance and cultural development, adheres to the principle of 'efficient management to mitigate risk'. We appreciate the recognition from the judges, affirming our dedication and efforts. Our commitment remains steadfast in fortifying risk management to boost operational efficiency and ensure the sustainable growth of our business."

Organized by The Hong Kong Federation of Insurers with co-organizer South China Morning Post, The Hong Kong Insurance Awards 2024 honors outstanding achievements by insurance companies, teams, and professionals for their top-notch performance. All winners are strictly vetted by a panel of judges with notable and respected figures from across the business, academic, and community sectors, ensuing the credibility and recognition among the public.