Ohmyhome Partners Aviva Singapore to Provide Complimentary Home Contents Coverage

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SINGAPORE – Media OutReach – 4 May 2020 – Ohmyhome, a unique one-stop property solution, today announced that it has partnered with Aviva Singapore to provide Home Contents Insurance Coverage for homeowners in Singapore. Any customer who engages Ohmyhome for Mortgage Loan Consultation or Renovation Services from 01 April 2020 is entitled to a 1-year complimentary Home Contents Insurance Coverage.

 

While a basic fire insurance plan covers the damage to the interior structure of the home due to fire, it does not provide coverage for household contents. This collaboration thus provides homeowners peace of mind by safeguarding the contents of their home.

 

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Underwritten by Aviva, the Home Contents Insurance Plan covers loss or damage to your household contents (including personal belongings) and renovations caused by hazards such as fire, lightning, flood, and theft, for example. Home Contents Insurance benefits not only homeowners but is also applicable to landlords; property owners who are renting out their properties are covered as well. 

 

Rhonda Wong, CEO and co-founder of Ohmyhome, shared, “At Ohmyhome, our decisions stem from a desire to make a meaningful difference in our customers’ lives for the better. Working with Aviva value adds Ohmyhome’s proposition to our customers while living up to our philosophy of being a company that cares. Bringing together our expertise and Aviva’s strong proposition, we are glad to be able to safeguard our customers’ housing journey against the unexpected.”

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Pan Jing Long, Head of General Insurance, Aviva Singapore, said “Property acquisition is a significant milestone for customers, and at Aviva, we are committed to protecting their most prized assets within their homes through Home Contents Insurance. The collaboration is a showcase of how Aviva partners like-minded organisations like Ohmyhome to give customers greater peace of mind and help them look to the future with confidence.”

 

This collaboration is part of Ohmyhome’s ongoing efforts to provide home owners with the best innovative solutions to meet their evolving needs.

 

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“With this partnership, our customers are now able to enjoy the complimentary benefits in protecting the contents of their homes. Home Contents Insurance is especially essential for homeowners as our home along with its contents, is one of the most valuable assets and any damage is highly likely to set us back financially,” said Nicholas Tan, Head of Business Development of Ohmyhome.

Ohmyhome Partners Aviva Singapore to Provide Complimentary Home Contents Coverage - Brand Spur

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Ohmyhome Partners Aviva Singapore to Provide Complimentary Home Contents Coverage - Brand SpurOhmyhome Partners Aviva Singapore to Provide Complimentary Home Contents Coverage - Brand Spur

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Ohmyhome Partners Aviva Singapore to Provide Complimentary Home Contents Coverage - Brand SpurOhmyhome Partners Aviva Singapore to Provide Complimentary Home Contents Coverage - Brand Spur

Latest News

Strongest first quarter ever: Preliminary results of Deutsche Post DHL Group above market expectations

  • All divisions significantly increased EBIT in first quarter 2021; Group EBIT tripled to around EUR 1.9 billion
  • Free cash flow development continued positive trajectory and improved by more than EUR 1.4 billion to around EUR 1.0 billion
  • CEO Frank Appel: "The start into the new financial year was more dynamic than ever"
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SINGAPORE - Media OutReach - 12 April 2021 - Deutsche Post DHL Group has today released preliminary results for the first quarter of 2021 and has raised the outlook for the current financial year. Preliminary operating profit (EBIT) for the first three months improved to around EUR 1.9 billion (Q1 2020: EUR 592 million). The positive development of the group's businesses seen in the fourth quarter 2020 has continued well through the first quarter 2021. In the first three months of the year the B2C shipment volumes remained high in all networks while the recovery in the B2B business continued.

"The start to the new financial year was more dynamic than ever. It proves that we have successfully geared our business to the right growth drivers. One year into the pandemic we experienced in the first quarter 2021 a sustained momentum in e-commerce and a significant stabilization in global trade with increasing air- and sea-freight volumes. Consequently all divisions reported a significant jump in earnings above market expectations. Global trade continues to recover and vaccine distribution is in full swing which makes me very optimistic for the rest of 2021 and beyond," said Frank Appel, CEO of Deutsche Post DHL Group.

All divisions optimally positioned for continuing e-commerce boom and growth in global trade

Express: The division reached an EBIT of around EUR 955 million in the first quarter 2021 compared to EUR 393 million in Q1 2020.

Global Forwarding, Freight: EBIT in Global Forwarding, Freight stood at around EUR 215 million in Q1 2021, clearly above previous year's Q1 of EUR 73 million.

Supply Chain: EBIT at Supply Chain came in at around EUR 165 million in the first quarter 2021 compared to EUR 105 million in Q1 2020.

eCommerce Solutions: eCommerce Solutions recorded a first quarter 2021 EBIT of around EUR 115 million, clearly above last year's Q1 result of EUR 6 million.

Post & Parcel Germany: EBIT in Post & Parcel Germany in Q1 2021 was around EUR 555 million (Q1 2020: EUR 334 million).

Earnings momentum mirrored in positive cash flow development and improved outlook


The continued positive business development is underpinned by a strong cash flow development; free cash flow amounted to around EUR 1.0 billion in the first quarter 2021. In Q1 2020 this figure was still negative at EUR -409 million.

In light of the strong earnings momentum, guidance for 2021 is adjusted as follows:

Group EBIT for 2021 is now expected to be significantly above EUR 5.6 billion (previous forecast: more than EUR 5.6 billion). Equally, the result for the DHL divisions is now seen significantly above EUR 4.5 billion (previous forecast: more than EUR 4.5 billion). EBIT for the Post & Parcel Germany division is no longer expected at around EUR 1.6 billion but above EUR 1.6 billion. The expectation of a Group Functions EBIT of around EUR -0.4 billion remains unchanged. Full year 2021 Free Cash Flow is now expected to be significantly above EUR 2.3 billion (previous forecast: around EUR 2.3 billion).

The Group will introduce a revised detailed guidance with the comprehensive disclosure for Q1 2021 which will be published as planned on May 5, 2021.

Deutsche Post DHL Group

Deutsche Post DHL Group is the world's leading logistic company. The Group connects people and markets and is an enabler of global trade. It aspires to be the first choice for customers, employees and investors worldwide. To this end, Deutsche Post DHL Group is focusing on growth in its profitable core logistics businesses and accelerating the digital transformation in all business divisions. The Group contributes to the world through sustainable business practices, corporate citizenship and environmental activities. By the year 2050, Deutsche Post DHL Group aims to achieve zero emissions logistics.


Deutsche Post DHL Group is home to two strong brands: DHL offers a comprehensive range of parcel and international express service, freight transport, and supply chain management services, as well as e-commerce logistics solutions. Deutsche Post is Europe's leading postal and parcel service provider. Deutsche Post DHL Group employs approximately 570,000 people in over 220 countries and territories worldwide. The Group generated revenues of more than 66 billion Euros in 2020.


The logistics company for the world.

Ohmyhome Partners Aviva Singapore to Provide Complimentary Home Contents Coverage - Brand Spur
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