CLIENT FOCUS
YOUR INSURANCE ADVOCATE, BUYER AND CONSULTANT
Trying to figure out your insurance needs on your own can be a time-consuming, complicated process and making a mistake may result in a disastrous outcome. That’s why it’s worthwhile to have an insurance expert who has your back.
Acorn takes the time to understand your personal and business needs, and the risks you face. As professional and qualified insurance consultants, we specialize in the design and development of solutions that are built according to your unique needs. We strive to add value to businesses which do not have a dedicated insurance department and are in constant change and growth mode. Our team is set up to work closely with you as your technical insurance buyer while you retain control of your decision to purchase insurance or to manage the risk in other ways.
VAST EXPERIENCE
Originally an insurance agency, Acorn is now a licensed insurance broker registered with the Monetary Authority of Singapore. Led by CEO, Mr. David Ong, who has more than 40 years’ experience in insurance brokerage and supported by a team of experienced and dedicated associates, we specialize in the design and development of solutions that are built according to each client’s requirements.
We pride ourselves in our expertise in providing insurance advocacy, buying and consultancy for corporations, non-profit entities and individuals both locally and internationally.
EXTENSIVE LOCAL AND INTERNATIONAL NETWORK
Acorn International Network is now an insurance broker registered with the Monetary Authority of Singapore, giving us access to a host of insurance companies and Lloyd’s syndicates in Singapore.
To serve clients who have grown beyond the shores of Singapore, Acorn has a network of insurance and reinsurance service providers acting as our strategic partners all over the world so that clients have a wide selection of insurance service providers in the country to choose from. This ensures compliance with local rules, laws and regulations and next-door service which your local operating companies are comfortable dealing with.
Acorn International Network is part of the Steadfast Group. With over 343 brokerages spread across more than 1,100 offices, the Steadfast Group generated over $6 billion in insurance sales in FY16. This scale gives Steadfast the ability to negotiate and work with major insurers on behalf of Steadfast brokers. As a result, Acorn is able to provide clients with the access to multiple insurance companies, a broad range of exclusive products and services combined with local, expert advice.
As client of Acorn, clients get the best of both worlds – local and personalized service, with the insurance expertise, network and support of a large organization.
BENEFITS OF WORKING WITH US
Value For Money
Risk and Insurance Advice
Elimination and Reduction from Gaps and Overlaps
Claims Advocacy
Advice On Emerging Risks and Cross-Border Insurance Issues
Mitigation Of Risk That Comes With Growth And Expansion
WHAT OUR CLIENTS SAY ABOUT US
“我要感谢您和您的团队为我们的车队保险向保险公司协商达成而省下了30%以上的保费。
在前一年当我们委任你们的公司, 橡果国际有限公司时就已经为我们省下不少保费。
然而, 就在保险公司强势增加保费时, 您的工作人员发现他们有这种不良的趋势, 就主动积极的为我们的公司最佳利益着想而找寻其他更好的替代保险公司。
随着最近的续约提案, 更让我们看到的是作为我们的保险中保, 买家与顾问, 您公司充分体现出你们公司的品牌保证。
我们会推荐橡果国际有限公司, 向任何公司也想要为他们的保险寻找值得信任也会为顾客最佳利益着想的保险经纪。”
“…The review was thorough and fairly diagnostic… gave us a quick “gap” matrix of where there are holes in our insurance protection. We were most impressed when your final review came back with the following: 46% savings, a more comprehensive coverage, a more streamlined and insurance programme, a more compliant insurance programme, plugging the gap in our Business Interruption cover….”
“Dear Mr. Ong, Once more I would like to thank you very cordially for your friendly and spontaneous advice in very hard times.”
“We engaged David and his team as our outsourced insurance buyer/department…delivered approximately 50% savings from my existing insurance programme, gave more value (broader terms and conditions / coverage and higher limits of liability), gave better advice, helped identify some mission critical risks i.e “gaps”
“…David made me feel that he was always on my side, offering technical and professional advice, acting as mediator between the Insurer and me…When the Insurer …rejected my claim, he did not give up on my claim, but doggedly pursued it with fresh meetings and persuasive arguments to help the Insurer see our points of views. …the Insurer finally settling my claim fully to my satisfaction.”
“…Your knowledge and expertise resulted in broader coverage and Acorn’s relationships with a myriad of brokers and agents assures us that we will get the absolute best pricing to cover our risks…”
“….Beyond the economic drivers, David’s open and honest approach, along with his team’s responsiveness were also significant factors in our decision to switch.”
“…On behalf of the Chinese Annual Conference of The Methodist Church of Singapore, I extend to you our appreciation for your tremendous effort in negotiating our Not For Profit Liability Policy renewal which resulted in big savings for us.
You were prompt in presenting to us the quotations as and when you received them, during which time you continue to negotiate with the insurers for better premium and coverage.
We thank you and your team for concluding this renewal at a tight timeline and without much compromise in limits, extensions and other terms….”
“…We received an email from Enterprise Singapore (ESG) this morning that the grant application has been approved.
We wish to thank you for all the effort taken in appealing to ESG for the special exemption in awarding us the Trade Credit Insurance Subsidy grant. We understand that the process in achieving this outcome has been lengthy and difficult and our management is pleased with the positive results.
We appreciate your tremendous support to obtain this exceptional approval and looking forward to our continued partnership on future renewals. …”
“…I also wish to express my appreciation to both Jimmy and David for the efforts taken to assist us in obtaining this exceptional (Trade Credit Insurance Subsidy) grant.
I am sure the process has been tough and you guys probably have gone through great length to secure it. It’s really a nice gift for CNY….”
“…Acorn acts as our technical buyer for insurance and risk solutions.
Acorn is objective and independent and there are times when they suggested non-insurance risk solutions where insurance would have not been the best solutions for us. We value this objective, rational and professional approach to risk management.
We have been using Acorn since and we continue to receive responsible and responsive service from you and your team and we will be happy to recommend Acorn to any organisation who may wish to outsource the insurance risk management functions to a professional firm.”
Dear David ,
In a very challenging environment of increasing costs and tightening cash flow, we are very pleased that you and your team have advocated for us for our insurance renewals.
Not only did we benefit from significant savings , we also benefitted from a cash flow perspective. We could have saved even more while getting better coverage had we started the explorations with you earlier.
Beyond immediate monetary savings, we also benefited from very sound and objective advice in the following areas :
a) Understanding why and how Business Interruption coverage should be designed and bought.
b) Consolidation of certain coverage to not only save money but increased protection.
c) Improving relevance of coverage to match the business processes of today.
Again , thank you and your team.Warmest regards,
Yuan Oeij
Executive Chairman
Prive Group Pte Ltd
