OneDegree Hong Kong celebrates the first anniversary of its business launch. Over the past year, the company has stayed true to its vision of reshaping the insurance industry through technology and innovation. Pawfect Care pet insurance has quickly gained market share with several first-in-market features, and we are now serving more customers through our fire, e-commerce and cyber protection as we transition into a multi-line insurer.
The past year has seen a paradigm shift. We witnessed an accelerated shift in adoption of digital applications and platforms, while the company continues to identify areas of the market we can effectively serve. Here is our first year in numbers:
Arthur Lee, Chief Executive Officer of OneDegree Hong Kong, said: “To go from nil to an operating insurer in a well-established market within a year is a monumental achievement. Following the launch of new products and growing brand awareness, we have issued more policies in the first 4 months of 2021 than we did in all of 2020."
Alvin Kwock, Co-Founder of OneDegree Hong Kong, said: “In the coming year, we plan to continue to develop innovative technology applications to upgrade our existing products and enter new markets like human medical and digital asset protection. We expect to see triple-digit growth in number of customers served (both through OneDegree Hong Kong products and partnerships). We also plan to double down investments in Research & Development and to raise market awareness of digital insurance.”
From now until 30 April 2021, customers can now enjoy an additional 10% off Pawfect Care policies and 10% rebate on fire insurance using the offer code “HAPPYONE” during policy purchase. New and existing customers who become policyholders of both products during the promotion period will receive an Apple AirTag as a special gift. We are also running anniversary giveaways on our Facebook page. Please visit our Facebook page, www.facebook.com/onedegreehk, for more details.
OneDegree Hong Kong Limited
Contact person: Joey Hui