Source: https://www.ft.com/content/c720d7a3-3c37-40bf-a885-a96a93e565b7

We are pleased to be officially recognized as the Top 500 High-Growth Companies 2022 In Asia Pacific. Compiled by The Financial Times and Statista, the list includes only independent companies displaying 100% revenue growth every year for 3 years. Our top-and-bottom line is living proof of our value, consistency and reliability.

360F enabled the launch of My FinScore with AXA Singapore earlier this month. Using 360F’s flagship solutioning optimizer and scoring system, AXA Singapore educates customers to discern their options and its distribution force to deliver excellent advisory experience.

27 January 2022, SINGAPORE – 360F and AXA Singapore, following a Proof-Of-Concept’s positive outcome in 2021, have partnered up again for a full-scale production ramp-up.

Powering the “My FinScore” self-discovery tool is some of 360F’s microservices, including its flagship solutioning optimizer 360-ProVestment^®, instinctive scoring system 360-HappiU^® and low-code quotation engine, 360-Quote^®. “My FinScore” is made available for AXA Singapore’s 850+ strong agency force and AXA@Post Financial consultants.

Michael Gerber, CEO of 360F, says “Among the trends accelerated by COVID-19 is buyer empowerment, a self-engaging behavior that will endure beyond the pandemic. This is a beneficial development for the financial advisory industry as engaged intent is the pre-requisite for a productive advisor-client relationship. Our microservices are primarily built on the mathematics of the Nobel-Prize winning research on Behavioral Economics, enabling our financial institutional clients and their customers to bond over what really matters – the customers’ self-defined financial satisfaction. We are honored that AXA Singapore use our innovation to help their financial consultants establish with their customers the trust levels necessary for an excellent advisory experience.”

Source: https://www.straitstimes.com/fastest-growing-companies-2022?shell

We are pleased to be officially recognized as among Singapore’s fastest-growing companies in 2022. Compiled by The Straits Times and Statista, the list considers and ranks only independent companies with high organic growth over a three-year period. In the world dogged by noise and uncertainty, the proof of the pudding is in our top-and-bottom line, demonstrating our substance, credibility and sustainability. We thank our clients, advisory board and our team of very resilient employees who, during the pandemic lockdowns, delivered multi-million implementation work, fulfilled multiple regulatory regime requirements and even shortened our delivery cycle to as low as a week.

360F has unveiled a new global release of its full modular product suite, including flagship solutioning optimizer 360-ProVestment^®.

From intuitive design features that empower customers to understand and validate their options to high configurability that enables financial institutions to launch in as quickly as 90 days, 360F’s new release optimizes advisor capabilities with scale economics and lays a strong foundation for trust between the advisor and customer.

Making informed decision becomes very easy with the 360-HappiU^® module, which forecasts the customer’s financial future. Unlike the conventional financial ratios, the 360-HappiU^® factors in the individual values, beliefs and lifestyles to establish the customer’s financial satisfaction criteria, against which the module simulates to yield the HappiU score.

“Motivated to improve their HappiU score, customers become more willing than ever to seek suggestions. We have been keeping up their momentum by showing them their multi-needs solutioning options, all customized in real-time. We now boost engagement even more with insights-generation capability so that customers get self-explanatory pointers that they can apply immediately to improve their score,” said Mr. Michael Gerber, Chief Executive Officer. “Enabling customers to take an educated role in their financial well-being unlocks the full potential of advisors.”

The new release also enables financial institutions to enjoy accelerated time-to-market and simultaneously, higher quality of the business portfolio with:

• High configurability, making it easy and fast for product carriers to onboard new products and reflect regulatory changes for automated recommendation
• Pricing sheets transformation enabling product carriers to break free from legacy architectures and give their captive and third-party digital distributors the ability to automate real-time solutioning bundles, which can include even the most complex products.
• Built-in investment portfolio generator allowing unit-linked policies to be configured holistically with other financial products and scored as part of the customer’s HappiU

“With computing-intensive simulation and optimization techniques on the back of Nobel-Prize winning research on Prospect Theory, we had brought advisory standards to a new level. Now we bring the customer closer to the adviser by using the 360-HappiU^® as the reference system, like how we have come to rely on the thermometer as the source of truth,” said Clarie Kwa, Chief Market Officer.

The 360F product suite is currently being used by life insurers and brokers in the UAE, Bahrain, Qatar, Singapore and Malaysia.

Enrico De Giorgi is currently a Full Professor of Mathematics at University of St. Gallen, Switzerland and Founding Partner of BhFS Behavioural Finance Solutions GmbH.

15 November 2021, SINGAPORE – 360F today announced advisory board member, Enrico De Giorgi. Enrico will provide strategic guidance for 360F’s modelling research in behavioral finance.

“We are pleased to welcome Enrico to 360F, “said Michael Gerber, Chief Executive Officer of 360F, “360F respects Enrico’s strength to translate highly complex behavioral models of human nature into applied mathematics – which is the baseline of 360F’s research work. With Enrico and his research work in decision analysis we have one of the global Behavioral Finance experts on our advisory board”

Enrico De Giorgi is Full Professor of Mathematics and Director of the Institute of Mathematics and Statistics of the University of St. Gallen (HSG). He holds an MS in Mathematics from the Swiss Federal Institute of Technology, Zurich and a PhD in Economics from the University of Zurich. His research interests are decision analysis, behavioral finance, and risk management. Currently, he is Associate Editor of Decisions in Economics and Finance. He is also Senior Advisor at Liqid Asset Management GmbH and at AGFIF International AG, as well as member of Swiss Fintech Innovations.

“360F consistently applies cutting-edge academic research to improve financial advice, focusing on costumers and their real needs.”

Enrico said, “I am excited to have the opportunity to support 360F developing a new paradigm in financial advisory, founded on a solid scientific understanding of human behaviour.”

Genexus Advisory has chosen 360F as its InsurTech partner to scale up its market share in Malaysia with focus on customer engagement and advice quality.

21 October 2021, SINGAPORE/MALAYSIA – 360F and Genexus have agreed to onboard Genexus’ financial advisors and selected product carriers onto 360F’s financial solutioning platform. As 360F’s preferred partner in Malaysia, Genexus will be the first financial advisory firm in the country to roll out 360F’s flagship solutioning optimizer for life insurance and wealth management, and 360-HappiU^®, the personalized scoring system for financial satisfaction.

“360F’s partnership with Genexus will enable the advisors to spearhead digital customer engagement in Malaysia, providing quality advice to their customers,” said Michael Gerber, Chief Executive Officer of 360F. “This partnership is a significant milestone for the Malaysian market.”

“At Genexus, we believe we need to adopt new technologies to provide better customer experience in this digital era. I strongly believe that technology is a key differentiator for Financial Advisory firms,” said Morten Lee, Chief Executive Officer of Genexus Advisory. “I am absolutely convinced with the digital engagement tool from 360F.”

Using the 360F platform that is integrated with Genexus’ product carrier partners, Genexus advisors can look forward to reducing their sales cycle by as much as 60% as they will be able to deliver optimal, consistent and compliant financial solutioning in real time. The platform also empowers customers to envision and score their financial future with customized solution packages, a customer-centric innovation that is a refreshing change from the classical product-centric push.

Having established strong market traction in Singapore and the Middle East, 360F now accelerates its internationalization activities. 360F has been selected to join the FIN:SURE Innovation Sprint organized by InsurTech Hub Munich and the InsurTech Accelerator organized by InsurTech NY.

360F is committed to its international expansion to enable insurers, banks and financial services distributors to deliver intuitive and optimal solutioning advice in life insurance and wealth management, with scale economics.

ABOUT FIN:SURE

FIN:SURE is organized by InsurTech Hub Munich, an innovation platform uniting international insurance and cross-industry partners, startups, investors, academia and governmental entities in their quest to make the insurance industry future-proof. FIN:SURE promotes collaboration between industry players in dedicated challenge teams to explore and redefine the customer journey along specific challenges. FIN:SURE aims to explore the ecosystem of insurances, tech leaders, financial players and innovative startups to develop first solutions.

https://www.insurtech-munich.com/finsure/

ABOUT INSURTECH NY

InsurTech NY acts as a global hub pulling together the insurance community. InsurTech NY brings together carriers, brokers, InsurTechs, and investors via regular programs and its insurance accelerator. Its mission is to drive talent to insurance, make regulation innovation-friendly, connect InsurTechs to the NYC ecosystem, and improve access to investment.

https://www.globenewswire.com/news-release/2021/10/12/2312699/0/en/InsurTech-NY-Announces-its-2021-Accelerator-Cohort.html

Peter Huber is currently Chief Insurance Officer at wefox, the Berlin based digital insurance company.

1 October 2021, SINGAPORE – 360F today announced new advisory board member, Peter Huber. Peter will provide strategic guidance for 360F’s internationalization.

“We are pleased to welcome Peter Huber to 360F,” said Michael Gerber, Chief Executive Officer of 360F, “Peter’s executive and international experience in the insurance space is instrumental to the industry’s reinvention and invaluable to 360F as we pursue our mission to entrench ourselves as the gold standard in financial advisory globally.”

Mr. Huber’s current appointment as Chief Insurance Officer at wefox is backed by over two decades of accomplishment in the insurance industry. Mr. Huber was most recently Chief Executive Officer for Zurich International, covering three of its key markets including the Middle East. During his eight-year career in Zurich Insurance, Mr. Huber was also CEO Zurich Life Singapore and Country CEO for Zurich Topas Life Indonesia. Prior to his time in Zurich, he was Regional General Manager, Life & Health for Allianz SE Asia-Pacific. He also spent nearly ten years in Swiss Life Group in various business units. Mr. Huber has a Masters degree in commercial law from the University of St. Gallen Switzerland, as well as a Masters degree in Finance from London Business School. In 2005, he attended the Advanced Management Program at the Harvard Business School.

“Insurance gives people the peace of mind. Financial advice sees this through. 360F brings to market the means to make financial advice consistent, accountable and intuitive to understand, rewriting the archaic rules of customer engagement in a traditional product-centric industry,” said Huber. “I am excited to have the opportunity to help this game-changing company become global. Optimal financial advice should be available anywhere for anyone.”

360F renews the core experience of digital advice with high-performance features that help insurers, banks and advisory firms engage their customers and scale their distribution outreach.

9 August 2021, Singapore — 360F has unveiled a new global release of its full modular product suite, including flagship solutioning optimizer 360-ProVestment^®.

From intuitive design features that empower customers to understand and validate their options to high configurability that enables financial institutions to launch in as quickly as 90 days, 360F’s new release optimizes advisor capabilities with scale economics and lays a strong foundation for trust between the advisor and customer.

Making informed decision becomes very easy with the 360-HappiU^® module, which forecasts the customer’s financial future. Unlike the conventional financial ratios, the 360-HappiU^® factors in the individual values, beliefs and lifestyles to establish the customer’s financial satisfaction criteria, against which the module simulates to yield the HappiU score.

“Motivated to improve their HappiU score, customers become more willing than ever to seek suggestions. We have been keeping up their momentum by showing them their multi-needs solutioning options, all customized in real-time. We now boost engagement even more with insights-generation capability so that customers get self-explanatory pointers that they can apply immediately to improve their score,” said Mr. Michael Gerber, Chief Executive Officer. “Enabling customers to take an educated role in their financial well-being unlocks the full potential of advisors.”

The new release also enables financial institutions to enjoy accelerated time-to-market and simultaneously, higher quality of the business portfolio with:

• High configurability, making it easy and fast for product carriers to onboard new products and reflect regulatory changes for automated recommendation
• Pricing sheets transformation enabling product carriers to break free from legacy architectures and give their captive and third-party digital distributors the ability to automate real-time solutioning bundles, which can include even the most complex products.
• Built-in investment portfolio generator allowing unit-linked policies to be configured holistically with other financial products and scored as part of the customer’s HappiU

“With computing-intensive simulation and optimization techniques on the back of Nobel-Prize winning research on Prospect Theory, we had brought advisory standards to a new level. Now we bring the customer closer to the adviser by using the 360-HappiU^® as the reference system, like how we have come to rely on the thermometer as the source of truth,” said Clarie Kwa, Chief Market Officer.

The 360F product suite is currently being used by life insurers and brokers in the UAE, Bahrain, Qatar, Singapore and Malaysia.

Visit 360f.com to discover what more 360F has to offer.

ZurichPro, first launched seven months ago for new business distribution, raises the customer centricity quotient further by enabling distributors to service their customers’ in-force policies seamlessly from the same platform.

28 July 2021, Dubai/Singapore — 360F and Zurich International Life (Zurich) have partnered once more, this time, to expand ZurichPro’s digital capabilities in servicing in-force policies, especially with respect to reviewing their sustainability with re-illustration functionalities. The two companies had debuted ZurichPro in November 2020, digitizing the entire financial planning journey to create a paperless transaction and seamlessly integrate omni-channel distribution of their insurance products.

Simon Price, Head of Market Management at Zurich in the Middle East, says: “This is another step in our digital transformation journey, allowing advisors to seamlessly service customers for both new and existing business. As the leading life insurer in the market, we are proud to be able to show the way when it comes to digital transformation, bringing direct value to both end customers and advisors.”

The new functionality leverages the modern pricing engine that 360F had built in the first launch of ZurichPro. Running on an efficient and scalable codebase, the high-performance engine was further enhanced with in-force specific versioning logic and validation. 360F also implemented product modularization to help Zurich reduce future maintenance efforts, creating a strong business case alongside the resulting elevated customer centricity.

Michael Gerber, CEO of 360F, says that “We are grateful to be working with the market leader in the Middle East to develop a new level of distribution skills where the focus is not only on new business but also customer centricity as the baseline for any digital journey.”

ZurichPro today processes close to 2,000 quotations per day, 10,000 applications per month and connects with at least ten white-labelled digital distributors.