Shin Kong Life Insurance Honored with Insurance Trust Love Awards | Latest News | Shin Kong Life Sustainability
Shin Kong Life Insurance Honored with Insurance Trust Love Awards
2023/08/08
Shin Kong Life Insurance Honored with Insurance Trust Love Awards
The 25th "Insurance Trust Love Awards," organized by the Modern Insurance Education Foundation, held its award ceremony on August 8th at the Sun Yat-sen Memorial Hall. Shin Kong Financial Holdings' subsidiary, Shin Kong Life Insurance, has consistently focused on the essence of insurance. They have strived for innovation in various aspects such as product development, organizational management, corporate social responsibility, and insurance education promotion, distinguishing themselves among many life insurance peers. They were honored with awards in five categories, including Best Social Responsibility Award, Best Product Innovation Award, Best Insurance Professional Award, Best Contribution to Insurance Education Award, and the top spot as the Insurance Popularity King.
With a six-decade-long commitment to Taiwan, Shin Kong Life Insurance has shouldered the responsibility of protecting numerous families. They actively promote sustainable corporate practices, aligning with the United Nations' Sustainable Development Goals (SDGs). They encourage nationwide sports participation, active living for seniors, and guide the public to face an increasingly long-lived future with good health. They focus on caring for vulnerable populations, advancing education, and environmental conservation, ensuring a stable and sustainable environment for future generations. Underpinning their actions in these core areas—"Community," "Senior Citizens," "Vulnerable Groups," "Environment," and "Students"—they have embodied ESG principles. Shin Kong Financial Holdings has been selected for the Dow Jones Sustainability Index (DJSI) for two consecutive years, with an overall ESG score ranking in the top 4% globally within the insurance industry. They have won the "Best Social Responsibility Award" for the 23rd time, receiving recognition for their unwavering efforts.
The "Shin Kong Life Insurance Eat Well and Stay Healthy Insurance Rider" (referred to as Eat Well) is designed with the concept of "safety at the table, insurance on the palate." It focuses on digestive system diseases, providing robust coverage for inpatient treatment and surgical medical expenses, making it the best medical insurance in the industry for digestive health. Eat Well continues the philanthropic ideals of the "New Life One Acre of Happiness Dining Tables" initiative and supports SDG 2 to eliminate hunger. For each policy sold, they donate a relative amount to the Taiwan Food Bank Association. They also encourage Shin Kong Life small farmers to participate in the food rescue program, harnessing the power of businesses and society to assist disadvantaged families. This showcases Shin Kong Life Insurance's core values of sustainability: "Low Carbon, Innovation, and Common Good." For this, they received the "Best Product Innovation Award."
Human capital is essential in the insurance industry, and Shin Kong Life Insurance emphasizes talent development. They have built a systematic training system based on competencies to cultivate outstanding insurance professionals and elite sales teams, aligning with the concept of creating a win-win-win situation for customers, employees, and shareholders. They offer diverse training methods, including online platforms blended with offline physical programs, online broadcast morning meetings, and the introduction of the "Hahow for Business" online education training platform in 2022. The total training hours reached 54,953, and they implemented a "Learning Leave" mechanism, allowing employees to customize their learning plans and apply for study leave upon reaching specific reading hours. In response to the Fintech transformation, they actively promote international financial certification, with 635 professionals achieving the top rank in the industry, justifying their recognition as the "Best Insurance Professional Award."
Insurance education forms the foundation of sustainable finance, and Shin Kong Life Insurance offers various courses tailored to different segments of society. For students, they provide opportunities for financial and insurance majors through "industry-academia cooperation" by offering internships, financial insurance courses, scholarships, and collaborative research. For non-business majors, they introduce insurance education through avenues like the ATCC National College Business Case Competition, financial growth camps, and corporate visits. For the general public, they organize " Shin Kong Life Beautiful Life Lectures," publish the " Shin Kong Life Insurance New Life" policyholder quarterly, establish innovative insurance experience shops like the "Life Design Lab," and utilize company social media platforms and self-media to promote lifelong learning. This effort helps the public understand the importance of insurance planning, earning them the "Best Contribution to Insurance Education Award."
Shin Kong Life Insurance upholds the four core principles of "Innovation, Service, Integrity, and Giving Back." They consistently provide high-quality financial and insurance services to meet customer protection needs while fulfilling their corporate social responsibility. They steadily progress toward their vision of sustainable development, aiming to continue making a positive impact and embodying the corporate spirit of "Light Everywhere, Heart Always with You."