CIMB’s InsureXpo 2025, held on 12 April at the Suntec Convention Centre, successfully concluded its second edition, drawing four times more attendees than last year. The event, themed “From Protection to Prosperity,” brought together industry experts from leading insurers such as Singlife, FWD, Income, and AIA, alongside community partners like the Central Provident Fund Board and the Singapore Police Force. The expo aimed to empower Singapore residents with the knowledge and tools to achieve financial independence.
Victor Lee, CEO of Growth Markets and Singapore at CIMB, highlighted the importance of financial literacy in his opening address. “We believe that financial literacy should be second nature to everyone,” he stated, emphasising CIMB’s commitment to supporting Singaporeans at every stage of their financial journey. The event also featured a panel discussion on keeping insurance premiums affordable amidst rising living costs and an ageing population, with insights from major insurers on leveraging digitalisation and insurtech.
A study released by CIMB Singapore revealed a generational divide in financial confidence, with 60% of respondents under 30 aiming for financial independence before 40. However, confidence in financial management was lower among older age groups. The findings underscore the need for tailored financial planning approaches.
InsureXpo 2025 provided a platform for Singaporeans to enhance their financial knowledge, with talks and discussions on topics like legacy planning and financial independence. The event’s success reflects a growing interest in financial literacy and planning among Singapore residents.
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