MAKinsure

Insights

Keeping you informed, ensuring you’re covered.

  • Rising Dental Costs in Singapore: How Insurance Can Help

    Singapore residents are facing a double whammy: rising dental care costs and stagnant dental benefits. This can lead to a significant financial burden, especially for those who require regular dental checkups or complex procedures. Here’s a quick rundown of the situation: This is where dental coverage in your company’s group insurance can play a crucial role. Here’s how MAKinsure…

  • Workplace Fatalities 2021

    In a press release, the Ministry of Manpower (MOM) published the figures on workplace safety for 2021. In total, there were 37 fatalities, comparable to that in 2019 before Covid-19 hit. There were also about 610 incidents which resulted in major injuries, a slight drop compared to 629 in 2019. Even so, the incident rate…

  • Singapore Ranked No. 6 On Exposed Databases

    According to a recent survey carried out by cybersecurity firm IB-Group, it was found that Singapore ranked number 6 globally for having the most databases exposed to the Web in 2021 that hackers could breach and exploit, despite Singapore being such a small nation compared to many others.  It was estimated that Singapore had 1239…

  • Warehouse Fire At Gul Drive

    A warehouse at Gul Drive caught fire last Saturday morning, which resulted in 13 emergency vehicles and 50 firefighting personnel being deployed to contain the blaze. The fire involved waste materials in the warehouse which measured 20 meters by 40 meters. As a result of the large area, firefighters had to take about 2 hours…

  • Man Sues TTSH and doctors for $800k

    A man has sued Tan Tock Seng Hospital (TTSH) and 3 of its doctors over misdiagnosis and negligence for its handling of his mum, Tan Yaw Lan, while she was warded in the hospital. He is seeking $800,000 in damages for the alleged negligence.  It was alleged that the doctors prescribed inappropriate treatment methods and…

  • Contractor Hiring Ban

    Waterproofing contractor Le Fong Building Services was barred from hiring foreign workers for a period of 3 months after one of its employee fell through a roof more than 8m high and sustained multiple bodily injuries. The incident happened after the worker stepped on a skylight panel which broke. Upon inspection, Ministry of Manpower (MOM)…

  • Cyber Breaches

    Cyber breaches continue to occur around the world, with companies big and small being targeted by criminals and hackers, who then either sell the data on the web for money or attempt to get ransoms from the company. Recently, Singtel-owned Optus was the target of a massive data breach, with more than 10 million customers’…

  • Razer vs CapGemini

    The ongoing court case between Razer, a gaming company, and CapGemini, a IT services company, was concluded recently. Razer was awarded a total of US$6.5million in damages by the High Court. Shipping information and order details of thousands of customers were leaked in a cyber security breach in Sep 2020. The damages awarded largely came…

  • Cyber Updates

    2023 thus far is a continuation of the previous years where cyber breaches continue to be rampant, with companies big and small falling prey to these criminals. In April, Australia’s IPH suffered a data breach on a limited set of data, after data originating from their member firm was downloaded by an unauthorized third party.…