Singapore, 3 May 2017 – AAS Academy, a wholly owned subsidiary of Automobile Association of Singapore, is offering an Online Driver Risk Assessment to AIG Asia Pacific Insurance Pte. Ltd. (AIG Singapore) customers, as part of a collective effort in Singapore. The initiative is the first industry collaboration that aims to reward safe drivers with insurance premium discounts.

According to data released by Traffic Police[1], accidents resulting in injuries rose from 8,058 in 2015 to 8,277 in 2016, the highest number over the past five years.

Mr Bernard Tay, President of the Automobile Association of Singapore, said, “As the voice of the motoring community, AA Singapore is an active advocate of road safety issues in Singapore. Although the overall road safety situation improved in 2016, the increase in number of accidents shows that more can be done to increase awareness of road safety. We believe we can help to cultivate better road safety habits with our new programme in partnership with AIG Singapore.”

The Online Driver Risk Assessment programme will help individuals identify their level of driving risk and understand measures they can take to protect themselves and other road users. Drivers are assessed based on four critical competencies – attitude, knowledge, concentration and observation, and hazard perception, and will be rated as high, medium or low risk according to their responses.  

Participants who achieve a “low risk” rating score will be rewarded with a 15 per cent safe driver discount on their AIG Singapore vehicle insurance premium. Additionally, the first 100 participants who successfully attain the “low risk” rating will receive a free one-year AA Membership.

AIG Singapore customers who also download the AIG On the Go driving app will enjoy further discounts of up to an additional 15 per cent for safe driving scores, for a total 30 per cent saving on their vehicle insurance premium.

AIG Singapore’s Head of Auto Insurance, Mr Manik Bucha, said, "At the global and local levels, AIG has always been committed to creating safer roads for all users and this partnership with AA Singapore is another step towards encouraging safer driving habits amongst Singapore drivers. At the same time, we see this as a great opportunity to reward safe drivers by turning their good road safety habits into cost savings for their vehicle insurance premiums.

“Our recently launched AIG On the Go app also encourages safe driving by scoring a driver’s performance every time they get behind the wheel, and complements this latest initiative from AA Singapore to foster better road safety in Singapore."

To find out more about the assessment or to register your interest, visit www.aig.com.sg/aas.

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About the Automobile Association of Singapore

AA Singapore is the leading motoring association in Singapore today with over 80,000 members. The Association is the local leader in the provision of Roadside Assistance Services, and the voice of motorists, acting as a bridge between the motoring public and relevant authorities. In addition to its motoring-related services, AA Singapore organises driving holidays and a comprehensive selection of motoring and lifestyle workshops and activities to cater to members’ varied needs.


AA Singapore is affiliated to the FIA, which represents the motoring interests of member associations in over 120 countries. Through this affiliation, AA Members can expect the same level of motoring convenience and assistance when they drive overseas.


For more information on AA Singapore, please visit
www.aas.com.sg.

About AAS Academy

AAS Academy was established in July 2015 as a wholly owned subsidiary of the Automobile Association of Singapore. It is the first and only IRU Accredited Training Institute in Southeast Asia. Its primary objective is to provide post basic vocational training, with emphasis towards areas of safety, competency and fleet management, for both commercial and non-commercial drivers in Singapore and the region.

The Academy also achieved the Course and Centre Approval from the Royal Society for Prevention of Accidents (RoSPA) to deliver the Certificate of Professional Competence (CPC) Courses, professionally designed to develop and enhance the skills and risk awareness of commercial drivers.

For more information on AAS Academy, please visit www.aasacademy.com.sg.

About AIG

American International Group, Inc. (AIG) is a leading global insurance organization. Founded in 1919, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG’s core businesses include Commercial Insurance and Consumer Insurance, as well as Other Operations. Commercial Insurance comprises two modules – Liability and Financial Lines, and Property and Special Risks. Consumer Insurance comprises four modules – Individual Retirement, Group Retirement, Life Insurance and Personal Insurance. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.

Additional information about AIG can be found at www.aig.com and www.aig.com/strategyupdate | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance | LinkedIn: http://www.linkedin.com/company/aig. These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries, and coverage is subject to actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.


[1] Singapore Police Force, Annual Road Traffic Situation 2016