Is Budget Direct Insurance licensed in Singapore?
Budget Direct Insurance is the trading name of Auto & General Insurance (Singapore) Pte. Limited, which is licensed by the Monetary Authority of Singapore ("MAS"). We are bound by the regulations and requirements of MAS for insurers.
Is Budget Direct Insurance a Singapore insurer?
Auto & General Insurance (Singapore) Pte. Limited, trading as Budget Direct Insurance, is a subsidiary of BHL Holdings Limited, which through its subsidiaries ("BHL Group") administers millions of policies worldwide.
The offices and staff of Budget Direct Insurance are all based at 190 Clemenceau Avenue, #03-01, Singapore Shopping Centre, Singapore 239924. You can walk into our office, or you can call us. You won't be transferred to a call centre overseas. As a Singapore insurer, we know and understand the unique needs of people living here.
Who is the BHL Group?
The BHL Group is headquartered in the British Isles and provides insurance solutions to millions of policyholders across several countries. The BHL Group includes one of the largest direct personal lines insurers in South Africa, one of the largest personal lines insurance intermediaries in the United Kingdom and the Budget Direct brand in Australia.
The group has been providing cover and service for more than 35 years. Internationally the group administers more than 6.8 million policies and writes in excess of S$2 billion in premiums annually.