Income Insurance
75 Bras Basah Rd, Income Centre,
Singapore, 189557,
Singapore
Singapore, 189557,
Singapore
65 6788 1777
Insurance
Income Insurance Technographics
Income Insurance Software Purchases and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Income Insurance and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 8400 Income Insurance employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Income Insurance has purchased the following applications: SAP ERP ECC 6.0 for ERP Financial in 2010, Oracle PeopleSoft Global Payroll for Payroll in 2010, eBaoTech LifeSystem Suite for Insurance ERP in 2014 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Income Insurance is running and its propensity to invest more and deepen its relationship with SAP , Oracle , eBaoTech or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Income Insurance revenues, which have grown to $4.59 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Income Insurance intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Income Insurance Data, Technology Stack, and Enterprise Applications
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Legacy | SAP ERP ECC 6.0 | ERP Financial | ERP Financial Management | n/a | 2010 | 2010 |
In 2010, Income Insurance implemented SAP ERP ECC 6.0 as its ERP Financial platform to centralize financial reporting and controls. The deployment established SAP ERP ECC 6.0 as the primary financial accounting and reporting backbone for the organization and was the focus of internal audit risk assessment and annual audit planning activities that year.
SAP ERP ECC 6.0 was configured to support financial closing and reporting, accounts payable and procurement workflows, and fixed asset management, aligning with standard Financial Accounting, Materials Management and Asset Management capabilities. The implementation was scoped to ensure transactional posting and reconciliation processes were consolidated in SAP ERP ECC 6.0 while allowing for interfacing needs to adjacent systems relevant to payroll and insurance product processing.
Internal audit workstreams documented integrations and IT general control coverage for SAP ERP ECC 6.0 alongside Windows and UNIX host environments, the eBao insurance system, Peoplesoft payroll, and HRPS timekeeping, reflecting a multi-system operational footprint. Audit activities included preparing engagement plans, managing fieldwork and supervising audit staff to evaluate both automated system controls and manual controls related to procurement and disbursement, payroll management, insurance underwriting and claims processing, and fixed asset accounting.
Governance and assurance processes were formalized through internal audit engagement plans, audit programs and correspondence, issuance of internal audit reports, and tracking and follow up on identified issues. Audit teams also performed ad hoc projects during the SAP ERP ECC 6.0 era, including preliminary investigations of whistle blower reports, presentations of whistle blowing policy in orientations, and data analysis using ACL to support control testing and fraud inquiry.
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ERP Financial | ERP Financial Management |
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2018 | 2018 |
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HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle PeopleSoft Global Payroll | Payroll | HCM | n/a | 2010 | 2010 |
In 2010, Income Insurance implemented Oracle PeopleSoft Global Payroll as its core Payroll application for managing payroll processing and statutory reporting across its Singapore operations. The Oracle PeopleSoft Global Payroll deployment centralized payroll processing, payroll calculation engines, batch processing workflows, payroll reporting outputs, and reconciliation routines to support payroll management and financial closing activities.
Configuration and functional scope included payroll rule configuration for statutory compliance, payroll control workflows, data validation and audit logging, and payroll reporting templates. The implementation emphasized payroll processing capabilities and payroll data reconciliation to feed financial close and HR reporting processes.
The deployment was integrated into the broader IT landscape and validated alongside existing systems, with interfaces and data flows between Oracle PeopleSoft Global Payroll and HRPS timekeeping for attendance feeds, and financial reporting systems such as SAP for general ledger posting, and it was assessed in context with the eBao insurance system. Technical environment reviews covered Windows and UNIX infrastructure supporting the application and its batch processing.
Governance and control work was driven by internal audit activities that performed risk assessment and prepared the annual audit plan, managed fieldwork and audit staffing, evaluated automated and manual controls relevant to payroll management, and performed IT General Computer Controls reviews of PeopleSoft. Audit outputs included internal audit reports, tracked remediation of findings, and ongoing compliance and control monitoring tied to payroll operations.
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Recruiting, Applicant Tracking System | HCM |
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2015 | 2015 |
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| eBaoTech | Legacy | eBaoTech LifeSystem Suite | Insurance ERP | ERP Services and Operations | n/a | 2014 | 2014 |
In 2014, Income Insurance deployed eBaoTech LifeSystem Suite as its Insurance ERP to support an accelerated product and regulatory delivery calendar. Requirement gathering, process modeling and preparation of requirement specifications for six enhancements were completed in October, followed by launches of six new products in November and three regulatory-driven enhancements in December 2014.
The implementation emphasized product configuration and policy administration workflows within eBaoTech LifeSystem Suite, focusing on policy lifecycle configuration, change request processing and integrated testing. The project team served as the communicator between end-users and the Business Analyst Manager, preparing test scenarios and conducting integrated testing ahead of user acceptance testing for the specified change requests.
Integrations and operational coverage included coordination with Policy Administration System support teams for Life and Health, and explicit interoperability with eBao for Life products and WBIS for IncomeShield products to plan and execute end-to-end testing. Operational responsibilities also encompassed investigation of user reported issues, formulation and agreement of terms of reference, and production of Issue Analysis reports delivered to users and software development teams with recommended solutions.
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AI Development
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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ML and Data Science Platforms | AI Development |
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2017 | 2017 |
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Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Analytics and BI | Analytics and BI |
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2017 | 2017 |
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Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Digital Signing | Content Management |
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2020 | 2020 |
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Web Content Management | Content Management |
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2020 | 2020 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Customer Data Platform | CRM |
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2020 | 2020 |
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Digital Advertising Platform | CRM |
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2016 | 2016 |
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Digital Advertising Platform | CRM |
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2016 | 2016 |
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Marketing Analytics | CRM |
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2019 | 2019 |
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Marketing Analytics | CRM |
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2021 | 2021 |
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Marketing Automation | CRM |
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2020 | 2020 |
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Tag Management | CRM |
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2021 | 2021 |
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EPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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EPM | EPM |
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2013 | 2013 |
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Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Portfolio and Investment Management | Investment Management |
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2015 | 2015 |
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Portfolio and Investment Management | Investment Management |
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2015 | 2015 |
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Portfolio and Investment Management | Investment Management |
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2018 | 2018 |
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Trading Platform | Investment Management |
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2015 | 2015 |
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TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Risk Management | TRM |
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2021 | 2022 |
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PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Transactional Email | PaaS |
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2019 | 2019 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2015 | 2015 |
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Content Delivery Network | IaaS |
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2019 | 2019 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Web Application Firewalls (WAF) | CyberSecurity |
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2021 | 2021 |
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IT Decision Makers and Key Stakeholders at Income Insurance
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Income Insurance Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||
FAQ - APPS RUN THE WORLD Income Insurance Technographics
Income Insurance is a Insurance organization based in Singapore,
with around 8400 employees and annual revenues of $4.59 billion.
Income Insurance operates a diverse technology stack with applications such as
SAP ERP ECC 6.0, Oracle PeopleSoft Global Payroll and eBaoTech LifeSystem Suite,
covering areas like ERP Financial, Payroll and Insurance ERP.
Income Insurance has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as SAP, Oracle and eBaoTech.
Income Insurance recently adopted applications including
AppsFlyer Marketing Analytics in 2021, Tealium IQ Tag Management in 2021 and FIS Insurance Risk Suite (formerly Prophet) in 2021,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Income Insurance’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Income Insurance’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete Income Insurance technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.