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AXA launches “SmartStudent Overseas” to provide comprehensive protection for overseas studies

Four market-leading features with medical coverage up to HKD2,000,000

HONG KONG SAR – Media OutReach – 19 July 2021 – AXA Hong Kong and Macau (“AXA”) is pleased to announce the launch of “SmartStudent Overseas” to provide comprehensive protection for students studying abroad with home-to-home coverage, even during internship, working part-time or going on excursions. “SmartStudent Overseas” features four market-leading highlights for a broad age group of students from 10 to 35:

  • Best medical expense coverage up to HKD2,000,000
  • Best personal accident protection up to HKD1,500,000
  • Best emergency family reunion benefit up to HKD100,000
  • Market-leading education fund up to HKD300,000

“SmartStudent Overseas” offers instant policy approval with simple and fast online enrolment. Customers can get an all-round protection before the start of the trip from Hong Kong and enjoy easy claims service from anywhere in the world. All benefits we provide are free of any excess or deductible. “SmartStudent Overseas” annual premium can be as low as HKD3,510. From now until 31 October 2021, customers purchasing “SmartStudent Overseas” will be entitled to a 10% instant premium discount on any plan.

Comprehensive home-to-home medical and personal accident protection

AXA aims to be the best companion for students studying overseas by ensuring that they have the necessary protection from the moment they leave home for overseas study until they return to Hong Kong. AXA provides the highest coverage in the market with up to HKD2,000,000 medical expense for accidental bodily injury sustained or sickness contracted overseas, including up to HKD250,000 for follow-up medical treatment in Hong Kong within 90 days of the student’s return from abroad. Medical expenses due to a pandemic such as COVID-19 will also be covered.

It also offers the best personal accident protection with coverage up to HKD1,500,000 for accidental death or permanent disablement, including an additional payout up to HKD500,000 if the relevant accident results from riding on a common carrier, kidnap or natural disaster.

“SmartStudent Overseas” covers not only the city of study, but also anywhere overseas (except in Hong Kong) when the insured students take internships, non-manual part-time jobs and leisure travel during their study period. Various sports and activities such as cycling, marathon, rafting, wind surfing, hiking, snow skiing are also covered.

Family reunion visit and support during emergencies

Our 24-hour emergency assistance service can help arrange transportation and accommodation for the insured student’s family to visit the insured student overseas, if the insured student is hospitalised for more than 5 consecutive days, or in the unfortunate event of the insured student’s death. We cover up to HKD100,000 for the transportation and accommodation expense. Parents or guardians who take annual leave for such visit can also get up to HKD2,500 cash benefit.

Moreover, AXA fully recognises that education is key to a successful future. If the insured student’s parent or guardian suffers from accidental death or permanent disablement, a separate education fund up to HKD300,000 will be given to the insured student to ensure continuity of his/her studies.

Comprehensive overseas home contents and personal belongings protection

“SmartStudent Overseas” also covers overseas home contents up to HKD10,000, and personal belongings up to HKD20,000 on a worldwide basis (except in Hong Kong) during the study trip, including musical instruments, sports equipment, mobile phones and laptop computers. Temporary accommodation expenses up to HKD5,000 will be reimbursed if the overseas residence is damaged and rendered uninhabitable as a result of insured events.

It also offers the first-in-market coverage of storage cost for personal belongings up to HKD2,000 if the insured student needs to make an emergency departure, and cash allowance up to HKD2,000 for unexpected school closure because of natural disaster or compulsory closure by local police or authority.

Kenneth Lai, P&C Distribution Director, AXA Hong Kong and Macau, said, “Studying abroad is a good opportunity for students to grow and broaden their horizons. With the increasing popularity of overseas study, AXA is delighted to be a companion to students during this important phase of their lives by providing them with market-leading comprehensive protection. As Hong Kong’s largest general insurer[1], we have enhanced the benefits to an unmatched level in the industry with the highest medical and personal accident coverage. ‘SmartStudent Overseas’ helps students feel confident to achieve their goals and go further in life, which exemplifies AXA’s ‘Know You Can’ brand promise.”

To learn more about “SmartStudent Overseas”, please visit www.axa.com.hk/overseas-student-protection.

The above information is for reference only. For details on product features, content, terms and exclusions, please refer to the relevant product brochure.


[1]According to the Insurance Authority Provisional Statistics on Hong Kong General Insurance Business in 2020

About AXA Hong Kong and Macau

AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 54 markets and serving 105 million customers worldwide. Our purpose is to act for human progress by protecting what matters.

As one of the most diversified insurers offering integrated solutions across Life, Health and General Insurance, our goal is to be the insurance and holistic wellness partner to the individuals, businesses and community we serve.

At the core of our service commitment is continuous product innovation and customer experience enrichment, which is achieved through actively listening to our customers and leveraging on technology and digital transformation.

We embrace our responsibility to be a force for good to create shared value for our community. We are proud to be the first insurer in Hong Kong and Macau to address the important need of mental health through different products and services. For example, the Mind Charger function on our holistic wellness platform “AXA BetterMe”, which is available via our mobile app Emma by AXA, is open to not just our customers, but the community at large. We will continue to foster social progress through our product offerings and community investment to support the sustainable development of Hong Kong and Macau.

THIS PRESS RELEASE IS AVAILABLE ON AXA’S WEBSITE: AXA.COM.HK

IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS

Certain statements contained herein may be forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause AXA’s actual results to differ materially from those expressed or implied in the forward-looking statements. Please refer to Part 4 – “Risk factors and risk management” of AXA’s Universal Registration Document for the year ended December 31, 2020, for a description of certain important factors, risks and uncertainties that may affect AXA’s business, and/or results of operations. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise, except as part of applicable regulatory or legal obligations.

#AXA

Man Jailed for Illegally Entering Vietnam and Spreading Covid-19

Vietnamese man sentenced to 18 months jail for spreading Covid-19
Dao Duy Tung stand trials in northern Hai Duong Province for spreading Covid-19 to other people, July 16, 2021. Photo by VnExpress/Manh Hung.

A man has been sentenced to 18 months imprisonment for illegal entry into Vietnam from Laos and spreading Covid-19.

Lockdown Extended as Laos Records 114 New Cases of Covid-19

Vientiane Capital

Laos has extended lockdown measures until 3 August after confirming a further 114 cases of Covid-19 today.

Four Athletes from Laos Arrive in Tokyo for Olympic Games

Tokyo Olympic Games

Four Lao athletes and their team leaders arrived in Tokyo on Friday for the Olympic Games, scheduled to begin on 23 July.

Champasack Orders Covid Retest at Quarantine Centers

Quarantine center in Champasack
Quarantine center in Champasack (Photo: KPL)

Authorities in Champasack have announced they will retest occupants of quarantine centers, while employees working at the centers will be barred from leaving.

NetApp Celebrates the Digital Transformation and Business Growth Achievements of FY’21 APAC Partner Excellence Award Winners

Selected partners recognized for their commitment toward customer success with NetApp solutions and for driving revenue growth in cloud, FlexPod, AI, data protection and backup as a service

SINGAPORE Media OutReach19 July 2021 – NetApp (NASDAQ: NTAP), a global cloud-led, data-centric software company, today announced the winners of its annual Asia-Pacific (APAC) Partner Excellence Awards. Presented during this year’s virtual NetApp Partner Summit, these awards recognize partners that have demonstrated outstanding commitment toward customer success and revenue growth.

These partners have excelled in selling NetApp® solutions in categories, such as cloud, the FlexPod® platform, AI, data protection and backup as a service in the past fiscal year, by building differentiated specializations in key focus areas of the NetApp Unified Partner Program.

The award-winning, recently updated NetApp Unified Partner Program enables partners to gain a competitive advantage, grow their business, increase margin opportunity, and attain an optimal return on relationship. With NetApp’s industry-leading portfolio of hybrid cloud data services and data management solutions, partners are well-positioned to help enterprises accelerate digital transformation and unlock the power of data wherever it resides: on-premises, in multiple clouds, or anywhere in between.

“We are especially proud to acknowledge our partners’ successes in helping our customers navigate the most challenging period we have ever seen,” said Wendy Koh, Vice President, Channel & Alliance, APAC, NetApp. “Our partners are critical to the growth and success of our business across the region. Through our Unified Partner Program, we are committed to a long-term investment strategy, so that our strategic partners have profitable growth opportunities to continue doing what they do best – helping customers derive the most value from their data to achieve exceptional business outcomes.”

APAC Partner Excellence Award Winners for NetApp’s Fiscal Year 2021 (FY’21):

  • Partner of the Year: Recognizing the partner’s overall NetApp FY’21 revenue, services capabilities, and for driving the highest growth in the APAC region.

o Winner: SysOne Co Ltd (South Korea)

  • Distributor of the Year: Recognizing the partner’s overall NetApp FY’21 revenue, services capabilities, and ability to drive distributor managed partner (DMP) growth.

o Winner: Zero One Technology Co., Ltd (Taiwan)

  • Service Partner of the Year: Recognizing the partner’s investment in NetApp services and ability to develop advanced technical skills across the entire NetApp’s portfolio to deliver best-in-class experiences for customers.

o Winner: ITOCHU Techno-Solutions Corporation (CTC) (Japan)

  • Growth Partner of the Year: Recognizing the partner’s ability to generate significant year-on-year growth in their revenue across the NetApp portfolio.

o Winner: Amidas Hong Kong Limited (Hong Kong)

  • New Account Acquisition Partner of the Year: Recognizing the partner with the highest number of net-new account wins to NetApp in the APAC region.

o Winner: Otsuka Corporation (Japan)

  • Cloud Partner of the Year: Recognizing the partner’s overall FY’21 cloud data services revenue and deployment of a cloud-focused digital transformation strategy that aligns with NetApp’s cloud vision.

o Winner: ITOCHU Techno-Solutions Corporation (CTC) (Japan)

  • Solution Innovation Partner Awards: Recognizing partners that have successfully driven new workloads for new and existing customers.

o Winner (AI): SoftFusion Co Ltd (South Korea)

o Winner (FlexPod): PT. Mastersystem Infotama (Indonesia)

o Winner (Data Protection Alliance): Hitachi Systems Micro Clinic Pvt. Ltd. (India)

o Winner (Backup as a Service): Global Storage (Australia)

  • Global Systems Integrator (GSI) Partner of the Year: Recognizing the partner’s ability to drive incremental engagements that are focused on SAP workloads and supporting customers’ journey to the cloud.

o Winner: Accenture (ASEAN)

For more information on the NetApp Unified Partner Program, visit: www.netapp.com/partners/resources

About NetApp:

NetApp is a global cloud-led, data-centric software company that empowers organizations to lead with data in the age of accelerated digital transformation. The company provides systems, software and cloud services that enable them to run their applications optimally from data center to cloud, whether they are developing in the cloud, moving to the cloud, or creating their own cloudlike experiences on premises. With solutions that perform across diverse environments, NetApp helps organizations build their own data fabric and securely deliver the right data, services, and applications to the right people – anytime, anywhere. Learn more at www.netapp.com or follow us on Twitter, LinkedIn, Facebook, and Instagram.

NETAPP, the NETAPP logo, and the marks listed at www.netapp.com/TM are trademarks of NetApp, Inc. Other company and product names may be trademarks of their respective owners.

#NetApp

Six Advisers With Focus Firms Named to the 2021 List of Australia’s Top 100 Financial Advisers

NEW YORK, NY – ACCESSWIRE – 19 July 2021 – Focus Financial Partners Inc. (NASDAQ:FOCS) (“Focus”), a leading partnership of fiduciary wealth management firms, announced today that five advisers with Melbourne-based Escala Partners Limited (“Escala”), a Focus partner firm, and one adviser with Sydney-based Brady & Associates Financial Advisers (“Brady & Associates”), a member of Connectus Wealth Advisers, also a Focus partner firm, were named to the 2021 list of Australia’s Top 100 Financial Advisers. The list is based on an extensive, national survey conducted by The Australian in collaboration with Barron’s and is a guide to the country’s leading wealth management advisers. The advisers from both firms named to this year’s list have been on it for at least the last three years.

Brady & Associates is a financial advice firm with a 28-year heritage. The firm has close, long-standing relationships with its clients that enable the firm to help with many facets of their clients’ lives and families. The Brady team prides themselves in constructing advice tailored to their clients’ specific circumstances, goals and risk tolerances.

Paul Brady, Founder and Managing Director of Brady & Associates, has more than 25 years of providing comprehensive financial advice to private clients. Paul was a director of the Financial Planning Association of Australia and was awarded Fellow of the FPA for his leadership and contribution to the financial planning community.

Escala was established with the collective ambition to become the new standard of personalized wealth management in Australia. The firm quickly emerged as a leading fiduciary wealth adviser to individuals, families, foundations and institutional investors across Australia, providing them with customized investment solutions through a collaborative, team-based approach. Escala’s client relationships are sustained over time through their dedication to highly personalized service and an ongoing commitment to innovation in defining the standards for excellence in the Australian wealth management industry.

Mason Allamby, Scott Carmichael, Steve Collins, Amanda Fong and Ben James are Partners and members of the original group of Escala founders who started the firm in 2013. They each have deep expertise in multiple areas of wealth management, including financial planning, asset allocation, tax strategy and, in Ms. Fong’s case, the not-for-profit space.

“We are thrilled that Brady & Associates and Escala were recognized for the caliber of their advisers,” said Rajini Kodialam, Co-Founder and Chief Operating Officer of Focus. “Both firms are known for their contributions to the rapidly evolving Australian wealth management industry. Their client-centric mindset, combined with a dedication to excellence and innovation, position them for strong future growth. Focus is honored to be a part of each firm’s journey as a strategic partner. Our Australian presence will expand further as our value proposition continues to resonate. Our growing scale in this market is beneficial to our Australian firms, advisers and their clients.”

About Focus Financial Partners Inc.

Focus Financial Partners Inc. is a leading partnership of fiduciary wealth management firms. Focus provides access to best practices, resources, and continuity planning for its partner firms who serve individuals, families, employers and institutions with comprehensive wealth management services. Focus partner firms maintain their operational autonomy, while they benefit from the synergies, scale, economics and best practices offered by Focus to achieve their business objectives. For more information about Focus, please visit www.focusfinancialpartners.com.

#FocusFinancialPartners

About Brady & Associates Financial Advisers

Brady & Associates is a private client wealth management and accounting advisory practice. Brady & Associates serves as a trusted adviser to a diverse range of clients within New South Wales and throughout Australia, including high net worth individuals and families, trusts, estates and small business owners. Brady & Associates provides a team-based, integrated approach in providing clients financial planning, investment management and tax advisory services. For more information on Brady & Associates, please visit https://bradyassoc.com.au/.

About Escala Partners Limited

Founded in 2013, Escala provides objective advice and investment management solutions to high-net-worth individuals, families, foundations and institutional investors. Escala serves its clients through a collaborative, team-based approach focused on the client experience, a relationship built on trust and sustained over time by performance in line with evolving investment objectives. For more information about Escala, please visit https://escalapartners.com.au.

About the 2021 List of Australia’s Top 100 Financial Advisers

The Top 100 Financial Advisers list is a collaboration between The Australian and Barron’s. The formula used to calculate the ranking is rooted in three general categories: client assets managed by the adviser, fees and revenue generated by their business, and the quality of the adviser’s business. The asset and revenue numbers are proxies for client satisfaction. The quality of practice category includes a number of factors including an adviser’s experience, credentials and client-service resources. The listing is based on a survey of 73 questions.

Cautionary Note Concerning Forward-Looking Statements

This release contains certain forward-looking statements that reflect Focus’ current views with respect to certain current and future events. These forward-looking statements are and will be, subject to many risks, uncertainties and factors relating to Focus’ operations and business environment, including, without limitation, uncertainty surrounding the current COVID-19 pandemic, which may cause future events to be materially different from these forward-looking statements or anything implied therein. Any forward-looking statements in this release are based upon information available to Focus on the date of this release. Focus does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any statements expressed or implied therein will not be realized. Additional information on risk factors that could affect Focus may be found in Focus’ filings with the Securities and Exchange Commission.

The services described in this release are not intended for persons outside of Australia.

Laos Confirms 131 New Cases of Covid-19

Covid-19 Update

Laos has confirmed 131 new cases of Covid-19 today, bringing the total number of cases to 3,426.