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Case study

Amplifying purpose in marketing and product design

Through a series of three integrated marketing campaigns launched in January 2023, Income marries its purpose of putting “People First” with strong product narratives to drive sustainable growth and champion societal well-being. These campaigns, with a people-first approach, build on Income’s brand promise to better understand the customer’s needs and act on their best interests, while also aligning to the brand’s social purpose of empowering better financial well-being for all, including the underserved segment of society.

Income Insurance Ltd, one of Singapore’s leading composite insurers, has launched new marketing campaigns at the start of the year in order to amplify its purpose of putting “people first”.

Income says the new “People first” campaign is not just a marketing amplification of a purpose but is mirrored in Income’s ethos, from the way its advisors treat their customers to the designing of product benefits. This helps Income create stronger product narratives that resonate with customers and has driven continuous revenue growth for the brand.

Income says its three latest campaigns amplify the products and services that embody this value of “Putting people first” in an emphatic yet empathetic manner.

Star Secure Pro is a life insurance product that provides mental wellness benefits for customers, which, Income says, is uncommon in the category of insurance typically focused only on post-death and critical illness benefits. It acknowledges the growing awareness and understanding of the importance of achieving mental well-being. As part of the campaign, Income spoke to individuals in Singapore who had “major depression” and uncovered a common theme that the only time that mental health could be openly acknowledged was after the loss of a loved one.

In turn, this triggered the central thought behind the campaign which is to not neglect mental illness that can be triggered by the loss of a loved. The commercial was a hard-hitting one, showcasing a father who had lost his son. It broached sensitivities surrounding mental illnesses with the father picking up the phone to get help – conveying a message that mental conditions can occur to anyone, and support is available.

Income’s PA Assurance is a product crafted for today’s generation of millennials and Gen Z who pursue an active lifestyle, with its coverage of sports related injuries. The campaign for this product focused on this specific benefit, with the theme of “Turning your setbacks into comebacks”. Centred around the theme of resilience, the campaign was headlined by Singapore National Sprinter and SEA Games Gold Medallist, Shanti Pereira, with inspiring footage of her overcoming injuries to continue competing and pursing her career as a professional athlete.

The third was the “Real Care” campaign, which highlights how Income puts “people first” in action through tangible acts of “real care” in a time when care can increasingly be a text message or an emoji. The commercial featured Income’s acts of “Real Care” through initiatives such as Orange Force, a road-side assistance service for motor insurance customers, Silver Protect, a term life insurance which covers seniors up to 84 years old for cancer as well as the continuous acts of Income’s advisors “showing up” when customers really need it.

Income’s says its commitment to “putting people first” has been at the cornerstone of its existence since 1970. From being formed to make insurance accessible to all Singaporeans to recent times, where Income provided Covid support schemes that benefited more than 50,000 customers, its values are reflected in the brand’s behaviour. This translates into social impact, with Income observing the highest brand association amongst other insurers, tied to empowering those in need by way of products and initiatives, as revealed in the latest Social Impact survey. On the business front, Income says it has the highest market share in general insurance and continues to grow the company’s base of more than one million customers.

KV- Real Care Campaign
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Published February 2023

Income says being “People First” doesn’t just stop at the company’s marketing efforts. It is an organisation-wide commitment, signalled with the recent change in the Chief Marketing Officer’s (CMO) title to Chief Customer Officer (CCO). The change is an acknowledgment of the CMO’s broadened remit which encompasses marketing but also expands to customer centricity, which now includes customer data ownership and customer experience.

Dhiren Amin, whose title has expanded from CMO to Chief Customer Officer, Income, said: “Purpose and product benefits are sometimes at odds in marketing but we are glad to be able to marry both in speaking to people’s needs. Income has always placed people at the forefront, from our value-friendly products and services that put people first, to our mission of having their best interests at heart – fulfilling their financial needs, making insurance simple and championing causes that matter to them.

This vision of “people first” is what makes Income socially relevant and financially successful. It allows the brand to differentiate itself, while allowing it to tangibly address important social issues, utilising creative storytelling to evoke emotions and inspire action. It is our reason to exist and our reason to succeed, which is a good place to be.” he added

The ‘Real Care’ campaign was crafted in partnership with BBH Singapore, while the other two campaigns were in collaboration with The Gap People. The campaigns covered all major touchpoints, from outdoor, owned and digital media channels including Starhub EPL, and Golden Village.

As part of the ‘Real Care’ campaign, a thought-provoking manifesto was written to spark conversations and released in mainstream dailies, in addition to being displayed at more than 600 digital screens at blocks of flats (known as HDB), as well as on 170 screens across 12 SingHealth institutions and six polyclinics to reach out to people from all walks of life.

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