Monday, June 1, 2020

John Tsang, Bowtie senior advisor and ex-financial secretary handing out sweeteners to Hong Kong citizens

John Tsang, Senior Advisor of Bowtie, the virtual insurer, met the Hong Kong citizen today at Whampoa Garden. A total of 6,000 lollipops each with $6000 BowtieCash promo code were handed out to citizens, by borrowing its homophonic, it implies that Hong Kong people can receive “true protection” even if they failed to benefit from the government’s $4000 cash handout this year. Following his appearance in the video of Bowtie imitating the role of Andy Lau in the movie “Golden Chicken 2”, Bowtie appeals Hong Kong people to make provision for themselves and emphasizes that they all deserve the purest and truest protection.

“We can see that Hong Kong public healthcare services have long been overburdened. Many of us reluctantly suffered from lengthy waiting times at public hospitals when getting sick or injured as they failed to choose insurance products which truly fits and benefits them. I believe that private medical services belong to all Hong Kong people. Thus, to provide Hong Kong people with timely medical treatment and relieve pressure on the public healthcare system, we initiated this candy giveaway campaign with the aim to raise citizen’s awareness towards VHIS, as well as their understanding towards pure protection insurance.” said John Tsang.

“In order to increase the transparency of the Hong Kong insurance industry, Bowtie created simpler products providing more choices to Hong Kongers. Back at the time when I was the financial secretary in 2008/09, I have earmarked funds to improve medical services in the financial budget plan and it is a pity that the healthcare reform couldn’t be taken. By merging technology and industry expertise, I believe Bowtie can enhance the transparency and convenience of insurance processes and rekindle basic medical protection to every one of us, at the same time offering them higher level of autonomy and flexibility while choosing medical insurance products.”

“Mr Tsang and Bowtie share the same vision that Hong Kong people deserves a much more comprehensive medical protection. As a ‘Made-in Hong Kong’ insurance company, Bowtie takes Hong Kong people’s actual needs as the priority. In view of this, we leverage data of hospital fees and insurance claims while designing products and enhance coverage of commonly used benefit items. Although Hong Kong’s private healthcare system is rich in resources, most of us find it unaffordable. By harnessing the latest technology and reducing operating costs, we created ‘High Protection, Low Cost’ medical protection products to unlock private medical services for Hong Kong people.” said Fred Ngan, Co-founder and Co-CEO, Bowtie.

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