Dr Roy Yap, Head of the School for Business and Law at the London School of Business and Finance (LSBF) Singapore, recently appeared on Channel 8 News to discuss the evolving landscape of electric vehicle (EV) insurance. The segment, aired on 3 June 2025, highlighted the complexities of risk profiling, consumer protection, and insurers’ responsibilities in the context of a green economy.
The rise of EVs in Singapore is prompting a re-evaluation of traditional insurance models. Dr Yap emphasised that the shift towards EVs necessitates new considerations in risk assessment, policy coverage, and regulatory safeguards. He urged stakeholders to rethink legacy systems to accommodate technological advancements. “The rise of EVs in Singapore is not just about infrastructure or adoption. It raises important questions about how we insure, regulate, and protect consumers in a fast-changing landscape,” Dr Yap stated.
LSBF Singapore, a member of the Global University System, has been recognised for its forward-thinking approach to education. With over 25,000 students across more than 40 countries, LSBF offers a wide range of programmes in business, finance, law, hospitality, and technology. The institution’s commitment to industry-aligned education has earned it the Singapore Business Review’s International Business Award in Education for two consecutive years, 2024 and 2025.
As the dialogue on EV insurance continues, LSBF Singapore’s contributions underscore the importance of adapting to the evolving needs of the green economy. This engagement not only highlights the institution’s role in shaping future-ready professionals but also its influence in national discussions on sustainable innovation.
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