Philippines insurance penetration remains stubbornly low despite the country’s rising financial vulnerabilities and exposure to natural catastrophes, according to an executive at Singlife Philippines. Lester Cruz, Singlife Philippines chief executive officer, said affordability, access, and...
Asia United Bank’s (AUB) e-wallet HelloMoney is targeting to grow its users to as many as 6.5 million by end-2025, riding on a new partnership with digital life insurer Singlife Philippines and a recent tie-up with the state-run Social Security System (SSS). “Last year, we had about five...
Research conducted by GCash with respondents from the middle class revealed that one of the things that worries them most is when a direct family members get a serious disease. In most cases, families will have to use up all their savings or even borrow money just to be able to pay for the medical...
GCash, the country’s leading digital financial service provider, and Singlife Philippines, mobile-first life insurer, have partnered to give away free health insurance through GInsure to over 20 million eligible Filipinos for free. “Our vision is Finance For All, and we do this by...