Pioneer Insurance is reshaping how insurance works for underserved Filipinos by focusing on accessibility, trust, compassion, and efficient claims settlement. Speaking at two separate occasions, Lorenzo Chan Jr., Group Head of the Pioneer Group of Companies, shared Pioneer 's secrets to...
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...
Government Service Insurance System (GSIS) President and General Manager Arnulfo “Wick” Veloso defended the state-run insurer’s financial performance following an internal call rallying the recently returned chief to submit an immediate and irrevocable resignation. This comes as Veloso...
The Government Service Insurance System (GSIS) received an overwhelming response from government employees on the first day of the Digital Ginhawa Loan launch on Oct. 10, with 21,418 applications totaling ₱1.258 billion filed through the GSIS Touch mobile app. As of press time, 9,461 applications...
Government workers who need a new computer, tablet, or cellphone for work or study can now apply for a GSIS Digital Ginhawa Loan, a new gadget loan from the Government Service Insurance System (GSIS) starting October 10. The program allows qualified members to borrow up to ₱60,000, payable in...
Planning your next trip? Whether you’re exploring the cultures of Japan or lounging on tropical beaches of Vietnam, travel insurance is your safety net for the unexpected. With so many options, how do you choose the best policy? This guide highlights the top tips for selecting travel insurance,...
State insurers Social Security System (SSS) and Government Service Insurance System (GSIS) have offered over ₱10 billion in calamity loans to extend financial aid to members in disaster-hit areas. This follows Department of Finance (DOF) Secretary Ralph G. Recto’s order to government financial...
Stronghold Insurance Co. Inc. has refuted what it called “misleading and unfounded public statements,” defending the company’s integrity and clarifying the roles of its board of directors and its function in the issuance of surety bonds. In a statement, Stronghold addressed reports concerning...
Government Service Insurance System (GSIS) said its investments in DigiPlus Interactive Corp. have so far generated a total of ₱139 million in dividends since it injected ₱1 billion worth of funds into the gaming firm in 2023. “We already made ₱139 million from that [investment],” Jose...
Unutilized Philippine Health Insurance Corp. (PhilHealth) funds will now be rechanneled to greater universal healthcare (UHC) access, a move welcomed by the Department of Finance (DOF). In a statement on Saturday, Sept. 20, the DOF commended President Ferdinand R. Marcos Jr. for ordering the return...
Leading online gaming firm DigiPlus Interactive Corp. has tapped sister company Philippine First Insurance Co. Inc. (PhilFirst) to introduce the Philippines’ first-ever surety bond program for online gaming players. In a disclosure to the Philippine Stock Exchange (PSE), DigiPlus said the...
FWD Life Insurance Corp. (FWD Philippines) plans to simplify policy contracts and introduce new traditional products next year, as it looks to solidify its standing in the country’s fast-growing but still underpenetrated insurance market. “We want to make insurance easy to understand. Today,...
