Tuesday, April 29, 2025

Sun Life marks 130th year with launch of sustainability-focused initiatives

Sun Life, the first and longest-standing life insurance company in the Philippines, is marking its 130th anniversary with a renewed commitment to empowering Filipinos to achieve lifetime financial security and live healthier lives. To commemorate this milestone, Sun Life is launching a series of impactful initiatives that aim to honor and celebrate its enduring bonds with Filipinos.

Illuminating Communities with the Circle of Light Program

At the heart of Sun Life’s 130th anniversary is Circle of Light, a program in collaboration with global organization Liter of Light, National Museum of the Philippines, and local pottery studio Odangputik Art Space. Circle of Light will bring together Sun Life’s Clients, advisors, and employees to build at least 3,500 solar lamps.

Sunday, April 27, 2025

Navigating The Future With Sun Life Grepa’s Newest Tech-Focused Financial Solutions

As technology continues to reshape industries and economies worldwide, Sun Life Grepa Financial, Inc. (Sun Life Grepa) is making it easier for Filipinos to embrace the future with SLG Global Tech Funds, the company’s latest US Dollar-denominated fund options for its Sun Grepa Power Builder Dollar 1 Variable Unit-Linked (VUL) plan. 

The SLG Global Tech Funds are designed to provide clients with easy access to the global technology sector. Coupled with the life insurance coverage from Sun Grepa Power Builder Dollar 1, this combination helps individuals and families secure their future while potentially growing their funds. There are two variants available: (1) SLG Global Tech Growth Fund, which allows funds to accumulate over time, empowering individuals to work towards long-term financial goals such as education, retirement, or wealth-building; and (2) SLG Global Tech Payout Fund, which aims to provide a steady stream of additional income with quarterly cashflow potential.  

Saturday, April 26, 2025

To Thrive, Not Just Survive: The Need to Accelerate Digital Transformation in Southeast Asia’s Insurance Industry

How Insurtechs like Igloo are driving digital transformation and expanding access to coverage 

Southeast Asia’s insurance industry is at a crossroads. Despite rapid economic growth and rising demand for financial protection, insurance penetration remains low. In fact, in many countries like the Philippines, it remains at 1.78%, while countries like Vietnam are at 2.8% and Indonesia is at 1.4%.

Sunday, April 20, 2025

Delivering on promises: Sun Life paid out over ₱6 billion in benefits in 2024

Demonstrating its unwavering commitment to being the Filipinos’ Partner for Life, Sun Life Philippines announced that it paid more than ₱6 billion in claims, maturities, and other benefits in 2024. 

With this amount, the total amount of benefits that Sun Life Philippines has paid in the past five years now exceed ₱32 billion.

“At Sun Life, we understand that our core purpose extends beyond offering policies; it’s about being there for our Clients during the most critical times,” said Benedict Sison, CEO and Country Head of Sun Life Philippines. “Our commitment to being our Clients’ partner for life is the cornerstone of our business, guiding us in every decision we make.”

Saturday, April 19, 2025

Alsons Dev Receives Distinctions from BPI, Pag-IBIG, and the City Government of Davao

Alsons Development and Investment Corporation (Alsons Dev) has been recognized by three major institutions for its significant contributions to housing development and tourism. The company received distinctions from the Bank of the Philippine Islands (BPI), the Pag-IBIG Fund Stakeholders’ Accomplishment Report (StAR) Awards, and the City Government of Davao’s PASIDUNGOG: Garbo sa Dabaw 2025 awards.

Recognized for Excellence in Housing and Community Development

Alsons Dev receives multiple awards from BPI for its strong performance in housing loan takeouts with (L–R): BPI VP and Product and Channels Division Head Noreene Cayco, Alsons Dev Director Marco Alcantara, Alsons Dev Finance Officer Jocelyn Celeste, Sr. Billing & Collection Assistant Glemaric Solmayor, Sr. Liaison Processor Aldrin Calibo, Jr. Liaison Processor Porferio Saludes Jr., BPI VP and Retail Lending and Bancassurance Group Head Dexter Lloyd Cuajotor, and BPI VP and Retail Mortgage Division Head Bernadette Ocampo.

Friday, April 18, 2025

Visa and USSC announce strategic issuing and Money Movement partnership to transform payment solutions

Launch of Visa Direct seen to be a significant milestone in enhancing outbound cross-border payment solutions for Filipinos

From left to right: USSC Money Services, Inc. (UMSI) Product Manager for Global Money Movement Jayne Famorcan; Head for Digital Development Mylene Paris; Chief Marketing Officer and Head for Corporate Affairs Dickie Soriano; and President and Chief Executive Officer Jose Xavier Gonzales; together with Visa Philippines Country Manager Jeff Navarro; Head of Clients Isidore Bada; Director for Commercial and Money Movement Solutions Abigal Aguilar; and Director and Account Executive Oliver Ornido

Sunday, April 13, 2025

Pru Life UK empowers more Muslim communities in Mindanao with its Adopt-a-Madrasah Program

Pru Life UK expands its Adopt-a-Madrasah program, empowering more Muslim communities in Mindanao, as part of its Takaful journey.  The Adopt-a-Madrasah learning modules will be rolled out in Davao, Cagayan de Oro, and Zamboanga.

In October 2024, Pru Life UK piloted its Adopt-a-Madrasah (Islamic school) program for three madaris in Davao City benefiting over 450 students and teachers with school materials. 

This year, the program aims to support 1,500 students and teachers in nine Islamic schools.

With international NGO ASSIST as its program implementing partner, the Adopt-a-Madrasah program aims to enhance capacity-building, financial literacy, climate and health awareness to foster resilient communities. The learning modules will include: