EastWest Ageas’ Hybrid Work Program Wins at the 2025 HR Excellence Awards

👏 Another milestone for EastWest Ageas! 💜

The fast-rising insurer has just earned a Bronze award at the 2025 HR Excellence Awards Philippines under the Addressing Urban Workforce Challenges category, its second consecutive win after last year’s recognition in Learning and Development.

Through its Hybrid Workplace Program, EastWest Ageas continues to show that listening to employees and adapting to their needs leads to a thriving workplace culture. From flexible work setups to enhanced office spaces, the company is building an environment where people can grow both professionally and personally. 

GCash unlocks affordable and accessible insurance for over 14 million Filipinos with GInsure

Insurance has long been considered a necessity to building financial resilience. However, for many Filipinos, its perceived costs often make it feel like a luxury only a few can afford. With daily needs considered a larger household priority, protection from future risks like illnesses or scams are often sidelined to save on expenses.

More Young Professionals Are Saying Yes to Life Insurance — And It All Starts with Just Three Questions

For young professionals starting to get serious about their future, the questions start piling up. Budgeting? Sure. Saving? Trying. Investing? Sounds intimidating, but it’s on the list. Life insurance? That still feels like a “someday” thing.

Until you read this: “Only 3 questions to get started with Sure Start by EastWest Ageas.”

EastWest Ageas Insurance Strengthens Presence in Luzon with Three Successful Agency House Openings

EastWest Ageas Insurance is starting the year with bold moves and a bigger mission. With exciting developments unfolding across Luzon, the company is doubling down on its commitment to empower more Filipinos. Discover how its latest efforts are bringing protection and purpose closer to home.

EastWest Encourages Pet Owners to "Save and Pawtect" This Summer

Keep your furry friends safe and secure this summer with EastWest Bank's Save and Pawtect program! Get to know how you can protect your pet's health and your financial stability with comprehensive pet insurance when you open an EastWest Savings Account

Bayad and Sun Life Grepa make insurance services more accessible for Filipinos

Bayad, the pioneer brand in the outsourced payment collection system in the Philippines, officially seals its partnership with Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major life insurance company in the Philippines.

CHAMPIONING DIGITAL FINANCIAL INCLUSION: Bayad Marketing and Account Officers (standing, 2nd to 6th from left) with Sun Life Grepa Affinity Marketing Sales Head for Partnership Distribution Marge Estrera (standing, leftmost) are present with (seated left to right) Sun Life Grepa Vice President for Affinity Marketing Joen Songco, Sun Life Grepa President Richard Lim, Bayad President and CEO Lawrence Y. Ferrer, and Bayad Chief Commercial and Marketing Officer Dennis S. Gatuslao.

As Bayad beefs up its partnership with Sun Life Grepa, its mobile application - Bayad App will now be able to directly make available a variety of insurance plans to its subscribers, apart from enabling the acceptance of monthly payments for insurance premiums.

Bayad President and CEO Lawrence Y. Ferrer shared, “Our sole purpose at Bayad has always been centered on elevating the quality of living of Filipinos, and a huge part of our role is to help our kababayans safeguard the most valuable things in life, their physical and financial wellbeing.  With this, we continue to maximize our digital payment offerings by partnering with forward-thinking financial institutions like Sun Life Grepa. Now more than ever, we recognize the increasing need for security in cases of death, unforeseen accidents, hospitalization costs from illnesses, and retirement financial plans. We are one with Sun Life Grepa in enabling worry-free insurance payment solutions.”

“At Sun Life Grepa, we have always been committed to making life brighter for Filipinos through offering life insurance products that empower individuals and families to secure their future.“ said Sun Life Grepa President Richard Lim. This partnership with Bayad aligns perfectly with that direction. Its extensive network and expertise in payment solutions make them a remarkable partner to help us reach more Filipinos. We have the highest confidence that we will be able to offer an outstanding client experience but also reinforce our commitment to financial inclusion and security.”

Visit www.sunlifegrepa.com to learn more about Sun Life Grepa products and services.

For fintech institutions like Sun Life Grepa Financial that are interested to be part of Bayad’s extensive biller network, you may send an email to partnerships@bayad.com. Bayad enables partners to attain nationwide presence and provides end-to-end support services for efficient payment and collection processing.

FPG Insurance Launches New Insurance Products for Bikers and Cyclists

FPG Insurance is rolling out two new group insurance plans that provide coverage to users of bicycles and motorcycles.

 

The plans, named MyCyclingClub Mate for cyclists and MyMotoClub Mate for bikers, were designed primarily to promote road safety awareness. As insurance instruments, both plans cover accidental death, permanent disability, medical reimbursement and third-party liability, among other benefits, after an accident when using a motorcycle or bicycle.

Sensible Innovation  

 

FPG’s new insurance plans are a timely response to the surge in the popularity of cycling and biking since the pandemic began, with more people now turning to these modes of conveyance as an alternative way to move faster from point A to point B for work, for business, for adventure and solo sojourns.   

 

Unfortunately, the rising number of bicycles and motorcycles on the road comes with higher risks of accidents. Statistically, as they grew in number so did a notable increase in road crashes involving them.  

 

The resurgence of bicycles during the pandemic has been seen in places once dominated by private cars and public transportation. As proof, 2.1 million bikes were imported into the Philippines in 2020, up 112% from 2019. 

During the same period, the Metro Manila Accident Reporting and Analysis System (MMARAS) reported that the number of bicycles involved in road accidents doubled from 2018 and 2019 to 2020. 

 

As for motorcycle and scooters, available data showed the Philippines posted the fastest growth at 32.3 percent to 867,453 units in 2021 from 655,440 units the previous year. According to the MMARAS report, the Metropolitan Manila Development Authority (MMDA) recorded a total of 26,768 motorcycles involved in road accidents in 2021 which was an increase of 1,560 from the previous year.  

 

Safe Travels 

MyCyclingClub Mate is a Group Personal Accident Insurance specifically designed for cyclists while MyMotoClub Mate is the counterpart Group Personal Accident Insurance for motorcycle riders.   

 

Each of these programs covers bodily injuries caused by an accident 24 hours a day, 365 days in a year, anywhere in the world, whether you’re at home or while travelling by land or sea or while riding as a passenger on commercial flights. It even provides for a victim of dog bites, snake bites, drowning and natural calamities.

Common provisions of the plans include: 

• Accidental Death - Pays up to the Sum insured in the event of death due to accident.  
• Disablement/Dismemberment - When injury does not result in loss of life of the Insured after the accident but results to losses of limbs, sight, ears, etc.   
• Unprovoked Murder and Assault Endorsement - Pays for death or permanent disablement sustained as a direct result of the insured being a victim of Unprovoked Murder or Assault  
• Accidental Medical Reimbursement - Pays for medical expenses incurred due to accidental bodily injury.  
• Daily Hospital Income Benefit (Due To Accident) - Pays for the daily allowance to the insured as a result of accident hospital confinement up to a maximum of 7 days  
• Fire Assistance Benefit - Pays for the loss and damages incurred to the Insured’s declared house residence or contents due to fire and lightning. 
• Personal liability plan - Pays for the insured for costs and expenses, which the insured may be obligated to pay for the damage to a property belonging to a third party because of negligence.

 

For an annual premium of Php 200, policyholders will get up to P100,000, to cover the cost of the insured’s accidental death. 

The target market is Bikers and Cyclist Associations with at least 20 members aged between 18-65 years old. The insured must declare their permanent residence address upon issuance.  

 

Ms. Sharon Navarro, FPG Insurance's Chief Underwriting Officer, said, "At FPG Insurance, we are committed to providing innovative insurance solutions that cater to the evolving needs of our customers. Our MyCyclingClub Mate and MyMotoClub Mate aim to promote road safety for cyclists and bikers who ride in groups as our latest plans offer comprehensive coverage that gives them peace of mind while they’re on the road."

June is a special month for FPG Insurance as they celebrate their 65th anniversary on June 5, with a special collaboration with Ayala for the Green Run marathon on June 25.

 

For more information about MyCyclingClub Mate and MyMotoClub Mate, visit FPG Insurance’s website at  https://www.fpgins.com.

BPI AIA maintains top insurer award, prepares for rising climate-related losses

Top-ranking insurance firm BPI AIA (formerly BPI-Philam) holds the title as the World Finance Best Life Insurance Company in the Philippines for half a decade now. In its Global Insurance Awards this year, World Finance recognized organizations that demonstrate the capability to address the changing needs of customers in a new decade that welcomed a record-high $42 billion in insured losses from natural disasters in the first six months alone.

The Best Time to Get Insurance is Now

For those starting their careers, earning income for the first time is both exciting and challenging―exciting because you can now afford to buy things you want and even provide for your loved ones, yet challenging because you now have greater financial responsibilities.

The key to parents living longer, healthier, well-planned lives

Whether through high-interest savings accounts, savings plans, and educational plans, parents invest in various tools to help them finance the needs of their children as they grow into adults.