The last few years have been a huge challenge for the non-life insurance sector in the Philippines. Fortunately, Standard Insurance has been leading the recovery with innovations and improvements designed to help its clients navigate whatever life throws their way

Family is the foundation of social life in the Philippines and a high priority among Filipinos. Ask any parent if they have invested or saved for their children’s future and the answer is almost always a resounding yes. However, the same cannot be said when asked about how they are preparing for their own eventual retirement

Patricia Chilip explains how Standard is supporting the Philippine community through its tireless service and strong advocacies

‘You just want to be able to sleep at night, knowing that someone’s got your back,’ says CEO Patricia Chilip

Following the pandemic, BPI AIA has played a governing role in bringing financial literacy to Filipinos as well as innovative new products to provide them with certainty and confidence now and in the future

The pandemic had a catastrophic effect on those in the Philippines, but while still reeling from the effects of the global health crisis, the country was hit by Typhoon Odette at the end of 2021. Standard Insurance has served as a beacon and a lifeline to a recovering community

Across many sectors the pandemic has acted as a catalyst for the adoption of digital channels, and in the Philippines, BDO Trust was able to do this while also advocating for financial wellness, inclusion and literacy to encourage a nation of savers to become investors

In a year beset by so much hardship and tragedy, it has, for many, been difficult to see a silver lining, but Standard Insurance has continued to promote care for its customers and to go above and beyond to make a difference as a company

As BPI-Philam becomes ‘BPI AIA’, it signals change on the horizon with upcoming innovations that aim to transform the insurance industry in the Philippines and ensure that insurance is accessible and easy for every Filipino

Where some see challenges others will see opportunities and that is exactly what happened within the Philippine non-life insurance industry during 2020

After its main island of Luzon was placed in quarantine, the Philippines became the first major country in the world to shut its financial markets in response to the spread of COVID-19

The growth of the Philippine insurance market has coincided with the industry’s increased adoption of technology. It’s also the result of the customer-centric approach taken by providers like BPI-Philam Life Assurance

The Philippines has been experiencing impressive growth over the past few years, but not all citizens are feeling the benefits. Improving financial inclusion and investor education in the country is vital to ensuring the economy works for everyone

President and CEO John B Echauz explains how tech is transforming the insurance industry for providers, large and small

The Philippines insurance industry has continued to expand, but new tax laws and increased competition continue to put pressure on established industry players. In this milieu, Standard Insurance is still prospering through its innovate and customer-centric approach