The Board of Directors of FWD Life Insurance (FWD Philippines) visited the insurer’s Cebu business hub to meet its growing team in the Queen City of the South. Chaired by former Ambassador to the USA Jose L. Cuisia Jr., the Directors held their quarterly board meeting in Cebu during the visit.
“We are delighted to have met our Cebu-based sales teams as well as our valued partners from Security Bank and witnessed first-hand their enthusiasm and vigor as we collectively work toward FWD becoming a leading insurer in the country,” said FWD Philippines Board Chairman Jose L. Cuisia Jr.“We are inspired to be growing our presence in Cebu and protecting the financial futures of more and more Filipino families across the country.”
FWD Philippines President and Chief Executive Officer Peter Grimes added, “Cebu has always been a focus for our geographic growth in the country. We want to let our customers in VisMin know that FWD will continue to provide best-in-class products and customer experience as we achieve our vision of changing the way Filipinos feel about insurance.”
FWD Philippines has two business hubs in Cebu: one in Cebu IT Park and another one in Cebu Business Park.
FWD Philippines launched its commercial operations in September 2014. As of end-2018, it has the highest paid-up capital among life insurers in the Philippines with P2.3 billion and now ranks 8th in the life insurance industry in terms of New Business Annual Premium Equivalent.
FWD Group spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, Japan, and Malaysia, offering life and medical insurance, general insurance, employee benefits, Shariah, and Family Takaful products across a number of its markets.
Established in Asia in 2013, FWD is the insurance business arm of investment group, Pacific Century Group. In the Philippines, FWD has 14 business hubs located in key cities nationwide with its headquarters in Bonifacio Global City in Taguig.