FWD Life Insurance (FWD Philippines) and Security Bank Corporation have extended their strategic partnership to bolster financial innovation and inclusion for the next generation of Filipinos.
FWD and Security Bank’s successful partnership is rooted from their shared goals of nation-building by leveraging digital technology for exceptional customer experiences and driving sustainable financial solutions.
In less than ten years, the partnership was recognized as the fastest growing bancassurance collaboration in the SEA region. Data-driven strategies rolled-out in 2021contributed to propelling FWD Philippines from the sixth spot in 2022 to a strong third place ranking according to the Insurance Commission’s (IC).
“After a decade of trust, shared values, and mutual commitment to empower Filipinos to achieve their financial aspirations, we are continuing our partnership with Security Bank and remain dedicated to delivering accessible consumer-focused products. We will push reshaping the industry by changing the way people feel about insurance,” Binayak Dutta, FWD Group Managing Director, said.
Security Bank is one of the Philippines’ leading universal banks serving a diverse group of clients with 334 branches nationwide.
“Our partnership with FWD Life Insurance has always gone beyond business. It is a bond rooted in our shared vision of empowering Filipinos with the tools and protection to lead worry-free, fulfilling lives. Together, we have not only introduced innovations but also touched lives—helping families build a stronger future for themselves and the generations to come,” Sanjiv Vohra, Security Bank’s President and CEO, said.
Jumbing De Rosas, FWD Philippines President & CEO also underlined both companies’ shared commitment to nation-building and empowering the next generation to achieve financial independence while helping them build their best future.
