Entrepreneurs in the Philippines will soon gain a new platform for growth with the launch of GCash Pro, an all-in-one business portal that provides merchants greater value, more choices, and increased flexibility to manage their business finances. GCash launches new ‘GCash Pro’ to provide all-in-one digital business portal for MSMEs Providing a platform to support […]
Read MoreBancassurance is a partnership between a bank and an insurer for the latter to sell their insurance products to the former’s customer base. If everything goes according to plan, this kind of arrangement can yield significant revenue potential for both parties. Through a robust bancassurance program, banks will be able to diversify their operation, and […]
Read MoreBancassurance leader BPI-Philam once again emerged as the country’s top bancassurance firm in terms of premium income, retaining the spot for the eighth consecutive year according to the Insurance Commission (IC). In the recently released statement, the IC announced the 2020 rankings, where BPI-Philam gained recognition with a total premium income of ₱16.30 billion. It […]
Read MoreDid you know that existing insurance penetration in the Philippines is less than 2%? This means that if unforeseen life events arise like catching or dying of the Coronavirus disease (COVID-19), Filipinos and the families they left behind will have to find ways and means to pay hospital bills or settle debts. If you have […]
Read MoreThe Insurance Commission recently released a circular approving alternative face to face selling, providing guidelines that empower insurance companies to continue operations, and uplift consumer confidence in the industry during the current enhanced community quarantine (ECQ) period. Provisions for digital insurance sales have been put in place, giving customers access to insurance products at this […]
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