FWD Philippines exec feted as one of the “Outstanding Leaders in Asia”

FWD Life Insurance Philippines President and Chief Executive Officer Peter Grimes was lauded as an “Outstanding Leader in Asia” by the Asia Corporate Excellence & Sustainability (ACES) Awards.

FWD Life Insurance Philippines President and Chief Executive Officer Peter Grimes was lauded as an “Outstanding Leader in Asia” by the Asia Corporate Excellence & Sustainability (ACES) Awards. At the awarding ceremonies held recently at Intercontinental Hotel, Singapore, Peter received the honor alongside five other CEOs from across Asia.

He was given the award for demonstrating sound leadership and successfully applying it to spearhead growth and prominence for FWD.

“I share this honor with all the committed and passionate FWD Philippines team, whom we call FWD warriors. This award is a testament to the progress we’ve collectively made as a fresh, innovative, and forward-looking insurance company in the country,” said Grime.

“I’d like to extend my sincere appreciation to the ACES Awards and the jury for recognizing what we hav eachieved at FWD. As we continue to work towards our vision of changing how Filipinos feel about insurance,it’s truly rewarding to be awarded as wejourney toward our vision!”

According to the official awards programme, the “Outstanding Leaders in Asia ”are honored for exhibiting the ideal blend of business acumen, professionalism, entrepreneurial caliber and astuteness. Peter, who joined from the Pan-Asian insurer’s Group Office to be charged with the Philippines’ start-up operations in 2014, has led the company to exceptional growth to become one of the country’s fastest-growing insurance companies—rising from a market ranking of #29 in 2014 to #12 by end-2016, based on total premium income.

The company’s growth story is attributed to FWD’s focus on leveraging technology, product innovation, and creating an outstanding customer experience, alongside its clear  vision to change the way people feel about insurance.

His leadership has also been instrumental in the innovative culture of the business. In 2016, FWD launched Peace Plan, the first-of-its-kind insurance plan which offers guaranteed financial  protection against acts of terrorism anywhere in the world.

FWD’s Peace Plan was recognized at the 2nd Asian Banking & Finance Insurance Asia Awards as New Insurance Product of the Year–Philippines. For two consecutive years in 2016 and 2017, FWD Philippines was also awarded as one of “Asia’s Best Employer Brands” by the Employer Branding Institute.


News Source:  Manila Bulletin