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Davao City, Philippines, 17 November 2016 – FWD Life Philippines, the country’s fastest-growing life insurance company today, officially opened its Davao Business Hub located at the 3/F B.I. Zone Building on JP Laurel Avenue, Davao City. With its vision to change the way people feel about insurance, FWD started operations in the country in September 2014. The new business hub, strategically located at the city’s business district and near Abreeza Mall Davao, is the company’s second office in Mindanao; its inauguration supports the company’s nationwide business expansion, having opened offices in Cagayan de Oro and Cebu in 2015 and, most recently, in Baguio.
FWD also has four (4) offices in Metro Manila. Shown in the photo taken from its “Ready, Set, Live! Davao” opening program held on November 17th at Seda Abreeza are: (L-R) KK Loo, FWD Group Vice President for Agency Development; Peter Grimes, FWD Philippines President and CEO; Jason Ang, Security Bank Senior Vice President and Branch Banking Group Region 4 Head; Rozanne Parungo, FWD Philippines Chief Human Resources Officer; Karen Jean Perez, FWD Philippines Bancassurance Regional Sales Director for VisMin; Joseph Baguio, FWD Philippines Agency Regional Sales Director for VisMin; and Karl Sanvictores, FWD Philippines Head of Agency Proposition and Business Development.
FWD Life Insurance Corporation (“FWD Life”) is the first life insurance company licensed by the Insurance Commission of the Philippines under the new Insurance Code. FWD launched its commercial operations in September 2014. After its first full year of operations in 2015, FWD Life now ranks #13 in terms of total premium income according to the Insurance Commission’s end-2015 report.1 FWD Group spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, and Vietnam, offering life and medical insurance, general insurance, and employee benefits across a number of its markets. Established in Asia in 2013, FWD is the insurance business arm of investment group, Pacific Century Group.
FWD is focused on creating fresh customer experiences, with easy-to-understand products, supported by leading digital technologies. Through this customer-led approach, FWD will achieve its vision to become the leading pan-Asian insurer that changes the way people feel about insurance.