FWD Insurance reaches out to those in need amidst COVID-19

Insurer donates more than Php 2 million to partner organizations through its Community Care projects. 11 June 2020, Manila, Philippines – FWD Life Insurance Corporation (FWD Insurance), part of pan-Asian FWD Group, has launched three corporate social responsibility (CSR) initiatives designed to empower those in need. These projects aim to help healthcare frontliners, farmers and informal workers affected by the COVID-19 pandemic, as well as cancer patients.

“We are living in extraordinary times and at FWD, we’d like to step up for our brothers and sisters in need,” said Li Hao Zhuang, FWD Insurance President and Chief Executive Officer. “The spirit of bayanihan is alive amidst the evolving COVID-19 situation and we are inspired to care and be of service by supporting our partner organizations and reaching out to communities in need.” 

Protecting healthcare frontline workers of St. Luke’s Medical Center 

In April 2020, as the COVID-19 pandemic grew, FWD Insurance launched its charity drive to aid healthcare frontline workers of St. Luke’s Medical Center Foundation (SLMFC). Through this project that raised a total of Php 1,000,000, every eligible FWD protection product bought in April generated a donation to the SLMCF to aid in its continuing need for personal protective equipment (PPEs). 

“We sincerely thank FWD for their contribution that would greatly help our medical personnel in the fight against COVID-19. The funds generated will go a long way in safeguarding our healthcare workers who are in the frontlines in protecting our patients who are being treated for COVID-19,” said Olivia Yao, St. Luke's Medical Center’s Vice President for Resource Development Group. 


Caring for farmers and displaced informal workers 

Also in April 2020, FWD Insurance reached out to farmers and informal workers displaced by the Enhanced Community Quarantine (ECQ). FWD employees held a fundraising drive for farmers and informal workers, two of the most vulnerable sectors during the ECQ, to cushion the economic burden caused by the COVID-19 crisis. The generated funds were used to purchase produce from farmers in Cordillera and provided to families of displaced informal workers in Metro Manila as relief packs. 

In collaboration with AC Infrastructure Holdings Corporation (AC Infra) and its partner charity, relief packs were also given to families residing along the FWD - Muntinlupa-Cavite Expressway (MCX). In December 2019, FWD and AC Infra, fully-owned subsidiaryof the Ayala Corporation (AC), announced their Expressway Sponsorship Program that unveiled the newly renamed FWD-MCX. 


Supporting cancer awareness programs of the Philippine Cancer Society 

In February and March 2020, FWD Insurance launched its charity drive for the benefit of the Philippine Cancer Society (PCS) and its various cancer research and awareness programs. For this cause, FWD Insurance raised a total donation of Php 1,214,000 from all eligible protection products sold during the program period. 

“It is an even greater challenge coping with cancer during the pandemic. Through FWD’s generosity, the Philippine Cancer Society will be able to give some of our underprivileged countrymen a fighting chance against cancer and support our other ongoing research and awareness programs too. Our heartfelt appreciation goes to FWD, as well as its advisors and customers, for their donation,” said Dr. Rachael Rosario, Executive Director of PCS. 

“FWD Insurance remains committed to caring for our community and being resilient in this time of great need. We believe that with bayanihan and malasakit, we will get through this pandemic stronger than ever,” added Li Hao. 



FWD Insurance reaches out to those in need amidst COVID-19

About FWD Philippines

FWD Life Insurance Corporation (FWD Life) launched its commercial operations in September 2014. As of end-2018, FWD Life has the highest Paid-Up Capital among life insurers in the Philippines with PhP 2.3 billion.1 FWD Life now ranks 8th in the life insurance industry in terms of New Business Annual Premium Equivalent.2  

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 17 business hubs located in key cities nationwide with its headquarters in Bonifacio Global City in Taguig.  

FWD is focused on creating fresh customer experiences, with easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD aims to become a leading pan-Asian insurer that changes the way people feel about insurance.

For more information please visit fwd.com.ph.  
1 www.insurance.gov.ph > Statistics > 2018 > Based on Paid-Up Capital
2 www.insurance.gov.ph > Statistics > 2018 > Based on New Business Annual Premium Equivalent


Media Inquiries: 

FWD Life Insurance Corporation
Rochelle R. Vandenberghe
Head of Marketing
FWD Life Philippines
(
E) rochelle.vandenberghe@fwd.com
(T) +63 2 85587306