Press release

FWD Life Insurance launches the Philippines’s first insurance plan for gamers

12 October 2023, Manila, Philippines – The Philippines is one of the fastest-growing markets for gaming, with over 43 million gamers active online. According to a 2021 YCP Solidiance study, this number has grown steadily at 13% per year, making the country one of the most active markets in Southeast Asia.

October 12, 2023

The Filipino workforce dominates the Philippine esports community, with Gen Zs and millennials aged 25-34 making up the majority of gamers. There’s also a significant number of gamers aged 55 and above. Esports in the country has become so popular, with games like Mobile Legends: Bang Bang (MLBB) leading the category with over 5.4 million daily users as of August 2023.

However, with the growing popularity of gaming, there is also an increase in health-related concerns. Repetitive stress injuries, poor sleeping patterns, and even chronic mental problems are just some of the health issues that come with the gamer’s lifestyle.

Your Expert Wingman: FWD The One for gamers

Now in its 12th season, Mobile Legends: Bang Bang Professional League - Philippines (MPL-PH) is one of the most prestigious and most anticipated gaming tournaments, where teams compete for a chance to go against international representatives in the MLBB Southeast Asia Cup (MSC) and M World Series.

As the official insurer of MPL-PH season 12, FWD Life Insurance (FWD Philippines) supports the passion of players to turn challenges into victories and offers a new and exclusive policy: The One for gamers.

Like how most gamers would avail items for their heroes as part of their strategy to win the game, FWD The One for gamers is a fully customizable insurance plan that can help customers tackle life’s challenges and turn them into victories. It is also exclusive for this season of MPL-PH.

“As the insurer of the next generation, we’re committed to supporting the passions of young Filipinos, including the esports and gaming community,” says Roche Vandenberghe, FWD Philippines Chief Marketing and Digital Business Officer. “Gamers recognize the importance of having great support, and this is the role we’re taking in real life — we act as the expert wingman who has your back, enabling you to focus on transforming any challenge into a triumph.”

FWD The One for gamers offers flexible coverage for your life adventure for whatever stage you’re in. In just a matter of minutes, you can easily avail of the policy at the FWD Online Shop with no medical exams required. The policy also provides exclusive Mobile Legends: Bang Bang in-game rewards that help players get better gameplay, when received within 20 days after purchase of The One.

Starting at PhP330 for a year of coverage, gamers can build their plan by adding critical illness benefit, accidental death coverage, or even both. You can also enjoy the unique benefit of no premium increase after every five years if you continually renew your plan on time.

Celebrate your victories with The One for gamers, from FWD, your expert wingman! For more information about the policy and how to avail it, please visit fwd.com.ph/life-protection/the-one-for-gamers/


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About FWD Life Philippines 

FWD Life Insurance Corporation (FWD Life Philippines) launched its commercial operations in September 2014. As of end-2022, FWD Life Philippines ranks 3rd and 6th in terms of Paid-up Capital1 and New Business Annual Premium Equivalent2, respectively.

FWD Group is a pan-Asian life insurance business with more than 11 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. FWD reached its 10th anniversary in 2023. The company is focused on making the insurance journey simpler, faster, and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD is committed to changing the way people feel about insurance.

For more information, please visit fwd.com.ph.

1 www.insurance.gov.ph > Data > Statistics > Life Insurance Companies > 2022 > Based on Paid-Up Capital
2 www.insurance.gov.ph > Data > Statistics > Life Insurance Companies > 2022 > Based on New Business Annual Premium Equivalent


 

About MOONTON Games

Established in 2014, MOONTON is a global video game company dedicated to gaming development, publication and esports. With more than 1500 employees worldwide, the company operates offices in Indonesia, Malaysia, Singapore, Philippines, Latin America, Hong Kong and mainland China. It has successfully launched a number of high-profile mobile games globally and has built long-term relationships with governments and esports organizations in more than 30 countries around the world. Mobile Legends: Bang Bang is its current star game and the leading mobile multiplayer online battle arena(MOBA)game worldwide.

About Mobile Legends Esports

Established in 2017, Mobile Legends: Bang Bang Esports serves as a platform for players to pursue their dreams of becoming esports athletes and illuminate opportunities within the international esports ecosystem. MLBB Esports has since expanded to multiple leagues, including the MPL series hosted in Southeast Asia, Middle East and Latin America.