Press release

FWD Philippines jumps to second place in the 2023 MDRT Top 10 Companies in the Philippines rankings

Manila, Philippines, 7 August 2023 – FWD Life Insurance (FWD Philippines) secures the number two spot in the Million Dollar Round Table (MDRT) Top 10 Companies in the Philippines for 2023, one rank higher than the previous year.

August 08, 2023

Meanwhile, FWD Group Holdings Limited (FWD Group) ranked number six in the MDRT Top 10 Multinational Companies[1], retaining its position from last year.

The MDRT is a global independent association recognized as the standard of excellence in the life insurance and financial services industries. The association requires members serve clients by exemplary performance and the highest standards of ethics, knowledge, service, and productivity.

FWD Philippines President and CEO Manuel “Jumbing” De Rosas shares that he is proud of this achievement for FWD as it continues to help more Filipinos celebrate living.

“Bridging the financial and protection gap in the Philippines remains a key focus for us and underscores our vision of changing the way people feel about insurance. Having one of the highest MDRT memberships in the industry is a testament of our efforts in providing best-in-class customer experience and nurturing the next-generation of financial advisors,” says Jumbing. “We hope that our industry-leading and digital-enabled training and compelling career opportunities will lead to more agents achieving their best future.”

FWD Philippines Chief Agency Officer Adnelle Valeza also states that this recognition can help the company strengthen customer trust and loyalty. Adnelle adds, “Ultimately, this spells a more enticing perspective for both our customers and clients because it provides better credibility for FWD not just in the local industry, but also in the regional rankings. This motivates us to further develop our training programs to provide exciting career opportunities that are intrinsically and financially rewarding. We want to expand our network of financial advisors so we can reach more Filipinos to help them be financially secure and empower them to celebrate living.”

Attaining MDRT qualification by meeting the required high level of premiums, commissions or income during the year can be a long and difficult process for many life insurance and financial services professionals during their careers. For this reason, FWD Philippines have put in place training programs to assist our agents in their progression to MDRT qualification, including the MDRT Elite Learning Series, a quarterly learning session that captures the whole person concept – a core tenet of the MDRT culture.

FWD Philippines and FWD Group continues its trailblazing streak both within local and international industry rankings. Through this recognition, FWD moves forward with its mission to help more people celebrate living and help them build their best future.


About FWD Philippines 

FWD Life Insurance Corporation (FWD Philippines) launched its commercial operations in September 2014. As of end-2022, FWD 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 10 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. FWD reached its 10-year 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.

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