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Friday, March 29, 2024

AIA Philippines bullish on insurance prospects

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Insurance provider AIA Philippines continued to deliver on its mission as it stays focused on its objective of saving lives, fulfilling dreams, securing the futures of countless Filipinos.

Among the accomplishments disclosed for 2022 are those related to the launch and acquisition of its subsidiaries, AIA Investment Management and Trust Corporation Philippines (and MediCard Philippines, key pieces that will be instrumental in establishing AIA Philippines as the leading brand for Filipinos’ protection, long-term savings and healthcare needs.

“2022 was a big year for AIA Philippines, as we continued to take on major initiatives, ensuring that we are well-positioned to capture the opportunities ahead. At the same time, we are happy to have kept the course in terms of our save lives commitment, where we achieved almost 90 percent of our target number of Filipinos with insurance protection, with over 90 percent achievement of our sum assured targets,” said AIA Philippines chief executive Kelvin Ang.

Newly-appointed MediCard Philippines chief executive Julian Mengual expressed excitement to take the health maintenance organization to even greater heights in collaboration with AIA Philippines. The AIA Philippines and MediCard Philippines collaboration will drive business results for both companies by offering a complete suite of innovative products across distribution channels. With the combined strength of the two companies, customers can expect improved service levels, supported by technology, digital and analytics, with better health outcomes.

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