Press release
Press release and announcements
Intellicare handpicks Pan-Asian insurer FWD Life Insurance as group insurance provider
22 June 2018, Manila, Philippines – Leading health management organization (HMO) Intellicare has recently signed up with Pan-Asian insurer FWD Life Insurance to provide insurance coverage to its growing client base through FWD Corporate Care.
June 21, 2018
FWD Life Philippines
22 June 2018, Manila, Philippines – Leading health management organization (HMO) Intellicare has recently signed up with Pan-Asian insurer FWD Life Insurance to provide insurance coverage to its growing client base through FWD Corporate Care.
Intellicare clients all over the Philippines will be given the option to fortify their insurance protection and choose to add group life insurance to be provided by FWD Corporate Care on top of their HMO benefits. Intellicare’s network includes an affiliated pool of over 43,500 affiliated physicians and specialists manning more than 2,600 hospitals, clinics, and diagnostic centers throughout the country.
“FWD Life and Intellicare share the same passion for empowering people to live healthier, fuller lives,” FWD Life Insurance Philippines President and Chief Executive Officer Peter Grimes said. “Intellicare is one of the country’s premier HMO companies and we are delighted to provide insurance protection to more than a million Filipinos through this partnership. With FWD Corporate Care, they can do more today and fear less about the future.”
“It is with great pleasure to have FWD Life deliver the insurance needs of our loyal members. I’m confident that with FWD, our members can begin to live the best times of their lives without worries,” said Intellicare Group Chairman Mario Silos.
The contract signing ceremony was held on June 21, 2018 at The Peninsula Manila in Makati City. Shown in the photo are: (from left to right) Erwin Go (Vice President and Head of Corporate Care, FWD Life Insurance Philippines), John Johnson (Chief Distribution Officer, FWD Life Insurance Philippines), Peter Grimes (President and Chief Executive Officer, FWD Life Insurance Philippines), Jeremy Matti (President, Asalus Corporation), and Mark Gamir (President, Avega Managed Care, Inc.).
Intellicare clients all over the Philippines will be given the option to fortify their insurance protection and choose to add group life insurance to be provided by FWD Corporate Care on top of their HMO benefits. Intellicare’s network includes an affiliated pool of over 43,500 affiliated physicians and specialists manning more than 2,600 hospitals, clinics, and diagnostic centers throughout the country.
“FWD Life and Intellicare share the same passion for empowering people to live healthier, fuller lives,” FWD Life Insurance Philippines President and Chief Executive Officer Peter Grimes said. “Intellicare is one of the country’s premier HMO companies and we are delighted to provide insurance protection to more than a million Filipinos through this partnership. With FWD Corporate Care, they can do more today and fear less about the future.”
“It is with great pleasure to have FWD Life deliver the insurance needs of our loyal members. I’m confident that with FWD, our members can begin to live the best times of their lives without worries,” said Intellicare Group Chairman Mario Silos.
The contract signing ceremony was held on June 21, 2018 at The Peninsula Manila in Makati City. Shown in the photo are: (from left to right) Erwin Go (Vice President and Head of Corporate Care, FWD Life Insurance Philippines), John Johnson (Chief Distribution Officer, FWD Life Insurance Philippines), Peter Grimes (President and Chief Executive Officer, FWD Life Insurance Philippines), Jeremy Matti (President, Asalus Corporation), and Mark Gamir (President, Avega Managed Care, Inc.).
About FWD Philippines
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. By March 2017, FWD Life is the highest-capitalized life insurer in the Philippines with PhP 2.3 billion in paid-up capitalization.1 Based on premium income data published by the Insurance Commission2, FWD Life now ranks 10th in the insurance industry in terms of weighted new business premiums.3 FWD Group spans Hong Kong & Macau, Thailand, Indonesia, the Philippines, Singapore, Vietnam, and Japan, 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. In the Philippines, FWD has nine 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 > 2017 > Based on Paid-Up Capital
2 www.insurance.gov.ph > Statistics > 2017 > Based on Premium Income
3 Weighted New Business Premium Income: 100% of first-year premium on regular-pay plans + 10% of single-pay premiums
Media Inquiries:
FWD Life Insurance Corporation
Rochelle R. Vandenberghe
Head of Marketing
FWD Life Philippines
(E) rochelle.vandenberghe@fwd.com
(T) +63 2 5587306
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