Press release and announcements

FWD Group extends INSEAD partnership for agency leaders

Manila, Philippines, 30 October 2024 – FWD Group Holdings Limited (“FWD Group” or “FWD”) announced an extended four-year partnership with INSEAD to provide world-class leadership development opportunities to its top agency leaders.

October 30, 2024
FWD Life Philippines

An industry first when it was introduced in 2019, the FWD Elite Signature program at INSEAD – one of the world's leading and largest graduate business schools– has already provided 100 FWD agency leaders with world-class professional development. The program is expected to reach another 100 agency leaders from the Philippines, Cambodia, Hong Kong SAR, Indonesia, Macau SAR, Malaysia, Thailand and Vietnam in this next phase.

“At FWD, investing in a high quality distribution network is an important part of our vision of changing the way people feel about insurance. We want to build the most customer-led, trusted, professional, productive, and digitally enabled advisory team in Asia,” said Lee Yen Ho, Group Chief Distribution & Proposition Officer at FWD Group.

“Our agency leaders greatly value the opportunity to be educated at INSEAD, one of the world’s leading business schools. It’s been truly impressive to see the personal and professional growth of our agency leaders who experience the FWD Elite Signature at INSEAD programme,” added Lee Yen Ho.

A highlight of the program is a five-day residential session at INSEAD's Fontainebleau campus in France. The on-campus training includes interactive sessions on leadership and entrepreneurship, business planning, sales management systems and processes as well as emerging developments in artificial intelligence.

After the residential program, participants will receive six months of coaching as well as ongoing access to an alumni network offering masterclasses and events.

“We are thrilled to extend our partnership with FWD for this unique leadership development program. The INSEAD experience will empower the agency leaders with knowledge, tools and skills to excel, benefiting both themselves and their clients. We look forward to witnessing the continued growth of FWD’s top talent as they navigate the dynamic landscape of the insurance industry,” said Sameer Hasija, INSEAD Dean of Executive Education and Dean of Asia Campus.

"Our partnership with INSEAD is just one of many exciting perks in our new ‘Grow Your Business Big & Fast’ model. Doing so helps our agents and agency leaders better shape the financial futures of more Filipinos while building their own business and legacies," added FWD Philippines Head of Agency, Arnolfo “Nol” de Leon.

FWD Philippines President & CEO, Manuel “Jumbing” De Rosas also emphasized that this partnership boosts advisory teams to accelerate their path toward MDRT success. “We are proud to continue this partnership and provide our network with the best opportunities. By equipping our team to set new benchmarks in the industry, they are also able to deliver innovative solutions and outstanding results that shape the future of insurance in the country.”

Reflecting its ongoing investments in agency leader development, FWD Group recently announced that it ranked number six in the 2024 Million Dollar Round Table (“MDRT”) Top 10 Multinational Companies rankings for the third consecutive year.  Overall, FWD Group now has 2,089 MDRT members as of 1 July 2024. In each of Thailand, the Philippines and Vietnam, FWD ranked number two for MDRT membership. In Hong Kong SAR, FWD ranked number five.

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


 

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About FWD Philippines 
FWD Life Insurance Corporation (FWD Philippines) launched its commercial operations in September 2014. Currently, FWD Philippines is number one in customer experience among insurers in the country1. In just 10 years, FWD Philippines now ranks 3rd and 4th in terms of new business annual premium equivalent2 and premium income3, respectively.

FWD Philippines is part of FWD Group, a pan-Asian life insurance business with more than 13 million customers across 10 markets, including some of the fastest-growing insurance markets in the world. FWD Group was established in 2013 and is focused on changing the way people feel about insurance. FWD’s customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products, and a simpler insurance experience.

FWD Philippines is regulated by the Insurance Commission of the Philippines and is legally permitted to provide insurance products and services within the country.

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

1 Based on KPMG's Global Customer Experience Excellence Report 2023
www.insurance.gov.ph > Data > Statistics > Life Insurance Companies > 2023 > Based on New Business Annual Premium Equivalent
www.insurance.gov.ph > Data > Statistics > Life Insurance Companies > 2023 > Based on Premium Income

Want to get in touch?

Reach FWD here, or visit us at our Head Office.
Contact the Insurance Commission Philippines here.

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