Sun Life executives led by Global CEO Kevin Strain and Philippine CEO & Country Head Benedict Sison recently made a courtesy visit to the Insurance Commission (IC) to align with newly appointed Commissioner, Atty. Reynaldo Regalado, on his vision for the industry as his term begins.
Focusing on how insurance can help Filipinos live brighter lives, the attendees talked about the including financial literacy in the school curriculum, how insurance products can be further appreciated by the public, and efforts to spread financial inclusivity in communities.
In terms of further cultivating the industry, discussions also touched on digital transformation, financial inclusion, as well as the International Financial Reporting Standard-17, the new method of accounting for insurance contracts.
Apart from Strain and Sison, also present were Sun Life Global Chief Financial Officer Manjit Singh and Sun Life Asia President Ingrid Johnson, as well as local executives, including Sun Life of Canada (Philippines), Inc. President Alex Narciso, Sun Life Philippines Chief Operations and Digital Enterprise Officer Gaurav Mishra, Sun Life Grepa Financial, Inc. President Richard Lim, Sun Life Grepa Financial, Inc. Chief Operating Officer Joy Castillo, Sun Life Investment Management & Trust Corporation President Michael Enriquez, Sun Life Philippines Chief Financial Management Officer Sachi Pang, Sun Life Philippines Chief Client Experience & Marketing Officer Carla Gonzalez-Chong, Sun Life Philippines General Counsel Atty. Ed Tordesillas, and Sun Life Philippines Deputy General Counsel Atty. Paolo Macapagal.
“It was a fruitful meeting between Sun Life and the IC. I am happy to share that our purpose as an organization aligns very well with the government’s thrust to help Filipinos achieve a brighter future,” Sison said. “For 128 years now, Sun Life has always endeavored to help our countrymen achieve lifetime financial security. We have a long way to go, but with everyone’s cooperation, I am quite certain that this will become a reality.”