Sun Life Grepa Financial, Inc. (Sun Life Grepa), a major life insurance company in the country, was recently recognized by the 2022 International Finance Award (IFA) as the Best Insurance Provider for SME-Philippines for its tailor-made insurance and protection solutions for MSMEs (micro, small and medium enterprises).
The annual IFA seeks to validate industry talent, leadership skills, industry net worth and capability on an international platform. After careful consideration of nominations, winners are declared on the strength of their application and past initiatives in the industry.
“MSMEs are a key component of every economy,” Vice President for Group Marketing Operations Peter M. Miranda said. “However, life protection products suited to their specific demands often do not exist and it is true that MSME employees typically rely on these insurance products provided by their employers to ensure that if something were to happen to them, their families would have something to live on. Through Sun Life Grepa Healthcare, employers can avail of straightforward yet comprehensive and affordable packages for their employees – whether their businesses are just starting, growing, or are already well-established.”
These packages were introduced to the public through Sun Life Grepa’s MSME MyBiz, a campaign aimed to help business owners promote financial security through a suite of insurance products that address the wellness, protection, and medical recovery needs of employees. Among these products are Accident ProSafe, Smart Care Plus, and HIPSTER, which are available for MSMEs with 5 to 200 employees.
“The IFA recognition gives added impetus to our mission of providing lifetime financial protection to our clients,” he continues. “Working to the best of our abilities, we intend to continue innovating our offerings according to what our clients need. In this way, we ensure that we remain a reliable partner for MSMEs in business and in life.”
This is the second award for Sun Life Grepa under its Healthcare division. Recently, Sun Life Grepa also won the MSME Insurance Initiative of the Year – Philippines at the Insurance Asia Awards 2022.
