In photo: Malayan Insurance Executive Vice President Ma. Theresa B. Tiu, Malayan Insurance Vice President for Direct and Dealership, Paolo Y. Abaya, Malayan Insurance President and CEO Yvonne S. Yuchengco, PJ Lhuillier Inc. President and CEO Jean Henri Lhuillier, Cebuana Lhuillier Bank President Leo Escaño, Malayan Insurance Executive Vice President Antonio M. Rubin and Cebuana Lhuillier Insurance Solutions General Manager Jonathan Batangan.
Cebuana Lhuillier Insurance Solutions, the country’s No. 1 microinsurance agency, and Malayan Insurance, the country’s top non-life insurance company, continue to offer reliable and affordable insurance policies in the country as the two industry leaders sign a Memorandum of Agreement on February 5, 2013.
Since 2004, the long time partnership between CLIS and Malayan Insurance has been bringing reasonably priced assistance coverage to the public through AllCare Alagang Cebuana Plus. For just 25 pesos, clients are entitled to Php 20,000 accidental death/dismemberment benefit and Php 5,000 fire cash aid assistance.
Cebuana Lhuillier President and CEO Jean-Henri Lhuillier shares the importance of every Filipino having access to insurance. “In the Philippines, insurance has a very low penetration rate. But with the number of unexpected events happening in the country, we must have reliable partners and that is where Cebuana Lhuillier and Malayan come in.”
Cebuana Lhuillier Insurance Solutions is the non-life insurance arm of the PJ Lhuillier Group of Companies. Established in 1999 with the goal of providing financial security and peace of mind to its clients, the company has constantly provided Filipinos with a number of quality insurance products, programs and services at the most practical and reasonable premiums. Founded by the current Philippine envoy to Portugal, Ambassador Philippe Jones Lhuillier, Cebuana Lhuillier Insurance Solutions is currently managed by its President and CEO Jean Henri Lhuillier.