Malayan’s WeWomen Program wins Global Banking & Finance Award
by Paulo | Sep 27, 2021
to promote gender based insurance solutions and foster women empowerment,
through Gender Sensitivity Trainings (GST) for Malayan Insurance Co. Inc.,
insurance agents and employees became the Best Insurance
Education & Training in the Philippines for year 2021, as awarded by the
Global Banking & Finance Review of
helped attendees reframe stereotyped generalizations toward women. The conduct
of GST was part of Malayan Insurance’s We Women Program, a specialized program
developed by Malayan Insurance in partnership with the International Finance
Corporation (IFC) with the objective of increased women’s access to risk
mitigation and financial protection solutions in the Philippines.
Malayan Insurance officers, employees, and agents, the workshops series tackled
sensitive topics such as identifying the needs and roles of women, overcoming
gender and unconscious biases, supporting women’s issues, and refining
communications and language.
The GST has contributed to making the We Women program
more significant. Through the We Women
Program, Malayan Insurance is focused on becoming the preferred non-life
insurance partner of the Filipina woman. This is a way of contributing to the
government’s efforts toward financial inclusion for all and the promotion of
gender-based programs via special non-life insurance solutions. Since more and more Filipina women
professionals and entrepreneurs are gaining the capacity to acquire hard-earned
assets, every Filipina needs to be protected more than ever.
While GST promoted
sensitivity and open-mindedness, it paved the way for Malayan’s We Women
Program to introduce Stela (Simply The Easiest
Live Assistant) Solutions.
“The gender sensitivity trainings
helped Malayan’s We Women Team identify and respond to the concerns of women.
It enabled us to create relevant products like Stela Solutions to help women
mitigate future risks,” said Malayan Insurance WeWomen project sponsor and Vice Chairman, Ms.
Yvonne S. Yuchengco.
Stela Solutions is a suite of financial protection plans that secure
each Filipina, her family, assets, and overall wellbeing.
Stela Shield safeguards women from unforeseen circumstances, while Stela Family provides financial safety
for Filipinas and their families. Stela
Wheels protects women while on the road, and Stela Home covers both her property and household. Filipina
entrepreneurs can protect their businesses, employees, families, and themselves
with Stela Biz Silver, Gold, and Red.
Malayan Insurance also won GBAF’s Best Non-Life Insurance Product in the Philippines
2021 for Vital Cover, and Best Travel Insurance Policy in the Philippines 2021
for its Travel Master policy with
Coronavirus Disease (COVID-19) coverage.
The GBAF is an annual recognition program given by the UK-based
publication Global Banking & Finance Review. With a readership exceeding
three million that includes C-suite executives and business leaders from over
200 countries, the publication provides in-depth news and insights on the world financial market.