FWD Philippines adopts UnderwriteMe’s digital solution
After the collaboration with FWD Singapore, FWD Life Insurance Philippines is also adopting the digital solution powered by UnderwriteMe , Pacific Life Re’s fully-owned subsidiary, to shorten the application process and provide an underwriting decision at the point of sale.
“As the first life insurer to launch our pioneering offline digital solution in the Philippines, we look forward to FWD’s sales force leveraging a rich and seamless experience to get their work done more quickly and efficiently. Our focus and commitment to removing friction from the sales process has helped us to deliver a worldclass solution to FWD.” – Rakesh Kaul, Business Development Director for UnderwriteMe.
“We’re delighted to launch this industry-leading solution that will greatly benefit our customers and advisors alike. We want to change the way people feel about insurance, so we’re excited to be working with UnderwriteMe. As a result, we will enhance both the customer and advisor experience. With this new digital solution, FWD’s customers will have fast approval of their applications in a matter of minutes by minimizing the back-and-forth between the customers, advisors, and underwriting teams. UnderwriteMe’s online experience is seamless and ideal, and its offline decision-making capability is as reliable and can already make initial underwriting decisions at point of sale.” – Judith Baliton, Chief Life Operations Officer of FWD Philippines.
“We are committed to looking for new ways to support our partners in achieving long-term growth in the markets in which they operate. We are confident that the adoption of this solution will improve the customer journey and transform the way insurance is perceived.” Vasan Errakiah, Head of SEA and Product Development, Pacific Life Re.