Cebuana Lhuillier Insurance Brokers (CLIB) continues its mission of making insurance more accessible and available to more and more Filipinos as it renews its partnership with Etiqa Philippines. The signing of the memorandum of agreement between the two companies was held recently during the Grand Partners’ Day hosted by CLIB at their new corporate headquarters.
Etiqa Philippines, formerly known as AsianLife & General Assurance Corporation, is a composite insurance company that offers an extensive range of insurance solutions. These include group medical benefits, individual life and non-life insurance, and variable products. Etiqa Philippines is majority-owned by Etiqa International Holdings (EIHSB) Malaysia, the investment holding company of Malaysia Banking Berhad (Maybank).
Etiqa Philippines offers a variety of products designed to meet the protection, savings, and investment needs of all market segments in the Philippines. These include Takaful Insurance, which is based on the principles of mutual cooperation, responsibility, and solidarity and is designed to comply with Islamic law (Sharia). They also offer Employee Group Yearly Renewable Term Insurance, which is tailored for groups of employees and simplifies the enrollment process while reducing individual underwriting requirements. Another notable product is Credit Group Life Insurance, which ensures that a borrower’s debt is settled in the event of their death, thus protecting the borrower’s family or beneficiaries from financial burdens.
The Partners’ Day event included the blessing of CLIB’s new modern and top-of-the-line facility with Cebuana Lhuillier’s Chairman, Ambassador Philippe Jones Lhuillier, gracing the momentous occasion. Speaking at the event, Cebuana Lhuillier President and CEO Jean Henri Lhuillier emphasized: "CLIB Partners’ Day is a testament to the power of collaboration and the profound impact we can achieve together. By working hand in hand, we are not only creating financial security but also fostering hope, stability, and opportunity for every Filipino."
Cebuana Lhuillier’s Senior Executive Vice-President Philippe Andre Lhuillier cannot be prouder of their roster of partners. "CLIB’s allies exemplify the highest standards in the industry. This robust network ensures that CLIB can offer comprehensive and tailored insurance products, catering to the unique needs of their clients and maintaining their commitment to exceptional service and innovation."
The Grand Partners’ Day event was a testament to CLIB’s vision of financial inclusion through collaboration and innovation with its partners. By working closely with esteemed partners like Etiqa Philippines, CLIB continues to pave the way for a more secure and financially inclusive future for all Filipinos.
CLIB’s General Manager and Group Head, Anthony Bernabe, accentuated the significance of the occasion: "CLIB Partners’ Day is more than just an event; it’s a celebration of the trust, collaboration, and commitment that drive our shared success. Our new corporate office is not just a space but an incubation hub designed to inspire creativity and foster innovation. Whether it’s enhancing our products, developing new solutions, or finding more effective ways to provide financial security to every Filipino, this space is dedicated to turning those ideas into reality."