TIMES PHILIPPINE PHILIPPINE PRUDENTIAL PRUDENTIAL
An Official Publication of the Philippine Prudential Life Insurance Company, Inc. An Official Publication of the Philippine Prudential Life Insurance Company, Inc.
SPECIAL ANNIVERSARY ISSUE ISSUE SPECIAL ANNIVERSARY SPECIAL ANNIVERSARY ISSUE
Philippine Prudential TIMES • February 2014
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Contents: Corporate News Features Awards
Events and Promos Corporate Social Responsibility
CORPORATE EXECUTIVE OFFICERS GREGORIO D. MERCADO
President and Chief Executive Officer
JOSE NOEL D. MERCADO
DANIEL D. MERCADO III Chief Operations Officer
Chief Finance Officer
Head – Legal and Compliance
Chief Agency Officer
Head – Direct Marketing
VIRGILIO R. KAPUNAN
ELMER B. BAINGAN
ARABELLE G. ADIGUE
Vice President for Finance and Accounting
Vice President for Marketing Services
JOSE ANTONIO G. GOZUN
GIL M. SALVADOR
Vice President for Special Projects
DANIEL ANGELO E. MERCADO IV Senior Asst. Vice President for Retail Marketing Regional Head for Visayas and Mindanao
Vice President for Information Services
JEFFREY R. LUSPO
MARVIN S. LOMINOQUE Senior Asst. Vice President for Group Sales Support
EDMUND J. VELOSO
Retail Marketing Regional Head for North
RODOLFO C. ESTRERA
AVA G. ESPARAS
Asst.Vice President for Treasury and Accounting / Comptroller
Asst. Vice President for Corporate Communication
JED P. LAGMAY
CORINA C. CABOGNASON
LEONCIO M. QUIMING, JR.
MARITES M. LLAPITAN
RHYAN KENNETH P. ROCES
Asst.Vice President for Telemarketing
DENNIS M. VILLANUEVA
Asst.Vice President for Agency Sales Support
ADORACION L. TUDIAS Asst.Vice President for North Luzon Sales
GAUDIOSO C. DE LUNAS Corporate Secretary
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BEVERLY ELENA G. GASCON
Vice President for Distribution Strategy
Senior Asst. Vice President for Retail Marketing Regional Head for South
OSMOND HOWARD G. GANKEE
Head – Telemarketing
IRENE M. ANDAS
Vice President for Finance
Senior Asst. Vice President for Metro Manila and Special Markets Agency Marketing Operations
ZENAIDA F. ARAGON
LEONIDES S. MERCADO
Head – Alternative Markets
Head – Group Sales
GREGORIO E. MERCADO, JR.
Chief Distribution Officer
RAMON S. UNTALAN
MARIO ADRIAN B. ROMERO ROSE MARIE T. EVANGELISTA
VICTOR P. QUISUMBING
Philippine Prudential TIMES • Special Anniversary Issue
Asst. Vice President for Human Resources
Asst.Vice President for New Business and Underwriting
DAY L. CASTRO
Asst.Vice President for Medical Insurance
NORA S. PASCUAL Treasurer
Asst. Vice President for Agency Training and Development
Asst. Vice President for Group Sales
Asst.Vice President for Distribution Strategy
DAVID Z. SILAYAN
Asst.Vice President for People Management and Development
MELINDA G. CALIPAY Asst. Mamager - Treasury
TIMES PHILIPPINE PRUDENTIAL
Vol. 50 No. 1 FEBRUARY 2014
An Official Publication of Philippine Prudential Life Insurance Company, Inc.
MR. GREGORIO D. MERCADO Publisher MR. DANIEL D. MERCADO III MR. VICTOR P. QUISUMBING Associate Publishers
EDITORIAL TEAM RODOLFO C. ESTRERA Editor ELISA REGINA B. CLAUSTRO Content Management PIERRE ANGELICA C. RAÑON Creative and Art Direction MARIA CARMINA S. BARON Contributing Writer
Do you have success stories or good news that you wish to share? Have you or your team received any special recognition? What are you waiting for? PPTIMES encourages everyone to submit articles/photos that you would want to see in our future issues.
Make PPTIMES closer to your heart. Send in your articles now! The views and opinions expressed herein do not necessarily represent or reflect those of the Philippine Prudential Life Insurance Company, Inc.
Corporate Communication Office
Suites 510-513, 5th Floor AIC Burgundy Empire Tower, ADB Ave. corner Garnet & Sapphire Roads, Ortigas Center, Pasig City
Customer Service Hotline Number: (02) 902-2300 Tel. No.: (02) 902-2330 (Connecting all departments) Fax No.: (02) 631-2330 Globe Mobile No.: 0917-577-7542 Smart Mobile No.: 0908-887-7542 E-mail: mypolicy@philippineprudential.com
www.philippineprudential.com
Staying Steady and True On its 51st year, Philippine Prudential remains an industry leader in innovation and growth. This can be attributed to the Company’s steadfast commitment to its mission of transforming for the better. As it continues to expand and pursue opportunities that further our progress, Philippine Prudential gladly acknowledges the contribution of its untiring and dedicated workforce. This Anniversary Issue puts this year’s Service Awardees in the spotlight with a special centerspread feature, as well as presents colorful stories of the Company’s various activities and expansion projects. Philippine Prudential’s endeavours are fueled by an ardent desire to live by its promise to protect and serve Filipino families everywhere. This includes going beyond providing reliable products and services, as seen in the Company’s fulfillment of its Corporate Social Responsibility. Another year means another round of exciting things to look forward to. As we move up with renewed optimism, let us continue to be guided by the Company’s Mission, Vision and Values, and more so by the Divine Wisdom of the Almighty God. Onwards we go, Philippine Prudential!
www.facebook.com/ PhilippinePrudential www.twitter.com/ PhilPrudential Philippine Prudential TIMES • February 2014
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MESSAGES I warmly congratulate the Philippine Prudential Life Insurance Company, Inc. (Philippine Prudential) on reaching its 51st Founding Anniversary. Truly, this achievement speaks of the Company’s undeterred pursuit of excellence, growth and innovation in the face of a steadily rising life insurance industry. It is encouraging to see that more Filipinos are realizing that financial preparedness is integral to a secure and healthy future. I am confident that Philippine Prudential, with 51 years of sterling and committed service under its belt, will not tire of providing even more families with earnest financial advice and reliable products. May Philippine Prudential continue to prosper and progress, as it moves swiftly forward in the spirit of true and sincere service to the Filipino.
ATTY. EMMANUEL F. DOOC Insurance Commissioner Insurance Commission of the Philippines
Greetings to the Philippine Prudential Life Insurance Company, Inc. (Philippine Prudential) on the occasion of its 51st Anniversary! The stable business environment has benefited this 100% Filipino-owned insurer, making it one of the significant contributors to the impressive Premium Income generated by the life insurance industry in recent years. And with over 20 sales offices in key cities nationwide and various distribution channels actively offering insurance coverage to our countrymen, Philippine Prudential shows promise of continuous growth. It is hoped that Philippine Prudential will continue to secure the future of our Filipino families, with its professionals endeavoring to provide enhanced insurance coverage and services to our people. Again, my warmest congratulations!
VIDA T. CHIONG Deputy Insurance Commissioner Insurance Commission of the Philippines
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What a joyous feeling it is to be commemorating the 51st Founding Anniversary of the Philippine Prudential Life Insurance Company, Inc. (Philippine Prudential). This Company has continued to enjoy its fair share of success thanks to the unwavering support and patronage of its employee and sales force, business partners, stockholders and our valued policyholders. The growing life insurance industry continues to pose challenges, but Philippine Prudential is prepared to weather them with expertise strengthened by 51 years of stellar service to the Filipino. It is my sincere hope that as the Company moves forward, we will not lose sight of the values we hold dear and the truly life-changing mission we have undertaken as insurers and protectors. Congratulations Philippine Prudential!
DANIEL M. MERCADO JR. Chairman of the Board Philippine Prudential
Dear Friends, Stockholders,
Colleagues
and
It is with an immensely thankful heart that I celebrate Philippine Prudential Life Insurance Company, Inc.’s (Philippine Prudential) 51st Founding Anniversary with you. Truly, leading this Company has been a rewarding experience, as we have been constantly privileged to prove our commitment to financially protect Filipino families everywhere. Each of you has had a hand in Philippine Prudential’s success, and we are only happy to express our heartfelt gratitude. The state of the industry continues to be on an upswing, and as the Company rises along, it would be an honor to have all of you by our side, always steadfast in our collective goal to transform for the better. Cheers! Here’s to an exciting and fruitful 2014! God Bless!
GREGORIO D. MERCADO Chairman of the Board Philippine Prudential
Philippine Prudential President Speaks at UST Graduate School Symposium
Mr. Gregorio D. Mercado, President and CEO of the Philippine Prudential Life Insurance Company, Inc. (Philippine Prudential), was recently invited to speak at the Business Leadership CEO Series, hosted by the University of Sto. Tomas (UST) Graduate School of Business and attended by graduate students from different disciplines. Mr. Mercado’s lecture, entitled “Managing Risk: The Rationale for Life Insurance,” touched on several topics, including the history of the Philippine life insurance industry, the current profile and mindset of the market, and the steps being undertaken to ensure a strong and stable industry amidst prevailing challenges.
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Beauty in Giving
Miss World Philippines Contract Signing Philippine Prudential once more renewed its partnership with CQ Global Quest Inc, the exclusive licensee of the Miss World Philippines (MWP) Pageant, to become the Official Life Insurer of the 2013 MWP. The Contract Signing was attended by Philippine Prudentital President and CEO Gregorio D. Mercado, Chief Distribution Officer Victor P. Quisumbing, Corporate Communication Head Rodolfo C. Estrera and CQG Chairperson Cory Quirino and Poncy Quirino after the Press Presentation of the Candidates at the Solaire Resorts and Casino. This has been the third consecutive year that the Company has been the Official Life Insurer of the Pageant.
Miss World Philippines Pageant Philippine Prudential named Ms. Patricia Lae Ejercitado as Miss Philippine Prudential 2013 during the Charity Gala Night of the Miss World Philippines 2013 pageant. The special award is given to the candidate whom the Company deems manifests the core values that Philippine Prudential promotes. Ms. Ejercitado was presented with Php 50,000.00 in cash during the awarding. The Company has also covered each candidate with life insurance protection worth Php 1,000,000.00 each and an additional Php 1,000,000.00 for the five finalists.
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OFFICIAL LIFE INSURER
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Philippine Prudential Partners with Manila Public School Teachers Association, Inc. Philippine Prudential recently formalized its partnership with Manila Public School Teachers Association, Inc. (MPSTA) as its Official Life Microinsurance Provider during a contract signing dinner held at the Casino Español in Manila. Philippine Prudential was awarded a special recognition by the Insurance Commission of the Philippines for its contributions in the field of Microinsurance, which provides protection tailored specifically for individuals who have low income and minimal savings. Present during the signing event were Philippine Prudential President and CEO Gregorio D. Mercado, Group Sales Head Elmer B. Baingan, Assistant Vice President for Group Sales Leoncio M. Quiming, MPSTA President Benjamin Valbuena, Vice President Merlinda E. Anonuevo and Chairman Medardo Mercado.
Business Orientation Program for Agents and Brokers The Corporate Health Plan, a product under the Company’s Medical Insurance Distribution Channel was finally introduced to prospective sales agents and brokers on November 24, 2013 through the Business Orientation Program (BOP) held at the Company’s National Training Center (NTC) in Makati City. The Medical Insurance Team is headed by Assistant Vice President Day L. Castro, who led the activities. The launch was reinforced by the presence of Chief Distribution Officer Victor P. Quisumbing, Vice President for Distribution Strategy Irene M. Andas, Vice President for Marketing Services Arabelle G. Adigue, Senior Assistant Vice President for Group Sales Support Marvin S. Lominoque and Assistant Vice President for Distribution Strategy Rhyan Kenneth P. Roces.
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CONGRATULATIONS TO
PHILIPPINE PRUDENTIAL LIFE INSURANCE CO, INC. ON THE OCASSION OF ITS
51st ANNIVERSARY
SCOR GLOBAL LIFE SE 143 Cecil Street # 22-01/04 GB Building Singapore 069542 Tel: (65) 630-99450, (65) 622-01730 Fax: (65) 622-01202
Philippine Prudential would like to thank the following companies:
media partner:
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GDM ’s 60th Surprise Party
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Sheila Silva
Group Administration Assistant Administrative Services
10 years
Annalee Austero Group Administration Specialist Administrative Services
10 years
Ma. Teresa Asi
Rolando Aquino
20 years
20 years
Finance Assistant Finance
Assistant Manager Accounting
Philip
Zenaida Aragon
Michael Collantes
Antonio gocotano
35 years
10 years
10 years
AVP/Comptroller Accounting
Driver Administrative services
ppine Prudential
Accounts payable assistant Accounting
Service Awardees
by Marvie Bautista Creativity, camaraderie and teamwork among employees made for a fun Halloween trick-or-treat for kids and their young-at-heart moms and dads! Cobwebs hung from the ceiling, tombstones lined hallways, ghouls stood at each turn, and a chillingly realistic coffin lent an eerie feel to the usually quiet Home Office floors. The costumed trick-or-treaters braved the spooky décor and ended up collecting mounds and mounds of treats from the different Departments. Before the program proper, they were given time to go through the sweets they received—and even asked to “Guess How Many Candies” there were inside a big bowl! As if the overflowing candy wasn’t enough, the kids who came in the Most Spook-tacular, Most Fa-BooLous costumes, as well as those who proved Most Energetic and Most Charming earned a cash prize of Five Hundred Pesos each!
Winners: Spooktacular Outfit 1st Samantha Nicole Austero 2nd Fayth Arielle Lois Santos 3rd Robbe Vergel Dawa
FaBOOloous Costume 1st Martha Bautista 2nd Andy Oboza 3rd Yoanalyn Ducao
Most Energetic Marx Godwin David
Most Charming Paula Sildo
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PLIA Fun Run
Celebrating its 63rd year in the industry, the Philippine Life Insurance Association (PLIA) once again staged a fun-run for the second consecutive year as part of its Life Insurance Consciousness Week (LICW). LICW is a series of celebrations to raise consciousness of the Filipino People about the importance of Life Insurance. The fun-run whose primarily aim was to involve people both in the industry and out resulted in a successful event, as it was able to sign up more than the usual number of participants for 3k, 5k and 10k categories. PLIA continues to make a difference in its thrust to enlighten more and more people about the significance of life insurance protection through its various interesting activities.
PIC Bowling Philippine Prudential participated in the Philippine Insurer’s Club (PIC) Bowling Tournament held at the Metroclub in Makati City on October 19, 2013. Our Executive Office’s Marie Lyn Tibon reigned supreme with the Championship Awards for the Women’s Division while Administration Services’ Teresita Ramos and Accounting’s Crystal David were awarded First and Second Runners-Up, respectively.
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Company Lauds
Aces
Outstanding Sales Agents for the months of August and November were rewarded with invitations to two exclusive events—Treat Q ‘To, a dinner affair at Crowne Plaza Hotel with Philippine Prudential’s Chief Distribution Officer Victor P. Quisumbing, and Oh My G!, a wine appreciation and food pairing session at the posh Wine Museum with President and CEO Gregorio D. Mercado.
Treat Q ‘To
Drive period: Aug 1-31, 2013 Awarding Date: September 30
Oh My G!
Drive period: Nov 1-30, 2013 Awarding Date: December 18
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Telemarketing Awards Night
Once again, Philippine Prudential recognized and rewarded the Top Performers of its Telemarketing Channel during an awards night dinner held recently at the Crowne Plaza Hotel. Attended by the Company’s Top Executives, the occasion served to award the Channel’s 2nd and 3rd Quarter awardees of 2013. Telemarketing regularly organizes an intimate dinner awards and fellowship night for their most hardworking and dedicated sales achievers, giving them time to interact and exchange insights with the Company’s Senior Officers.
2nd Qtr of 2013 Jeanette A. Lagmay Rodel S. Pevidal Shiela Dulay Renolfo S. Bughaw
3rd Qtr of 2013 Jeanette A. Lagmay
Dante B. Simangan Renolfo S. Bughaw
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Telemarketing Promos Handog Papremyo Angeles Sales Office January 23, 2014
From left: Sales Officer Efraim L. Regine, Tele Manager Alden S. Sinag, Tele Officer Janna Beams C. TeaĂąo, Sales Officer Maricel F. Eguia, Branch Head Edwin P. Pilit, Winner of Handog Papremyo Jovelyn J. Arcilla, Sale Officer Danilo S. Bagagnan, Head of Telemarketing Leonides S. Mercado, Sales Officer Janno C. Buhat and Sales Officer Airine T. Masibay.
Cash Pabuenas
Angeles Sales Office January 22, 2014 Top photo from left: Head of Telemarketing Leonides S. Mercado, Branch Head Marlon S. Cabalitan, Sales Officer Auvrian A. De Castro, Cash Pabuenas winner Angelica R. Peredo and AVP for Telemarketing Jed P. Lagmay Bottom photo from left: Sale Officer Norman L. Bondoc, Branch Head Marlon S. Cabalitan, Sales Officer Auvrian A. De Castro, Cash Pabuenas winner Angelica R. Peredo, and Sales Officers Rachelle A. Fernando and Neil Justin E. Santos
Handog Papremyo
Keppel-Cebu Sales Office January 28, 2014 From left: Sales Officers Mark Anthony Bation and Jesson A. Jumao-as, Tele Officer Robelle M. Galano, Handog Papremyo winner Melodia S. Shimabukuro, Branch Head Marilyn O. Cardinez and Sales Officer Mark A. Rojas.
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Retail Channel Opens Abreeza Mall Office Consistent with its mission to be more accessible to Filipinos everywhere and to provide them with the best financial advice and diversified products, Philippine Prudential recently inaugurated its newest Retail Sales Office in Davao City. This is in line with the Company’s continued efforts to enhance its presence in key areas around the country and to help Filipinos everywhere secure their future. Located at the third floor of the Abreeza Mall, this sales office is the first to offer prospective clients free use of a financial health check calculator, the latest innovation in the Company’s Retail Distribution Channel.
Photo above shows (from left) Philippine Prudential President and CEO Gregorio D. Mercado, Presidential Assistant on Climate Change Elisea G. Gozun, Davao City Councilor Danilo C. Dayanghirang and Philippine Prudential Chief Distribution Officer Victor P. Quisumbing cutting the ceremonial ribbon. Behind them are (from left) Philippine Prudential VisMin Regional Head Daniel Angelo E. Mercado IV, Philippine Prudential Abreeza Mall Sales Office Head Jezzel G. Ramos (partly hidden) and Philippine Prudential Head of Finance and Accounting Gregorio E. Mercado, Jr.
Philippine Prudential Awards First Claim at its General Santos Office Philippine Prudential recently paid out the first claim made at its Retail Sales Office in General Santos City for the Company’s Life Accident and Dismemberment and Burial Benefit (LABB) product. Mr. Theodore B. Bandala, the husband of the insured and the beneficiary, personally received the check from Branch Manager, Mr. Ramiro Yabut, Jr at the said Sales Office where the policy was also purchased. According to Mr. Bandala, “The Company called me to get my check and so I immediately went to their SM General Santos Sales Office to claim it. I could not believe it at first, but I was very happy because it’s a big help to my family especially for the education of my children which was the primary concern of my wife.”
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Philippine Prudential Opens Naga Agency Sales Office
Photo above Mayor Bongat with Philippine Prudential President and CEO Gregorio D. Mercado and Chief Distribution Officer Victor P. Quisumbing cutting the ceremonial ribbon. Also in photo (partially hidden) are Chief Agency Officer Mario Adrian B. Romero and Business Development Manager Madonna Lozano.
Philippine Prudential recently opened its very first Agency Marketing Sales Office in Naga City. This is in line with the Company’s continued growth and expansion, while remaining consistent with its ongoing thrust to help Filipinos everywhere secure their future. Naga City Mayor Atty. John G. Bongat and Philippine Prudential Senior Executives formally opened the new sales office at the Phoenician Building on Panganiban Drive Corner Isarog Avenue, Naga City.
Philippine Prudential Joins Breast Cancer Awareness Campaign As part of its Corporate Social Responsibility (CSR) efforts, Philippine Prudential recently participated in an international health campaign to help raise awareness on Breast Cancer during an “eco fun walk” in Baguio City. Together with hundreds of other cancer patients, survivors, friends and supporters, a group from Philippine Prudential’s Baguio Agency Marketing Office walked around Camp John Hay wearing pink to spread consciousness on how to prevent and detect breast cancer before it is too late. The event was made more meaningful by the special performance numbers from the different participating groups.
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Philippine Prudential Says “Walang Iwanan!”
Last November 2013, Super Typhoon Yolanda struck the Visayas with massive force, leaving thousands of Filipino families homeless and in urgent need of aid. In response, Philippine Prudential mobilized employees and signed them up for a day of relief operations at the Gawad Kalinga: Walang Iwanan Operations at the Department of Agrarian Reform Gymnasiumh in Quezon City.
Alongside other Companies and GK volunteers, Philippine Prudential helped repack essential goods and water bottles for distribution to survivors of heavily affected areas, such as Tacloban and Leyte.
Annual Christmas Bazaar turns Fundraiser for Yolanda Victims
The Company’s entrepreneurial employees opened up their hearts (and wallets!) and allotted a portion of their bazaar earnings to victims of Super Typhoon Yolanda. This came at the heels of an online fundraising drive led by the Human Resources Department, calling for donations to relief efforts not only for the storm but also for the earthquake that jolted Bohol and Cebu in October 2013.
GK Christmas Party
GK Expo 2013 Highlights Social Entrepreneurship
Philippine Prudential Life Insurance Company, Inc. remains steadfast to its Corporate Social Responsibility (CSR) efforts through its partnership with Gawad Kalinga (GK). As part of its yearly tradition, Philippine Prudential recently sponsored a Christmas Party for the beneficiaries of the Philippine Prudential-AMPAP GK Village in Camarin, Caloocan City. No less than the Company President and CEO, Mr. Gregorio D. Mercado, along with other Philippine Prudential Officers, friends and employees, shared their time to celebrate the day of giving with the village’s “kapitbahayans.” Special performance numbers from both parties and exciting games made the event more meaningful and unforgettable. Another highlight of the event was the induction of the village’s officers who were warmly welcomed by the entire community.
Gawad Kalinga commemorated its tenth anniversary with a 4-day Social Business Summit meant to promote social entrepreneurship in the Philippines. GK Founder and Chairman Tony Meloto spoke about the vital role of social businesses in reducing poverty and sustaining development, emphasizing the need for entrepreneurs to pursue opportunities that uplift Filipino workers.
The Summit, held at the GK Enchanted Farm in Bulacan, was attended by “kapitbahayans” from all over the country, as well as GK’s numerous supporters, including Philippine Prudential and residents of its GK-AMPAPP Village in Caloocan City. Philippine Prudential TIMES • February 2014
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