July 18, 2024

Cocolife wins ‘Most Outstanding Life Insurance Company in the Philippines 2021’ at International Business Magazine Awards

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Cocolife, the biggest Filipino-owned stock life insurance company and the first-ISO certified Filipino insurance company,  wins  the  ‘Most Outstanding Life Insurance Company Philippines 2021’  from prestigious International Business Magazine.

International Business Magazine  recognizes world-class corporations and industrial talents in the field of business and finance. The judging panel consists of international researchers, editors, and key subject matter experts. Every category is  thoroughly assessed and researched  to ensure that all accolades are bestowed in an professional and impartial manner.

After a highly-scrutinized evaluation, Cocolife was selected as the top insurance company in the Philippines for its exemplary leadership, service quality, productivity, and business ethics.

The award was bestowed upon Cocolife based on its ongoing strategic initiatives, expansion activities and year-on-year progress. It was also recognized for achieving high ratings from various regulatory bodies,  its strong sales network  across the country, and for its for its growing number of policyholders in both individual and group insurance.

For Cocolife President and CEO Atty. Martin Loon, this recognition is more than a proof of competence, it also represents Cocolife’s unwavering commitment in improving the quality of life of Filipinos. “I think Cocolife is very focused on its mission to serve. With that sacred mission in mind, we make sure to fulfill all aspects of the business excellently and with integrity. Our mindset has always been about service – all  of our systems, process improvements and even our constant desire to achieve excellent corporate governance is really meant to serve our people better.”

Under the leadership of President and CEO Atty. Martin Loon, Cocolife achieved its highest premium and net income goals year-on-year. Cocolife also has  one of the best expense ratios in the industry and has received zero non-conformity findings from  its latest ISO-audit for the first time in its rich history.

With receiving an honor from the highly-acclaimed International Business Magazine, Cocolife will continue to provide quality financial solutions to Filipinos and remain steadfast in addressing the different challenges brought by these uncertain times. As Atty.

Martin Loon expressed, clients can always expect better from Cocolife. “This achievement reminds us of the importance of our mission – to serve others more and find ways to be better. We hope to make Cocolife a word class insurance company, a beacon of hope that Filipinos can truly be proud of.”

Ujal Nair, Editor for International Business Magazine, adds “ We take pride in  honoring such an esteemed company and it is our privilege to share its advocacy of an improved quality of life for more generations to come. To know more about Cocolife’s products and services, visit https://www.cocolife.com/

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