Nationwide efforts 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 the year 2021, as awarded by the Global Banking & Finance Review of UK.

The GST 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.

Attended by 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 training 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. 

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