FWD Insurance Taps Globe for Secure, Reliable, Cost-Effective Plug-and-Play Connection Among Branches
Pan-Asian insurer FWD Life Insurance, one of the country's fastest-growing insurance companies, has tapped Globe Business, the enterprise information and communications technology (ICT) arm of Globe Telecom, to set up a secure, reliable, and cost-effective plug-and-play connection among their offices—even those located in remote areas using Globe Software Defined-Wide Area Network (SD-WAN).
Through this partnership, FWD Insurance becomes the first financial service & insurance (FSI) company in the Philippines to be powered by a game-changing technology which would enable them to move better and expand faster using a data network that is affordable and easy to deploy.
Rogelio Umali, FWD Insurance Chief Technology Officer, shares the reason for FWD’s shift to SD-WAN: “Insurance companies would usually encounter multiple connectivity issues at their branch offices. Since insurance organizations are amongst those with the highest number of servicing locations compared to any industry, the difficulties related to setting up each location’s connectivity remains a challenge to any insurer.”
“Thankfully, the Globe Business team has stepped in and offered Globe SD-WAN which makes regional expansion easier and simpler for us. Through this service, FWD is now more confident to achieve maximum growth and reach an untapped market,” added Umali.
“Connectivity and the use of applications are the lifeblood of every financial service company and other businesses today,” said Peter Maquera, Globe Business Senior Vice President. “Powering insurance operations to make transactions faster, safer, and more reliable will be beneficial to businesses and employees resulting in better efficiencies and higher productivity. That is what Globe SD-WAN brings to the table.”
Globe SD-WAN complements a company’s existing Wide Area Network (WAN) and Internet Protocol – Virtual Private Network (IP-VPN) connections. This capability lets enterprises adapt to relevant scenarios or address customers’ needs anytime. Companies can also experience optimal connectivity through automated rerouting of traffic across the most efficient routes and connections.
Companies can also re-route to SD-WAN non-mission critical activities such as video conferencing calls, emails, and live video streaming among others to free up bandwidth from the corporate data network. Moreover, Globe Telecom’s commitment to create intelligent cities and an internet superhighway is further manifested through its efforts to make Globe SD-WAN available in the market.
Interested in Globe SD-WAN? Ask your Globe Business Account Manager or visit business.globe.com.ph/sd-wan.
About FWD Philippines
FWD Life Insurance Corporation (“FWD Life”) is the first life insurance company licensed by the Insurance Commission of the Philippines under the new Insurance Code. FWD launched its commercial operations in September 2014. By March 2017, FWD Life is the highest-capitalized life insurer in the Philippines with ₱2.3 billion in paid-up capitalization.1 Based on premium income data published by the Insurance Commission2, FWD Life now ranks 10th in the insurance industry in terms of weighted new business premiums.3
FWD is focused on creating fresh customer experiences, with easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD aims to become a leading pan-Asian insurer that changes the way people feel about insurance.
For more information, please visit fwd.com.ph.
1 www.insurance.gov.ph > Statistics > 2017 > Based on Paid-Up Capital
2 www.insurance.gov.ph > Statistics > 2017 > Based on Premium Income
3 Weighted New Business Premium Income: 100% of first-year premium on regular-pay plans + 10% of single-pay premiums
About Globe Business
Globe Business provides end-to-end mobile and fixed line solutions and is equipped with its own technical and customer relationship teams to serve the requirements of large enterprises. The group also provides IT-enabled services through its ICT unit. With its homegrown superior knowledge of the Philippine market plus the latest and standard cutting-edge technology, Globe Business is able to provide the right technology, infrastructure, and know-how- which are customized to the needs of business from a diverse range of industries.