Pru Life UK Triumphs with Multiple Honors at the 20th International Business Awards

Pru Life UK Triumphs International Business Awards
Pru Life UK President and CEO Eng Teng Wong with Executive Chairman of the Stevies Awards Michael Gallagher. Pru Life UK photo.

Pru Life UK, a leading life insurance provider in the Philippines, recently achieved remarkable success at the 20th International Business Awards in Rome, Italy, securing four prestigious Stevie awards. This achievement highlights the company’s commitment to diversity, equity, and inclusion, as well as its efforts in climate change communication and internal employee engagement.

The insurer’s innovative PRUHealth FamLove plan, a first in the industry, was honored with a Silver Stevie. This unique renewable policy extends critical illness coverage to a diverse range of family structures, including LGBTQIA+ couples, single parents, and common-law partners, marking a significant step in inclusive insurance services.

Additionally, Pru Life UK received two Bronze Stevie awards for its impactful communication campaigns. These campaigns focused on raising awareness about the importance of insurance protection as a climate adaptation measure and enhancing internal communications within the company.

The insurer’s pioneering study on the intersection of disease and climate change has been instrumental in framing financial security as a crucial aspect of climate readiness. This innovative approach was disseminated through a media briefing and a series of expert-led webisodes.

The company’s internal campaign, “Byaheng PRU”, also garnered acclaim for its role in fostering collaboration and empowering over 900 employees in various initiatives aimed at growth and success.

Pru Life UK’s recent accolades add to its growing list of achievements. Earlier this year, the company was named the International Life Insurer of the Year – Philippines for the third consecutive time at the Insurance Asia Awards. This recognition came alongside its top-ranking performance in the Insurance Commission’s industry report, based on the New Business Annual Premium Equivalent (NBAPE) for Q2 2023.

The International Business Awards, renowned for honoring workplace achievements, saw over 3,700 nominations from more than 60 countries this year, underlining the significance of Pru Life UK’s triumphs.

Discover more about Pru Life UK’s groundbreaking initiatives and how they’re shaping the future of insurance. Share this story to spread the word about their remarkable achievements and the impact they’re making in the insurance industry and beyond.

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The Good News Pilipinas Team is a group of Filipino journalists who advocate putting more good news stories about the Philippines and Filipinos on the media.