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August 16, 2021 - PGA SOMPO is honored to be awarded as the "Virtual Insurer of the Year - Philippines" in the 6th Insurance Asia Awards 2021 which recognizes Asia’s most outstanding insurance companies that have successfully risen above challenges and made the most of the opportunities in the industry.

PGA SOMPO is one of the key players in the growing digital market in the insurance industry that immediately executes digital initiatives and covers all possible online channels. Despite the lockdown brought about by the pandemic, PGA SOMPO’s business operation was not affected; through their work from home arrangements and digital initiatives, the company needed to be creative to provide world class service- exceeding customers’ expectations and building brand loyalty as a result.

"Positioning an emphasis on opportunities to innovate has helped PGA SOMPO to emerge stronger amidst pandemic." Mr. Fumihiko Harada, PGAS President and CEO also emphasized.

July 1, 2021 - The month of July holds a special meaning for the employees and management of PGA Sompo Insurance Corporation. The Company recently celebrated its 30-year anniversary with a virtual event for the employees featuring virtual games, digital contests and exciting announcements from the management.

According to PGA SOMPO Chairman, Mr. Robert Coyiuto, Jr. "Thirty years on, it is clear that the joint venture between Prudential Guarantee and Assurance, Inc. and Sompo Holdings, Inc. remains a formidable and productive one.

The joint venture was considered a strategic breakthrough in the domestic non-life insurance industry as it capitalized on each company’s strengths. The unity is ceaseless in bringing the country's insurance industry to greater heights.

Amid the challenges brought about by COVID-19 pandemic, PGA SOMPO believes that communication and interaction among employees remain to be paramount as they navigate through the ongoing crisis.  While majority of the employees are still working from home, the Company launched “Salamat Post” on 15 March 2021.  

Coined after “Salamat po”, the Filipino words which means “Thank you”, “Salamat Post” is a peer-to-peer appreciation platform in the Employee Portal that enables employees to thank their colleagues directly.  A channel to boost communication, it enables the employees to let their peers know that their contribution makes a difference, and that they are appreciated when it happens.  This appreciation also comes with a bonus as it allows the sender of the message to give points to their colleagues which is convertible to cash.

Anchored on PGA SOMPO’s mission and core values, this platform is envisioned not just as a tool to enable appreciation or recognition for good work but also to build a scalable culture that will promote key cultural drivers such as teamwork, trust, collaboration, communication and respect.
 

PHILIPPINES – The Annual Stockholders’ Meeting (ASM) of PGA SOMPO is set on April 8, 2021 at 2:00PM via video conferencing, using Microsoft Teams. A User Guide has been included in the Notice of the ASM.

Click here to view the Notice of the ASM.

PGA SOMPO has partnered with Wish FM 107.5 - one of the country's leading media stations in terms of digital platform with more than 12 million followers and subscribers. The said partnership has opened its door to a broader range of audience to promote PGA SOMPO’S products and services through different activities.

An interview with PGA SOMPO’s President and CEO, Mr. Fumihiko Harada, was conducted last January 15. The interview was heard online and on-air, that focuses on promoting the company’s goals in providing non-life insurance products and services designed to protect its customers and their possession. (Interview can be viewed at: www.fb.com/WishFM1075/videos/405946700640481)

PGA SOMPO also took part in Wish FM’s Music Awards – an annual event that pays tribute to artists who have given significant contributions in the Philippine music industry. The event was livestreamed online last January 17, that garnered about 40,000 live online viewers, with its broadcast emanating from one of the Asia’s largest indoor arenas, the Araneta Coliseum. PGAS products were showcased in the said event.

Aside from those events, PGA SOMPO’s partnership with Wish FM will continue for the coming months. Various digital marketing activities like social media branded games, another set of interview and more digital exposures have been lined up.

As the year 2021 was ushered in, PGA Sompo’s new Employee Portal was officially launched in January. It provides employees access to important HR and payroll-related information anytime, anywhere via their computer, device or smartphone. 

This in-house developed web-based facility allows employees to update personal information, view daily time records, file leaves, official business and overtime requests as well as access manuals, company forms and other employee-related government forms.  It can also be used by employees to record their attendance and daily activities while working from home or reporting on-site.

The new Employee Portal will prove most useful amid the uncertainty of the COVID-19 situation. As majority of the employees are still working from home, it is also a tool to inform employees of significant information, announcements or corporate news.

The platform was developed in a way that will allow the Digital and Technological Services team to integrate more innovations and exciting features in the future with the ultimate goal of continuously enhancing employee work experience.

Highlighting PGA SOMPO's innovative use of digital platforms particularly social media, the company bagged the "Philippine Social Media Star Brand Awards for Non-Life Insurance".

The awarding ceremony was held online last December 28, 2020 broadcasting live from various online platforms emanating from One Shangri-La Place Ballroom in Mandaluyong City.

'Philippine Social Media Star Brand Awards' is only being conferred to selected brands and companies in recognition of innovative contribution and exemplary performance through its exceptional usage of social media platforms. Among all non-life insurance companies in the Philippines, PGA SOMPO is the only recipient of this prestigious award for the year 2020.

PGA SOMPO is dedicated and fully committed to utilize all significant features in digital and online platforms in promoting the company’s high-quality non-life insurance products and services designed to protect its customers and their possession.

AM Best has certified the Financial Strength Rating of PGA Sompo Insurance Corporation to "B+" (Good) and the Long-Term Issuer Credit Rating of "bbb-" (Good). Both outlook of these Credit Ratings is stable.

The assigned ratings to PGA SOMPO were categorized by AM Best as strong which reflects on PGA SOMPO's balance sheet strength, together with its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).

With Mr. Fumihiko Harada as its CEO, PGA SOMPO has achieved consistent operating profitability during the past five years with an average return on equity ratio of 4% (2015-2019). The company has also exhibited a volatile combined ratio over those years.

The value of this credit ratings provides a reasonable assurance to the public graded by AM Best, a global credit rating agency and data analytics provider headquartered in the United States.

As PGA SOMPO continue to expand its business partnerships for both corporations and government organizations, this high rating lends prestige to the company that validates its financial strength and credit worthiness.

On Fejoined Kythe Foundation, Inc., a non-profit, non-stock organization which aims towards improving the quality of life of over 11,000 hospitalized children with cancer and other chronic illness through its Child Life Program.

Mr. Masahiro Sawa of SJNK Welfare Foundation together with PGA SOMPO’s executive officers turned over the International Grant to Kythe Foundation in the presence of the primary beneficiaries of the grant - the cancer survivors.  The grant will assist them in their continuing education with the goal of enabling them to have a better future. 

Last February 7, 2020, PGA SOMPO and SJNK Welfare Foundation simultaneously volunteered and spent time with pediatric patients at the Philippine Children’s Medical Center, one of Kythe’s partner hospitals and engaged them in various activities that allowed them to learn, play and experience a sense of normal childhood.
 

2020, the year where the whole world turned upside down. First, unexpected volcanic eruptions, then the sudden death of Kobe Bryant, and now a pandemic the world must face. The series of unforeseen events led to how mankind should think and react in the rapidly changing environment...

PHILIPPINES – The Annual Stockholders’ Meeting (ASM) of PGA Sompo is set on May 28, 2020 at 03:00PM via video conferencing, using Microsoft Teams. A User Guide has been included in the Notice of the ASM.

Click here to view the Notice of the ASM.

PGA Sompo has launched their first ever digital advertisement video campaign titled as “TravelJOY As Easy as 1-2-3” on January 18 to kickstart the promotion of travel insurance products and services using various digital platforms for the year 2020.

The digital advertisement featured Kakai Bautista who is a famous comedienne, singer, actress, and host in the Philippines. Different features of the TravelJOY product was highlighted including the coverage of flight delay, medical expense, hijacking, and others. PGAS took part in the pre-production up to the post-production stage of completing the digital advertisement video. The campaign was launched on different social networking sites such as Facebook, Youtube, and Instagram. A total of 169,566 views was accumulated during the first 2 weeks of the campaign. PGAS will launch more campaigns for this year to further promote new and existing products and services.
 

PGA Sompo has successfully exhibited at the 27th PTAA TravelTour Expo 2020, the most visited travel expo event in the country, on February 7-9 at the SMX MOA Convention Center to promote the TravelJOY product. A total of 367 booths from different travel tour companies, airlines, and travel insurance companies were present at the event.

The event was spearheaded by the Marketing team in collaboration with the other departments as part of PGA Sompo’s plan to reach higher brand awareness and engagement by participating in local events. Attendees who visited the PGAS booth were able to play exciting games for them to win their prizes and avail great travel insurance deals and coupons exclusive to the event. This event also marked the debut of the Sompony Quest game which was developed by RHQ and attendees were able to enjoy this new game as the first players. Sompony the mascot was also a huge hit in the event with several attendees wanting to do a photo op session with him. Overall, the event was a success with PGAS as one of the most visited booth during the expo.