Insular Life Chair challenges employees to be disruptors
“The goal of innovation in an organization is to empower employees from all levels to be able to provide meaningful solutions that will impact the company and the community at large.”
These are the words of Insular Life Executive Chairman Nina D. Aguas, as she issued a challenge to employees to be disruptors during the Company’s innovation conference.
Dubbed as Innovating Solutions for the International Pinoy (ISIP), the conference was the second such event that Insular Life convened in a span of less than a year. The goal of this activity was to immerse the Insular Life community in new trends in technology, innovation, and the importance of digitalization.
Ms. Aguas, in her speech, noted that rapid developments in technology and business models are forcing companies to adapt to these changes. Good companies, she said, let their employees ride the tide; but great ones allow their people to create the waves themselves.
“We need to develop significant cultural and mindset adjustments,” she said. “Early this year, we embarked on a dual strategy of intensifying our core businesses to remain financially strong and competitive and for the institution to remain relevant and fit for purpose to the future.”
Among the powerful speakers and industry captains were Union Bank of the Philippines (UBP) Chairman Justo A. Ortiz, who talked about UBPs transformation journey; Harvard and Yale-educated techpreneur Manny Ayala, who discussed emerging trends in startups; and Singapore-based venture capitalist Justin Hall, who talked about the future of financial technology and where the big opportunities will come.
After the plenary sessions on digital transformation, financial technologies and the startup world, employees were also given the choice to attend breakout sessions that piqued their interest in topics such as: Intrapreneurship & Solving Problems; Digital Sales & Branding; Fintech, Blockchain & Bitcoin; and Design Thinking & User Experience.
The breakout session speakers were Mynt Vice President for Marketing Chris Manguera; Storm Learning CEO DM Varun; Style Compass founder Abbie Victorino; Machine Ventures CEO Shahab Shabibi; and Qwikwire founder Ray Refundo.
Hundreds of Insular Life employees gathered at its Alabang headquarters for ISIP. The conference was livestreamed so that employees from its branches nationwide and those who could not physically attend would not miss the talks from some of the country’s top leaders in innovation and technology.
Insular Life Executive Chairman Ms. Nina Aguas, left, presents the visual summary board to UnionBank Chairman Mr. Tito Ortiz, moments after his digital transformation talk. With them is Insular Life Head for Innovation Ms. Fam Alonto.
Other News & Press Releases
With a career that spans decades, Megastar Sharon Cuneta has shown that thriving in a highly competitive industry requires more than talent. It also demands self-reinvention and continuous learning.
The Insular Foundation, the corporate social responsibility arm of Insular Life (InLife), recently celebrated its 54th anniversary by treating its scholars to an immersion of Philippine arts and culture at the Ayala Museum. It also spearheaded an art workshop and history lecture in partnership with the Ayala Foundation.
Critical illnesses such as cancer, heart attack and stroke come without a warning, often needing huge amounts for treatment, and derailing one's life. Resilience, InLlife's critical illness plan, can help put one's life back on track.
The Insular Foundation has partnered with the local government of General Tinio, Nueva Ecija and the Philippine Bamboo Foundation (PBF) for a sustainable environment project.
Insular Life (InLife) has improved its sales performance, jumping from 7th place at the end of the first quarter of 2023 to 5th place at the end of the first half of this year in terms of its New Business Annualized Premium Equivalent (NBAPE).
InLife received a Four-Golden Arrow Award during the ASEAN Corporate Governance Scorecard (ACGS) and Corporate Governance Scorecard (CGS) Golden Arrow Recognition Ceremony. The award, given by the Institute of Corporate Directors, is a testament to the Company's good governance. InLife is grateful to its policyholders, agency force, employees and stakeholders for the trust, and promises to uphold integrity, accountability and transparency at all times.