Malayan creates Card Protect to secure ATM users

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Malayan creates Card Protect to secure ATM users 06 Medical, dental mission for Tanay folks 08

Transcript of Malayan creates Card Protect to secure ATM users

Malayan creates Card Protect to secure ATM users

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Medical, dental mission for Tanay folks

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Martin D. YuchiocoEditor-In-Chief

Jude Neal Christopher C. Galford IIIEditor

Angel F. FeliciaMark Gregory C. Miranda

Layout and Design

Paula P. OcampoCirculation

The Malayan Magazine is a quarterly publication of Malayan Insurance for its employees, subsidiaries, affiliates, clients, and the general public. Please address all concerns to: Communications Unit, IMC Department, Yuchengco Tower, 500 Quintin Paredes Street, 1006 Binondo, Manila • Tel. No.: 242-8888 local 8647 • Fax No.: 628 8755.

EDITORIAL

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Each one of us holds an important role in the Company.

No less than the President herself, Ms. Yvonne S. Yuchengco, during her 85th anniversary speech, outlined the tremendous part that we play in the success of Malayan Insurance. This symbiotic relationship between the Company and her people, created a common ground to develop success to achieve both corporate goals and individual aspirations.

Here are excerpts from the President’s anniversary speech:

“At the core of this endeavor is having a fully-engaged and passionate employee force, who is both valued by the company, and who values the company. You are the central cog of this challenge.

What is it to be a fully-engaged and passionate employee? In his book, Getting Engaged: The New Workplace Loyalty, author Tim Rutledge explains that “truly engaged employees are attracted to, and inspired by, their work (“I want to do this”) and are committed (“I am dedicated to the success of what I am doing”) to what they are doing.” Fully engaged employees not only contribute more to be able to generate success, but they also are willing to recommend their companies more to their friends and relatives, since a truly engaged employee force will be able to deliver on commitments every time.

Commitment is the backbone of a group or organization. It is what gives our organization strength, and is the secret to engagement. The more committed people there are in our workforce the more effective they are in influencing others, and if a whole group acts as an engaged force there is no obstacle to us achieving our

KEEPING PROMISES FOR 85 YEARS

goals. Let us strive to be a workforce that is aligned in our vision, like metal aligning with magnets, and let us be a workforce that is willing to put in that something extra, that one degree of effort more to be able to make a difference.

Commitment does not usually occur at a moment’s instance. It grows within people over time. Hence, I would like to encourage our officers and managers to “Walk the Talk” of commitment and help Malayan build the engaged and valued workforce. The good news is that we are able to build commitment into our organizations.

Lastly, I wish to highlight the most important of all commitments one can make in our organization, and that is a commitment to our customer. It is the customer who will help us achieve our Vision, as their business is the purpose if all our front-end, back-end and in-between activities. The Japanese word for CUSTOMER is the same word as GOD. A business truly revolves around satisfying the needs of our customer; in the same way we commit ourselves to our GOD, who is the center of our lives. And a very effective way of measuring customer satisfaction is not only in the decreasing number of complaints received, but also in the conservation of accounts, an increase in returning customers, and new, referred customers because our customers know that Malayan stands committed to their non-life insurance needs.

This year, our chairman, Mrs. Dee, has urged us to provide our customers with “SHOCK AND AWE”, which means surprising and delighting our customers with the extra effort and additional degrees of service we can provide. I enjoin each of you to help me mold our company to be a customer-centric organization that puts the welfare of each of our clients ahead.

Commitment to customers may be summed up in two words, which also characterizes what the business of Malayan Insurance is all about: Keeping Promises.“

1st Quarter 2015

MALAYAN MAGAZINE

NEWS4 Malayan Insurance celebrates 85th

Anniversary with New Ad Campaign

5 A.M. Best Affirms Ratings of Malayan Insurance

6 MICO Management Traineee Tops IIAP BNL Class of 2014

7 New Malayan Office Blessing

8 Malayan joins Visit at the Anawin Home for the Aged

10 Earthquake Forum

FEATURES14 Malayan 85th Anniversary Employee

Celebration

16 Malayan Insurance Employee Awardees 2014

17 YGC Forest Visit

18 Gabi ng Parangal: Agents Recognition Night 2015

20 Travel Smart with Malayan’s Travel Master

22 Home Renters Need Home Insurance Too

23 My Malayan Holiday Promo 2015

REGULARS11 Gallery

21 Non-Life Q & A

24 Mind Benders/ MICO’s Lair

25 New Hires

26 Birthdays

27 Quality Policy

CONTENTS

Malayan Celebrates 85th anniversary

with new ad campaign

HONORINGPROMISES

For eighty-five years, Malayan Insurance has been insuring the property and assets of Filipino businesses and families, keeping

a promise of protection during unforeseen events and unfortunate circumstances.

Since opening shop on February 16, 1930, Malayan has steadily climbed its way up, to becoming the country’s number 1 nonlife insurer, holding on that prime position for 45 years consecutively.

What has made Malayan so successful for more than 8 decades?

In celebration of the company’s 85 years, Malayan launched its latest ad campaign called “Promises.”

This campaign – which runs in MICO’s facebook page and other online portals or websites – captures Malayan’s trust as a company, and as a business. It features a one-minute viral

video with four (4) situations showing everyday people keeping their promises to their loved ones, much like an insurance company.

“The campaign “Promises” captures the heart of insurance as a trust business,” said Mr. Bob Ulili, executive creative director of the Philippine Integrated Advertising Agency (PIAA).

PIAA is the lead agency that put together the “Promises” video material which was directed by the renowned director Mr. Nap Jamir.

During the past 85 years, Malayan Insurance has helped assure the confidence of countless clients, for it has built a brand that will endure the test of time – by keeping its promises.

And in so doing, Malayan’s “Promise” has helped build a better world.

NEWS

Malayan Insurance remains one of the most stable nonlife insurers in the Philippines as affirmed by the latest release of global insurance ratings company A.M. Best, covering fiscal year 2014.

Malayan Insurance has retained its financial strength rating at B++ (Good) while its issuer credit rating is retained at “bbb+” with a stable outlook for both categories, according to A.M. Best. Founded in 1899, A.M. Best is the world’s oldest & most authoritative insurance rating and information source.

“Malayan’s risk-adjusted capitalization level, as measured by Best’s Capital Adequacy Ratio (BCAR), is solid and supportive of its current ratings,” announced AM Best in a statement. It added: “The ratings also recognized the continued parental support from the Yuchengco Group in terms of distribution of insurance products.”

Malayan Insurance is a member of the Yuchengco Group of Companies, a diversified conglomerate involved in banking, insurance, construction, real estate, travel and tourism, automotive dealerships, education, information technology and many other businesses.

“The announcement of A.M. Best gives our clients an assurance of our strength and stability, “said Malayan’s head of Integrated Marketing Communications, Martin Dee Yuchioco. “As the only Philippine non-life insurer rated by A.M. Best, Malayan Insurance continues to provide world-class insurance protection to our customers, both corporate businesses, and individual families.”

As Malayan Insurance celebrated its 85th founding anniversary this year, Best’s affirmation of its credit and issuer ratings lends credence to Malayan Insurance’s leading position in the Philippine nonlife insurance industry. The Insurance Commission has ranked Malayan as number one in Gross Premiums Written (GPW) consistently for over four decades, since 1970. Malayan Insurance recorded total assets of Php30.7 billion and a net worth of Php9.6 billion, based on audited 2013 figures submitted to the Insurance Commission.

A.M. Best Affirms Ratings of Malayan Insurance

NEWS

MICO Management Trainee tops IIAP BNL Class of 2014

The Insurance Institute for Asia and the Pacific (IIAP) has named Malayan Insurance Management Trainee Ms. Arisa Salome B. Miranda, valedictorian of IIAP’s 2014 Basic Nonlife Life Insurance (BNL) Course. The Awarding Ceremony was held last February 5, 2015.

Ms. Miranda led 145 awardees from different insurance companies who ranked first, second, and third places in their respective courses. Getting the highest grade among all those who took the BNL Course in 2014, Ms. Miranda was given the spotlight delivering the valedictory address during the ceremony.

“Isn’t it fulfilling to realize that our work gives hope to other people? The next time your friends ask you about what you are doing for work, you know what to say. I’m busy opening doors for new beginnings,” she said in her speech.

Aside from Ms. Miranda, other MICO employees made their mark at their respective IIAP Courses.

MTs Mr. Kevin P. Yabea placed second and Mr. Jasper Jan E. Rosimo, third in their BNL batch, while Ms. Alnie

Marie D. Arban of the Personal Accident Department placed second in her course.

The top two spots for the Intermediate Course on Fire Insurance were awarded to Ms. Charmaine G. Pascual and Mr. Kimpee M. Panganiban, first and second places, respectively. Mr. Panganiban also took the second place in the Advanced Course on Fire Insurance, together with Mr. Czar Anthony G. Colocar who was third place. Mr. Ronald J. Almonte and Mr. Erickson D. Montecillo took the first and second places, respectively, in the Basic Non-Life Insurance Course in Cagayan de Oro City. Getting the third place in the Basic Non-Life Insurance Course in Naga was Mr. Edwin A. Ogao.

The awarding ceremonies were led by Insurance Commissioner Emmanuel F. Dooc, who also conferred the medals to the top graduates.

NEWS

New Malayan Office BlessingMalayan Insurance recently opened a new office to better serve the insurance requirements of its clients and business partners. The new office was located at the Ground Floor of Philamlife Building, Gen. Malvar Avenue, Cubao, Quezon City. The office blessing was held on February 6, 2015 and was graced by Malayan Insurance President Ms. Yvonne S. Yuchengco.

NEWS

MALAYAN MAGAZINE

Other MICO Officers who grace the event were: First Vice President Raul B. Tan, Senior Vice President Cecille V. Huidem, Vice President Marissa H. Dela Cruz and other MICO employees.

NEWS

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Malayan Insurance joins the 2015 Outreach

Activity of the YGC HR Council, a visit at Anawim

home for the aged. The event was held last

March 28, 2015. It was participated in by MICO

employees who decided to allot more than

half day of their Saturday in reaching out to

the abandoned elderly of Anawim. Aside from

personal items and cash that MICO donated,

employees had fun singing and dancing with the

lolos and lolas there. It was life-changing as the

YGC group saw them really longing for people

who make time for them. MICO’s total cash

donation is Php11,170.00.

Malayan joins Visit at the Anawim Home for the Aged

Malayan - Anawim Volunteers

1. Donald Young (Makati Sales Office)

2. Marie Juin Pasculado (TMD)

3. Lheslie Hernandez (RI/Foreign)

4. Angel Felicia (IMC)

5. Sherwin Ngo (IMC)

6. Carmela Reyes (IMC)

7. Roy Maralit (Fire Underwriting)

8. John Edward Salvan (GSD)

9. Maria Clarissa Berja (GSD)

10. Andrea Imperial (GSD)

11. Cecille Huidem (HR & Admin)

12. Georgia Bicos (HRS)

Malayan joins Visit at the Anawim Home for the Aged

Malayan Middle Management Development Program GraduatesMr. Joel Q. Tabing of

Sales and Mr. Jose A. Publico of RI/Foreign

successfully completed the Middle Management Development Program.

The graduation ceremonies was held on

January 27, 2015. Mr. Joel Tabing (left photo)

was Top 10 and the team he led won the Best Presentation Award.

Congratulations!

EarthquakeForumNEWS

A special forum on Earthquake Hazards and Risks was conducted by Malayan Insurance for selected audience last March 3, 2015 at the Delas Alas Executive Dining, RCBC Plaza, Makati City. The forum was organized by Malayan’s Training Department and was attended by Malayan Chairperson Mrs. Helen Y. Dee and Malayan President Ms. Yvonne S. Yuchengco.

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Toyota Insure MOA SigningMalayan Insurance signed a partnership with Toyota Motors Philippines on January 29, 2015 as an official insurer of the Toyota Insure Program. The Memorandum of Understanding (MUA) signing was signed by Toyota Motors Philippines, Malayan Insurance and Charter Ping An at the Manila Peninsula Hotel, Makati City. The Toyota Insure program aims to offer Toyota customers with valuable total insurance protection.

New Officers & Managers LuncheonMalayan Insurance’s new officers and managers had a luncheon with Malayan Insurance President Ms. Yvonne S. Yuchengco last February 25, 2015 at the Makati Sports Club.

EarthquakeForum

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GALLERY

Malayan’s new officers and managers that attended the event are: Mr. Gerry S. Monserrate (Manager), Mr. Arnel M. Cabrido (Manager), Mr. Rogelio M. Noche, Jr. (Second Vice President), Mr. Christopher R. Hernandez (Manager), Mr. Jeffrey C. Pena (Senior Assistant Vice President), Mr. Naoki Yamada (First Vice President), Mr. Ryan S. Hayudini (Manager), Mr. Frederick T. Pineda (First Vice President), Ms. Ofelia P. Yturzaeta (Manager), and Ms. Liza A. Arevalo (Manager).

Shown in photo during the MOA signing are: (Seated, from left) Ms. Yvonne S. Yuchengco, President, Malayan Insurance; Mr. Michinobu Sugata, President, Toyota Motor Philippines Corporation; and Mr. Emmanuel R. Que, Senior Executive Vice President, Charter Ping An.

(Standing, from left) Mr. Paolo Y. Abaya, Chief Operating Officer, Malayan Insurance; Mr. Carmelo Bautista, President, GT Capital Holdings, Inc.; Mr. Yohei Murase, Executive Vice President, Marketing Division, Toyota Motor Philippines Corporation; Mr. Alfred Ty, Vice Chairman, Toyota Motor Philippines Corporation; Dr. David Go, Senior Executive Vice President, Toyota Motor Philippines Corporation; Mr. Ariel Arias, Senior Vice President, Marketing Division, Toyota Motor Philippines Corporation; Mr. Rene So, President, Toyota Dealer Association; and Mr. Robert Yu, Vice Chairman, Charter Ping An.

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GALLERY

MICO Achievers Luncheon with the PresidentFor giving honor to Malayan Insurance, the company’s top achievers in the recent IIAP courses were treated to a sumptuous luncheon with MICO President Ms. Yvonne S. Yuchengco. During the luncheon, MICO’s achievers were joined by their Division Heads. Congratulations to all!

Malayan Board MeetingMembers of the Board of the Malayan Group of Insurance Companies convened on March 6, 2015 for a special Board Meeting held at the RCBC Plaza, Makati City.

GALLERY

Malayan Mentoring ProgramOfficers and Managers of Malayan Insurance attended a Mentoring Program conducted by Ms. Carmen Leonor “Mench” I. Diokno, President & CEO of i-CLD Consulting, Inc., on March 24, 2015 at Grepalife Building, Makati City.

Malayan joins Citibank in PTAA Travel Tour ExpoMalayan Insurance tied up with Citibank for the Travel Master travel insurance product at the PTAA Travel and Tour Expo on February 13 to 15, 2015 at the SMX Convention Center in Pasay City. The expo was the biggest annual event for the travel tourism industry and was a project of the Department of Tourism and the Philippine Travel Agency Association (PTAA).

MALAYAN MAGAZINE

MALAYAN MAGAZINE

Malayan Insurance is now 85 years in the business of nonlife insurance. What a great blessing, indeed, to have helped serve the nation all these years - a promise first spoken in 1930 and a promise that continues to give assurance to countless MICO policy holders up to this day.

MICO was founded on February 16, 1930, in Binondo, Manila.

“Commitment to customers may be summed up in two words: Keeping Promises,” said MICO President Ms. Yvonne S. Yuchengco during her Anniversary keynote speech.

The president also thanked all employees for helping MICO achieve its goals even as she urged everyone to give one’s best to provide and satisfy the needs of all customers.

Happiness

As with MICO’s tradition, the company’s anniversary celebrations started with a thanksgiving mass to

honor the Good Lord for the many blessings these past years.

It was also an occasion wherein Malayan’s top achieving employees were honored and awarded with recognition and cash.

Those who rendered remarkable long hours of extended service were likewise recognized for everyone to emulate, while new employees were given their MICO Pin.

The celebrations will not be complete without the event’s most anticipated climax: the showing and awarding of the MICO-employee video making contest called “Happiness@8-5”.

The jurors awarded the top prize to the “A-Crew” a team of videographers composed of employees from different departments. The second best video was given to the entry from IMC while TMD’s video rounded up the winning entries.

Malayan@85 is a journey highlighted by remarkable achievements in the nonlife insurance industry, but more so, it is a story of promises fulfilled all these 85 years!

Malayan@85!Honoring Promises through the Years

Malayan Insurance Employee Awardees 2014

Loyalty Awards 35 Years of Service Villaroza, Agatona M. Marine Underwriting 25 Years of Service Banzon, Ma. Fidelis L. Business ProcessBarribal, Ma. Fidela M. Honda KalookanDayrit, Leonardo G. CollectionDe Jesus, Marilou M. AccountingLimbo, Estelito T. GSPDOligo, Regidor L. TMDOrozco, Noel C. TSDSapasap, Roel C. PA UnderwritingSibayan, Veronica B. RI AccountingVillaruel, Editha L. BASD 20 Years of Service Ang, Antonio S. Honda KalookanCastillo, Edwin F. Quezon City Sales OfficeCoroza, Wilson E. Quality ServiceFelicia Jr., Rodrigo F. TSDPedraza, Nerisa G. Business ProcessPerey, Shiela R. Cash ManagementSison, Nora L. General SantosSta. Maria, Rosel R. GSPD 15 Years of Service Alcid, Maria Vicenta Lucia M. Learning and DevelopmentBasiana, Edna B. AccountingCenteno, Anthony D. Investment ManagementCruz, Alberto R. EngineeringDela Cruz, Maricel N. Cash ManagementDela Torre, Paulo I. Sales BrokersMartelino, Sheila Marie Paz S. BacolodSoriano, Marlon P. General SantosSoto, Evelyn J. Lower Luzon Area 10 Years of Service Basa III, Jose A. Investment ManagementBucog, Wyian C. CebuCristal Jr, Rodel U. HondaDela Cruz, Reynard L. Budget and ControlMariano, Casimiro S. CabanatuanNipas, Virginia D. Cash ManagementPasculado, Marie Juin B. TMDPinlac, Ma. Sigrid R. LegalSalcedo, Aldwin S. GSPDSan Buenaventura, Rod P. TSDSantos, Mirasol A. TMDTanpueche, Lanie S. Lipa Individual Awards

Perfect Attendance Angeles, Arlon Cash ManagementEncinareal, Ava Jean LegaspiLimbo, Estelito GSPD

Perfect Punctuality Ablay, Ronie CebuAguilos, Roanne Underwriting DivisionAlcantara, Rolito LagunaAlmazan, Mary Pauline Business Application SystemsAlonso, Emelyn DavaoAmurao, Rowena RI Accounting

Ang, Jan Raymond ClaimsAngeles, Arlon Cash ManagementBacay, Nona LagunaBarcheta, Denise Ann Cash ManagementBarcheta, Norman Branches ManagementBatac Jr., Jose Fire UnderwritingBecaldo, Roger TMDBriones, Rose Ann RI AccountingBuen, Bryan Allan CaviteBulawan, Perlie RI AccountingCaballero, Bricks Bryan LexCarrascal, Zenaida TMDCenteno, Anthony InvestmentConcepcion, Rodrigo ClaimsCoroza, Wilson QSDDabon, Mercio Jr TMD-CebuDayrit, Leonardo CollectionDela Cruz, Ma Conchita TMDDionisio, Leonora ClaimsDucon, Enrique Vicente Marikina Sales OfficeEncinareal, Ava Jean LegaspiFlores, Renato Makati Sales OfficeFrancisco, Charmane TMDLaguyo, Carmi Flor LaoagLimbo, Estelito GSPDLuces, Hilda TMDMillan, Cherill Mae DavaoMolina, Lowell VMROMonterola, May Hydee CollectionOrozco, Noel TSDOrtega, Lyben TMDPalisoc, Ellorde GSPDParas, Bianca Ana DagupanPascual, Anna Melissa GSPDPineda, Kathlyn Makati Sales OfficePublico, Rowena CollectionRamos, Elaine ContollershipRosario, Orly CebuSalvan, John Edward GSPDSamonte, Vanessa TMDSantos, Danilo Joseph CollectionsSo, William Montgomery Marine UnderwritingSupnet, Ephraim Internal AuditTigno, Emily TMDVelasquez, Mari Rose Makati Sales OfficeVillanueva, Giovanni Business Application SystemsVinluan, Rossanna Joyce Business Application SystemsViray, Ervil GSPDYoung, Donald Wyndy Makati Sales Office Extra Hours Raganas, Raul Zamboanga Libres, Adnel Cagayan De Oro Oligo, Regidor TMD - Policy IssuancePiedad, Jennifer Toribio, Teresita Cash Management Divisional Awards

Extra Hours 1st: Business Information Technology 2nd: Tokio-Marine3rd: HR and Admin

Best in Attendance Business Information Technology

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FEATUREThe second round of the YGC Earth Care Program Ocular Year-2 was held last February 20,

2015. The trees planted by Malayan Insurance volunteers, as well the volunteers from other YGC companies, continue to grow and thrive.

The team discovered that the trees are now much taller and stronger.

The YGC Earth Care Program is a 5-year Tree Planting activity to revive the forest in Laiban

Dam in Tanay, Rizal that started in 2011.

Top Agents feted at Annual Recognition Night

Sapphires. Diamonds. Precious Gems.

Elegance!

It was the Malayan Insurance Annual Agent’s Night and it was a night marked with opulent brilliance, a fitting recognition to the men and women who made Malayan Insurance truly the country’s leading nonlife insurer.

Indeed it was special.

A night to remember for ages; a night of glamour, music and lasting memory.

“This night is doubly special, because we are also celebrating our company’s 85th anniversary. Thank you to each and every one of you for contributing to our long and fruitful journey of excellence,” Ambassador Alfonso T. Yuchengco said in his keynote address. “This is our legacy – an unwavering commitment to stand by our mission to provide our clients the needed support when it matters most, in times of calamities. This has led us to attain the leadership position in the industry. This has led us to continue to be the top non-life insurer for nearly half a century,” he said.

The Annual Agent’s Night is Malayan’s way of honoring its most loyal and productive agents who have entrusted us with their business. Since 1997, this annual recognition is a much-anticipated event which has become more glamorous each passing year.

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FEATURE

MALAYAN MAGAZINE

For this year’s event, the theme was sapphires and diamonds to highlight MICO’s 85th year anniversary, whose success could not have been made possible without the help of its most trusted and most loyal agents.

A night to remember The very well-attended event was held at the opulent Manila Polo Club inside Forbes Park, Makati City. MICO agents truly appreciated a sumptuous dinner and a night regaled by the crooning voice of the Philippines’ premier balladeer, Mr. Chad Borja.

Everyone had a great night listening to Chads rendetion of timeless disco tunes and ballads, were his looming voice, pitch-perfect falsettos and high-energy grooves. When the entertainment settled, Chad’s band had a blast, but more so, MICO and its agents were enthralled.

It was a success. But that’s not all.

RafflesThis year’s Agent’s Night was truly one to remember. MICO gave away vintage Thomson radio – well a replica of the original Thomson radio – to each top performing agent and they loved it. Fun prizes were also given away in the raffle draw where a high-tech transistor, an internet camera, an LED TV and plenty of gift certificates were given away.

More than the gift items, it was the camaraderie, the experience, the gathering of like-minded winners, that made the night a truly magical celebration of success!

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The perfect time to enjoy the sun, relax, and have fun with your family and friends is here. By this time,

you probably have your itineraries ready, but are you sure that your well-planned trip will not be dampened by travel inconveniences?

Whether you will be traveling by air, land or sea, be sure to get reliable travel insurance for added peace of mind.

Malayan Insurance, the country’s number 1 nonlife insurer, offers travel insurance package that provides covers for unforeseen situations that may subject you to financial loss during your travels – from trip cancellation to medical emergencies.

Known as Malayan’s Travel Master, it offers financial peace of mind especially in cases of emergencies while traveling. Its personal accident coverage provides indemnity for accidental death, dismemberment, disablement, and accidental burial. It also provides access to various emergency and medical travel assistance such as emergency evacuation, prescription assistance, and emergency message transmission through

Travel smart with

its local and global emergency network centers.

If your trip needs to be cut short due to serious sickness or injury, Travel Master lets you recover the unused portion of travel and accommodation expenses that are paid in advance and are non-refundable.

With Travel Master, you may also enjoy more activities with peace of mind as it offers medical treatment and assistance services for accidents resulting from extreme sports activities. Its personal liability coverage also shoulders expenses brought about by accidentally hurting someone or damaging another person’s property. Travel Master covers domestic and international trips. It can be purchased easily and conveniently right after you buy your ticket or book your flight. It is also Schengen compliant, which is a requirement in getting a visa for travel to Europe.

Always take your travel preparations seriously. Be a smart traveler and get Travel Master, whether for your own safety or for your valuables.

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FEATURE

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WHAT IS PENDING OR PRIOR LITIGATION DATE?This is the reckoning date where any pending or prior suits or demands are limited to the “Pending or Prior Litigation Date” stated in the Policy Schedule. This means that this ought to exclude existing claims, pending or prior proceedings against the D&O.

WHAT IS TERRITORIAL LIMIT? JURISDICTION?Territorial Limit is where a covered Wrongful Act is committed. Where a Company is dealing with international clients, it is advisable to purchase a “Worldwide Territorial Limit”. Similarly, for Jurisdiction, where the legal action can be brought in an overseas jurisdiction, worldwide cover is an option.

WHAT IF THE D&O OF “COMPANY A” IS ALSO A D&O IN “COMPANY B”, WILL THERE STILL BE COVERAGE?Where any of the Director or Officer occupies a directorship position in “Company B” and the latter is considered to be an Outside Entity, then this must be declared to the Insurer before a coverage is provided. However, on certain conditions, this can be automatically covered, provided that the Outside Entity, where any of the Director or Officer of “Company A” occupies a directorship position, is a non-profit organization and does not have listing of any of its securities on any exchange, in any country.

WHAT IS ENTITY COVER?Essentially, D&O policy is triggered if a Claim is brought against the Director and the Officer. If the Claim is brought against the Company itself, it is not covered unless there is an Entity Cover. This is extended on specific matters only and is not an automatic cover, i.e. Securities Claims, protection for Critical Occurrences, and Employment Related Matters.

Know YourD & O LIABILITY INSURANCE(PART 2)

WHAT ARE THE MAJOREXCLUSIONS?a. Property Damage and Bodily Injury Claimb. Professional Indemnityc. Product Liabilityd. Pollution Liabilitye. Intentional Acts, Dishonesty and Fraudf. Insured vs. Insuredg. Major Shareholder Claimh. Fines, Punitive Damagesi. Pension Fund Liabilityj. Outside Directorshipsk. Known Circumstancesl. Failure to Secure Insurance

WHAT ARE THE UNDERWRITING INFORMATION REQUIRED?a. Duly accomplished, signed and dated D&O Application Formb. Annual report or audited financial statementsc. Claims informationd. Declaration on any press releases

HOW CAN A D&O POLICY PROTECT LIABILITY EXPOSURES ARISING FROM FUTURE AND PREVIOUS SECURITIES OFFERINGS?• A D&O policy can be extended to provide coverage for Wrongful Acts in connection with any future securities offering activities and when a prospectus will be issued. Wrongful Acts shall include any misstatement, misleading statement, neglect, breach of duty or trust in relation to any document, including any prospectus or information memorandum issued by the Company in connection with such offering.• For previous securities offering, coverage can be extended by the Insurer provided that the offering occurred more than 12 months prior to the policy inception date or, if the offering took place in less than 12 months prior to the policy inception date, the issued share capital of the Company immediately prior to the listing or placement should be less than 20%.

NONLIFE

Home renters need insurance tooHomeowners can fall back on insurance in case of emergencies due to natural and man-made disasters, but how about individuals who are renting their place of residence?

Renters or tenants, like homeowners, surely own a great deal. They own high-tech gadgets and appliances, antique furniture, jewelries, and clothing. These assets, also called contents (of a home, condo unit, or apartment) must be protected in case there is fire or destroyed by flood.

The essence of having home insurance is to have protection from the financial effects of fire, earthquake, flood, and even from burglary.

Malayan Insurance, for example, offers a reliable home insurance suited for property owners and renters called Home Protect Plus. Aside from offering financial protection for the property and its contents in case of fire, the it also offers third-party liability, which is not usually found in regular property insurance cover.

Other benefits of Home Protect Plus includes provisions for damages resulting from fire and lightning, vehicular impact, housebreaking, and malicious damage. In case of a fire, Home Protect Plus also has alternative or temporary accommodation benefits to help the victims secure a temporary shelter or accommodation such as hotel room for several days.

Home insurance should not be overlooked and undervalued by renters. They need to protect what’s under their roof just as much as homeowners.

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FEATURE

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Big, big prizes await our agents as Malayan Insurance launches “My Malayan Holiday Agent’s Rewards Promo 2015.”

What makes this promo very exciting is that aside from local and international travels, two brand new cars are to be raffled off among qualified agents.

“All MICO accredited licensed agents are encouraged to collect and remit full payment of premiums regardless of their credit term within the promo period,” said Brands Management Head Nadia Forte.

There are two basic requirements to be eligible for the rewards promo: first the agent must show an increase of 25 percent from his or her previous year’s net premium production, and second, the agent’s Net Paid Premium production (NPP) must be at least one million pesos.

“Once the agent hits the required premium and paid production, he or she will be automatically entitled to join a group travel tour package,” said Ms. Forte.

There are three levels of qualification: Level 1 – for agents with NPP of PHP 1M-4.99M – is a trip to Boracay Island. Level 2 – for agents with NPP of PHP 5M-9.99M – is a trip to Jeju Islands, South Korea. Level 3 – for agents with NPP of PHP 10M and above – is a trip to Osaka, Japan.

All trips -- 3D/2N for local and 4D/3N for international -- an all-expense paid holiday.

“An NPP is defined as net of policy cancellations, endorsements and refunds as of December 31, 2015. Net Premium Production includes both the renewal and new business generated and paid within the promo period and Post-dated checks (PDC) payments are not included in the promo period covered, which is from January 1, 2015 – December 31, 2015,” said Ms. Forte.

But there’s more!

Every one million peso NPP will automatically earn the agent an electronic raffle ticket for a chance to win one of the two Honda cars to be given away – a Honda Brio and a Honda Amaze.

Those with three million NPP will get 2 e-raffle coupons and those with more than five million NPP will get 3 e-raffle tickets.

“But the maximum is three e-raffle tickets to give every agent a fair chance of driving home a brand new Honda”, Ms. Forte said.

Promo posters and flyers can be found in all Malayan Insurance branches nationwide.

MAlAyAn lAunChes new ProMo for AgenTs

1. ODD PLATE?

WTHMNMKLXTXVHKLU

SDQCCFGRKJOPSSPB

ANSWER: HKLU and KJOP - both contains vowels in their respective groups

2. ODD WORD? A car, a man, a macara Borrow or rob Deified Party trap Senile Felines

ANSWER: A car, a man, a macara – all the others are palindromes

MIND

BENDERS

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Congratulations! Mr. Emmanuel V. Moneda Jr. of Acturial

Deapartment, our 4th quarter winner.

MICO’S LAIR

3. IS THIS REALLY ODD?

O, E, O, E, R, E, X, N, T, E?

4. A SIMPLETON

7734 3954 9862 8454 9804

ANSWERS TO THE ASSORTED PUZZLES OF ODDITY:

1

11

21

41

31

ANSWER: E – this is the last letter in the number sequence zero to nine ZERO, ONE, TWO

….NINE

ANSWER: 9862 – all the others add up to 21

25

NEW HIRES

1 Mary Joy P. Alvarado Branch Clerk Cebu2 Jeramie C. Antier Field Sales Representative-Cebu

FNAC3 Jorge Arnel A. Aparente Risk Inspector General Santos4 Francisco A. Azul IV Field Sales Representative-Bgc

FNAC

5 Sheryl B. Baranda FSR FNAC6 Jenssen T. Bermudez Roving Cashier Cash Management7 Iris Karen M. Carlos Underwriting Specialist Fire Underwriting8 Charlene P. Catchillar

Marketing Assistant FNAC

9 Paulo M. Cualteros Product Brand Specialist IMC-Marketing Services10 Melanie Gayle M. De Leon Collection Assistant

Collection

11 Kristoffer O. De Leon Sr. Auditor Internal Audit12 Marlyn B. De Llamas Field Sales Representative-Batangas

FNAC13 Dane Rollan A. De Los Santos Audit Manager Internal Audit14 Jesicca R. Delos Angeles Sales Clerk Chinatown Sales Office

15 Michael Anthony L. Diego Broker Affinity Clerk IMC16 Mary Rose C. Gatchalian

Department Secretary Office of the TMD Head17 Jennifer A. Guibao Claims Clerk Lex Services18 Ryan S. Hayudini Unit Head Claims-Motorcar

19 Lheslie D. Hernandez RI Clerk RI/Foreign Subsidiaries20 Anne Marie D. Lacson FSR FNAC

21 Ben Joseph P. Maming Customer Service Representative

FNAC22 Joseph Lorenz S. Mendoza Jr. Account Executive Direct & Dealership23 Nicolas Greg J. Meneses FSR-Iloilo FNAC24 Neridee B. Mojica Branch Servicing Unit Clerk Cash Management

25 Carlo M. Ortega Branch Clerk Davao26 Christoper B. Oting FSR-Tuguegarao FNAC27 Rodelyn L. Panganiban Associate Lawyer Legal28 Marievic S. Pedrosa Branch Clerk Cebu

29 Alvin B. Pila Underwriting Associate TMD-Underwriting-Property30 Frederick T. Pineda Division Head Financial

Management Division

35 Herald H. Serena FSR-Cavite FNAC36 Jennifer P. Serrano FSR FNAC37 Ray-An O. Servales Collection Assistant Collection38 Joane Karol C. Sison Jr. Account Executive

Chinatown Sales Office

31 Jinky C. Plazo Jr. Adjuster Claims-Motorcar32 Rhea O. Pura Field Sales Representative FNAC33 Christian F. Rowy Underwriting Clerk Motorcar Underwriting34 Alyssa May C. Santos Actuarial Assistant Actuarial

39 Mika Feng U. Sortijas Field Sales Representative-BGC

FNAC40 Marynel S. Sularte

Underwriting Clerk Motorcar Underwriting41 Eunice B. Tia Underwriting Clerk Motorcar Underwriting42 Kaye Rick M. Tumulac Audit Staff Internal Audit43 John Reymond A. Uy Releasing Clerk Makati Sales Office44 Mae Lienel G. Vargas

Underwriting Clerk Motorcar Underwriting45 Regine A. Velasquez Data Encoder Tokio Marine-Policy Issuance46 Ayanna Noelle H. Villanueva FSR-Northern Mindanao FNAC

1 2 3 4 5 6 7 8 9 10

11 12 13 14 15 16 17 18 19 20

21 22 23 24 25 26 27 28 29 30

41 42 43 44 45 46

31 32 33 34 35 36 37 38 39 40

MALAYAN MAGAZINE

BIRTHDAYS

26

MAY1 VERONICA B. SIBAYAN RI ACCOUNTING3 MARYNEL SULARTE MOTORCAR UNDERWRITING4 KAYE RICK M. TUMULAC INTERNAL AUDIT5 CARMELITA C. ADORIO CAUAYAN5 NORMAND ALLAN B. ABRAHAM FNAC5 LORIE MAE G. VELASQUEZ LIPA6 ERIC J. CERA REGULATORY AFFAIRS & LICENSING6 ANNE GERMAINE D. RAMOS ENGINEERING7 ALICE BERNADETTE F. BERJA HR SERVICES8 DONNIE REY M. PESTANIO LEX SERVICES8 GLENN WARREN B. NAVEA LEX SERVICES8 SARAH JEAN F. LUCERO FNAC8 RICHARD A. GUBAT BUSINESS APPLICATION SYSTEMS8 PRINCEZ G. OBRERO QUEZON CITY SALES OFFICE8 PRINCESS VALERIE B. TIMBREZA BAC9 NOLI A. GERONIMO RI ACCOUNTING9 ALEGRIA R. CASTRO CONTROLLER10 BRIAN L. ROBLES TMD-PRODUCTION10 ROBERT NIELDEN U. MARFIL TMD-POLICY ISSUANCE10 MARI ROSE V. VELASQUEZ MAKATI SALES OFFICE10 ERLYN R. CAIBIGAN IMC-MARKETING SERVICES11 TERESITA M. TORIBIO CASH MANAGEMENT11 CHARMANE B. FRANCISCO TOKIO MARINE-CLAIMS12 EMMANUEL T. GOTLADERA CLAIMS-CORP. MARINE/ENGINEERING12 LARAENA C. LAZO LAOAG12 MARCO E. REYES BAC14 NICHOLE C. CHAN IMC-MARKETING SERVICES15 MARILOU M. DE JESUS ACCOUNTING15 NERISA G. PEDRAZA BUSINESS PROCESS15 ANTHONY D. CENTENO INVESTMENT MANAGEMENT15 MARIONE F. MIRANDO FIRE UNDERWRITING16 NORMAN D. BARCHETA BRANCHES MANAGEMENT16 RENGEE L. PUNZALAN FIRE UNDERWRITING16 CHERRY MAE B. SENO TAGBILARAN17 MARIA THERESA D. CABIGAO CASH MANAGEMENT17 DAISY A. CANCIO REGULATORY AFFAIRS & LICENSING17 MICHAEL P. MARZAN BUDGET AND CONTROL18 HELEN Y. DEE OFFICE OF THE CHAIRMAN18 NELSON C. MARANAN LEX SERVICES18 MIKA FENG U. SORTIJAS FNAC19 CECILIA A. AFUANG REGULAR PROJECTS19 LIZA P. SUMULONG SALES-BROKERS19 RYAN P. MOJICA CLAIMS-MOTORCAR20 LOWELL L. MOLINA VMRO20 ELMER M. GARCIA FNAC20 JOANNE S. DELA CRUZ ACTUARIAL20 IRENE A. DIZON MAKATI SALES OFFICE20 FLORENCE C. AUSTRIA DIRECT & DEALERSHIP20 JERAMIE C. ANTIER FNAC21 MARY N. GRAYCOCHEA LA UNION21 GARRY I. CARINGAL LEX SERVICES21 JAY-R D. SAJONA SURETY21 LOVIE MAE P. PANGANIBAN DIRECT & DEALERSHIP21 MARY JOY M. MACASINAG CALAMBA22 MICHAEL A. OFUGI TMD-PRODUCTION22 SHIELA RITZIE D. GARCIA DIRECT & DEALERSHIP22 MARIESTELA EMILY A. ISIP DIRECT & DEALERSHIP23 DIVINA GRACIA C. PATAWARAN BAC23 VENUS M. ROMANO LEX SERVICES23 MARCELITO P. QUEZADA COLLECTION24 CHRISTINE MAE G. CADAG BAC25 ISRAEL N. ROSETE SURETY25 MARIA LORNA S. FLORES TMD-POLICY ISSUANCE25 MICHELLE R. ANDRICO BACOLOD25 PRINCE MARO A. ABUT INTERNAL AUDIT25 JASPER JAN E. ROSIMO LEARNING & DEVELOPMENT25 MAE LIENEL G. VARGAS MOTORCAR UNDERWRITING26 MICHAELANGELO A. REQUIJO TMD-PRODUCTION26 JOJIE C. GEPANA DAVAO27 MARGIE LAURENCE O. QUESADA HR SERVICES27 LYCA MAY S. RONGCO DIRECT & DEALERSHIP27 DEE ROSE L. DELA CRUZ DIRECT & DEALERSHIP28 SHEILA MARIE PAZ S. MARTELINO BACOLOD28 ALDREEN U. COLUMBANO ARM28 SARAH JANE R. MENDOZA DIRECT & DEALERSHIP28 MARK ANGELO T. ALCANTARA MISCELLANEOUS CASUALTY28 EMMANUEL M. DUERO CLAIMS-MOTORCAR29 MARY ANN T. LOGARTA QUALITY SERVICE29 BRYAN ALLAN C. BUEN CAVITE29 DANE ROLLAN A. DE LOS SANTOS INTERNAL AUDIT30 JODEL L. GABUDAO TMD-UNDERWRITING-PROPERTY30 JOHANN CHRISTIAN L. BALAGTAS CHINATOWN SALES OFFICE30 NERIBETH V. ABLANDO DIRECT & DEALERSHIP31 JOEL M. LAT SALES-BROKERS31 ROMEO B. PASCO BUSINESS APPLICATION SYSTEMS31 MABELINDA M. CAPULONG ACTUARIAL31 ROSSANA JOYCE U. VINLUAN BUSINESS APPLICATION SYSTEM

JUNE1 DONALD WYNDY F. YOUNG MAKATI SALES OFFICE2 JAYSON T. CABILDO INTERNAL AUDIT3 ANTONIO S. ANG HONDA-KALOOKAN3 JOEL Q. TABING BRANCHES MANAGEMENT4 ANTONIO M. RUBIN OFFICE OF AMR4 MAILA D. CULLANAN CAUAYAN5 JENNIFER ELAINE R. ACIERTO TMD-UNDERWRITING5 YVAN ROI C. LATOZA DUMAGUETE6 DECILYN V. TELAN FNAC7 ARLENE Q. CALIMAG UNDERWRITING II7 EMELYN T. ALONSO DAVAO8 MARIANNE E. ALLAGO OFFICE OF THE COO8 RHEYLAN F. YABUT MOTORCAR UNDERWRITING8 BEN JOSEPH P. MAMING FNAC9 MARICON D. ARCANO TMD-PRODUCTION10 MARGIE B. LANUZA INTERNAL AUDIT10 EDDIE B. MADELO GENERAL SANTOS10 KIM YSAAC A. FLORES MAKATI SALES OFFICE10 ARISA SALOME B. MIRANDA LEARNING & DEVELOPMENT10 CHARIFE M. CASTRODES CLAIMS-RETAIL/PA11 MA. FELISA L. PESIGAN IMC

11 JAY BERNABE D. SALCES TAGBILARAN11 SHERYL B. BARANDA FNAC12 HENRY R. REGLA CLAIMS-MOTORCAR12 ARGENE MAE R. GUMABAY BUDGET AND CONTROL12 REINA LUALHATI Q. LANGUBAN CAUAYAN13 JOCELYN L. MACAVINTA HR SERVICES13 DEXTER G. RAZON CALAMBA13 WILLIAM V. CHAVEZ FNAC13 MARLYN B. DE LLAMAS FNAC14 WILFREDO E. CRISOSTOMO JR. BAC14 MARY JANE T. PETALIO FIRE UNDERWRITING16 KARLO ALVARO A. DIMAPILIS SALES-BROKERS16 ERIC S. BOBADILLA TECHNICAL SERVICES16 JANINE P. MAGADIA FIRE UNDERWRITING16 JOAN Q. PALOMA CAGAYAN DE ORO17 HAZEL T. OLAZO FNAC17 BENJAMIN II P. GALANG CASH MANAGEMENT17 NEQUIEL LIZA B. RODRIN FNAC18 VANESSA C. SAMONTE TMD-CLAIMS19 JANICE P. ORAIN FNAC20 FRANCIS KHIM P. CONVENTO CLAIMS-MOTORCAR21 RHODA C. ABELO ALABANG SALES OFFICE21 JOYCE ANN R. GUDES DAVAO21 HANNA KRISTINE C. MONTALBO CLAIMS-MOTORCAR21 JAWEL A. FUERTES CASH MANAGEMENT22 PAULINO P. DE GUZMAN COLLECTION23 VINCENT JOHN A. CARLOBOS TMD-POLICY ISSUANCE24 REGIDOR L. OLIGO TMD-POLICY ISSUANCE24 JOHN DENNIS M. FERNANDEZ TOKIO MARINE-CLAIMS24 MARY JOY R. ESTORES DIRECT & DEALERSHIP26 VIRGILIO H. LUCIDO MOTORCAR UNDERWRITING26 KIMPEE M. PANGANIBAN FIRE UNDERWRITING27 OLIVER S. TITO FNAC28 RAUL M. BUENAMENTE UNDERWRITING DIVISION28 AMEREY HANNEY B. BALLAO FNAC28 CHITO T. SARMIENTO RI/FOREIGN SUBSIDIARIES28 JONA HERA A. ANG CASH MANAGEMENT28 ARTHUR L. SANTIAGO II CLAIMS-MOTORCAR29 LEO EMIL ALBERT D. TAN SALES SUPPORT29 JENELYN J. MATANDAG BUDGET AND CONTROL30 LORELIE R. LICERALDE FNAC30 KATHLEEN E. PUNZALAN FNAC30 JAMIL BERNADETTE J. CRUZ FIRE UNDERWRITING

JULY 1 EDNA B. BASIANA ACCOUNTING1 HEIDEE C. RESPICIO DAVAO1 KATHLEEN P. FONTANILLA CLAIMS-MOTORCAR1 MONIQUE A. RODOLFO CLAIMS-MOTORCAR2 OFELIA P. YTURZAETA COLLECTION4 JENNIFER B. JAVIER BAGUIO4 RIZALINA C. ALCOBER FNAC4 RODELYN L. PANGANIBAN LEGAL5 EDWIN A. OGAO NAGA5 LEONISA M. SANTOS BRANCHES MANAGEMENT5 CECILLE V. HUIDEM HR & ADMIN5 RENNET G. LABARTINOS SALES SUPPORT5 FRANCISCO A. AZUL IV FNAC6 ALICIA M. RAMALLOSA CLAIMS-MOTORCAR7 CHRISTOPHER T. DE JESUS INTERNAL AUDIT7 CATHERINE T. AVILES LEX SERVICES8 RODEL U. CRISTAL JR. HONDA-MANILA8 ALMA P. PENALOSA CLAIMS9 ROANNA J. CRUZ CLAIMS-MOTORCAR9 AYR AINNIE D. ALEJANDRO ACTUARIAL9 MARIA SUSANA C. ALGARNI CASH MANAGEMENT9 ANNA MARGARITA C. PERALTA MISCELLANEOUS CASUALTY10 LLOYD L. MENDOZA TECHNICAL SERVICES13 JONALYN R. RIUS TECHNICAL SERVICES13 FELIX ENRICO P. MANUEL III SURETY13 CHARLENE C. NADUA ENGINEERING14 JOSE F. BATAC JR. FIRE UNDERWRITING14 MENNENDE L. SEVILLENO FNAC14 BEN B. GUBAT TECHNICAL SERVICES14 JO ANNE G. JIMENEZ DIRECT & DEALERSHIP14 MAYDEE C. OBAL DIRECT & DEALERSHIP14 BRENDA B. CANETE BAC15 BABY LYN T. DE OCAMPO OFFICE OF THE PRESIDENT15 SPRING YETCY B. DE LA REA MOTORCAR UNDERWRITING15 JULIE ANNE CHRISTY A. PADILLA LEGAL15 PRINCESS ROSE F. FABELLAR HONDA-MANILA16 MIRASOL A. SANTOS TMD-PRODUCTION16 JAMIE CHARMAINE S. CONCLARA BINONDO SALES OFFICE17 MARICEL T. ECHON PA UNDERWRITING17 MARY ANN R. BORRES INTERNAL AUDIT17 LHESLIE D. HERNANDEZ RI/FOREIGN SUBSIDIARIES18 MARLON Q. TACALAN FNAC18 CEZSSANE GEZIRA H. SANTIAGO SALES SUPPORT18 RIZZA LARA A. KIAMCO MARINE UNDERWRITING18 CHARLES ENRICK C. CAJAN DIRECT & DEALERSHIP18 CHARLENE P. CATCHILLAR FNAC19 IGNACIO C. OBAOB ARM20 MARLO P. QUINTO CLAIMS-MOTORCAR20 MARLON M. MANALAD BUDGET AND CONTROL21 GENER N. CADAG CLAIMS-MOTORCAR21 MARICEL G. JALAPIT CEBU22 RACQUEL LORRA A. DANCEL QUALITY SERVICE23 MELISSA V. CESIBAN CEBU24 FRANCISCO P. DAGOHOY BRANCHES MANAGEMENT24 EILEEN JOIE V. TRIAS SALES SUPPORT25 WALDO RAY A. TRAVIEZA ARM26 LEAH U. LUMBRES RI ACCOUNTING27 MA. LUZ L. CATILO ILOILO27 FLORANTE K. PARTOSA DUMAGUETE28 TRACY ANNE E. VILLADELREY FIRE UNDERWRITING29 GALE ANNE D. DIZON CASH MANAGEMENT30 ARLENE T. SISON MOTORCAR UNDERWRITING30 RENATO P. FLORES MAKATI SALES OFFICE30 MARK ANTHONY F. PANGANDIAN CABANATUAN30 BEN M. CALIMAG JR. TUGUEGARAO30 ARMINA A. DILAO SALES-BROKERS31 ARNIE R. ROSARIO INTERNAL AUDIT

27

THE YGC CORE VALUES