After being cited as Euromoney’s 2009 Best Insurer in the Philippines, it was “business as usual” for Pioneer Insurance & Surety Corporation (PISC), one of the country’s top non-life insurance companies. The “usual” though, for Pioneer Insurance is definitely out of the ordinary, as the standard for the team is to constantly aim for higher levels of excellence. Having also been cited by the magazine as Best Insurer for Innovation and Best for Claims Resolution, the team has been challenged to not only maintain but surpass the expectations of its varied client base. In the survey, conducted by the leading journal for international financial markets, 400 risk managers, treasurers and chief financial officers were asked to rank the best insurers around the world. Pioneer Insurance topped the survey as Best Insurer for the Philippines, joining 58 other Best Insurer awardees from other countries. “In an increasingly challenging financial environment, the winners of the 2009 Euromoney Insurance Awards are those that exhibited the ability to innovate, respond to the increasingly complex demands of their clients, and make the best use of the inherent strengths of their organization. Through the insurance survey, the market has recognized the achievements of these institutions in the face of difficult market conditions, which is why the awards are so richly deserved”, said Neil Osborn, publisher of Euromoney. “Our clients have always expressed their appreciation for our ability to resolve claims and for the way we respond to their needs,” states PISC President and CEO David Coyukiat. “The Best Insurer citation is an assurance that we are serving our clients well.” He likewise sees the recognition as a reminder, “to be constantly aware of how we can serve our clients even better in a challenging environment.” Pioneer Insurance has been serving the Filipino for over half a century. This experience, coupled with the drive to be consistently among the top five non-life insurers in the country, makes Pioneer a respected name in the industry. With Euromoney naming it “Best Insurer in the Philippines 2009”, the Pioneer team proudly forges ahead and looks forward to being the industry benchmark for excellence, year after year.
