Pioneer’s Microinsurance Business Grows 300% from 2010 to 2011

Pioneer has reported growth in their microinsurance program from 2010 to 2011. From 160,000 enrollees in these programs in 2010, the number grew by 300% and is close to half a million at the end of 2011.Pioneer Life President and CEO Lorenzo Chan attributed this progress first and foremost to the company’s willingness to be a pioneer. He cited the group’s ability to foresee and respond to market demands. This has been formed in part by its expertise in life and non-life insurance which allows customization of coverage packages.

Ateneo-Pioneer Debate Team Wins

Pioneer recently sponsored the Ateneo High School Debate team as they flew to Malaysia for the Asian Schools’ Debating Championship 2012. With the sponsorship,3 teams of 3 members competed with 38 other schools from Asian countries and were among 222 debaters who comprised 76 teams from 13 countries.

Pioneer Sponsors Triathlon

Pioneer recently participated in the Century Tuna 5150 Triathlon held at Subic Bay, where 450 hardcore athletes competed with one another in a 1.5 km swim, 40 km bike race and 10 km run last June 24, 2012. Pioneer provided Personal Accident cover for the entire event and included P10,000 worth of PA cards in each of the participant’s kits.


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