FWD Insurance Joins Up with MCX Tollway, Inc. Opening FWD - Muntinlupa-Cavite Expressway (MCX) for a faster journey to your Destination
Traffic! The most popular word that we hear on our daily journey that has affected so many people in going to work, school, or home. It's an issue that we all wish to end. We have to leave so early in the morning even if it takes too much of our sleep hours just to avoid traffic.It does not just affect our business, but also a risk to our health.
Well, here's one great news that I'm perfectly sure a lot of you will benefit like going to Daang Hari road from SLEX!
FWD Life Philippines (FWD Insurance), part of pan-Asian FWD Group, and AC Infrastructure Holdings Corporation (AC Infra), fully-owned subsidiary of the Ayala Corporation (AC) announced their Expressway Sponsorship Program which unveiled the newly renamed FWD-Muntinlupa-Cavite Expressway(MCX) last December 7, 2019.
The FWD-MCX, serves as a crucial artery between Muntinlupa and Cavite—connecting the South Luzon Expressway (SLEX) to Daang Hari, Cavite and regularly serving thousands of motorists and commuters. With this newly signed agreement, the first of its kind for a Philippine insurer, FWD Insurance seeks to elevate the expressway as a symbol of the nation's "Road to Progress".
Used by more than one million cars a month, the FWD-MCX has shortened what was once a 20-minute drive from Daang Hari road to SLEX to only a three-minute journey.
Champoning Economic Progress; Insuring FWD-MCX Motorists
As part of this initiative and to celebrate its fifth anniversary in the Philippines, FWD Insurance will be providing one-year accidental insurance to 500 customers with ₱500,000 coverage to align with the insurer's continuing efforts to protect more Filipino lives and secure their and their loved ones' financial peace of mind.
"The FWD-MCX contributes to economic progress by enabling businesses to expand their geographic market reach outside of Metro Manila," FWD Insurance Chairman of the Board and Former Ambassador to the USA Jose L. Cuisia, Jr. said. "The expressway serves as a critical route for their operations and opens up opportunities for them to serve immediate local communities.
Peter Grimes, President and Chief Executive Officer of FWD Insurance, said, "This is an exciting new venture for FWD and we're proud to pioneer a program that has never been done by a Philippine Insurer."
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| left to right: Mr. Peter Grimes, President and Chief Executive Officer of FWD Insurance; Mr. Noel Kitanar, Chief Operating Officer of AC Infra andPresident of MCX Tollway, Inc.; Mr. Jose L. Cuisia, Jr., FWD Insurance Chairman of the Board and Ambassador to the USA. |
Noel Kitanar, Chief Operating Officer of AC Infra and President of MCX Tollway, Inc. is optimistic about their partnership with FWD Insurance. "I am confident that through this agreement, we continue to provide a safe and convenient access to residents of south Metro Manila as this part of the metro emerges as a business and lifestyle hub," Kitanar said. "More importantly, in collaboration with FWD Insurance, we hope to contribute in efforts to drive local economies forward.FWD Insurance in the Last five Years and "The Road Ahead"
The FWD-MCX is not only a road to us at FWD, but a notable landmark that stands as a testament to innovation and how far FWD has come in the last five years," Amb. Cuisia said. "Since starting operations in the Philippines in 2014, we have achieved numerous milestones, becoming one of the country's fastest-growing insurance companies and, more recently, consolidating our place as a top-ten insurer."
"We're excited to tough more lives as we play a role in building a more connected and progressive society," Grimes added. "Much like how the newly unveiled FWD-MCX stands as a symbol of progress—now and in the future—we aim to encourage Filipinos everywhere to progress by empowering them to live life to the fullest, followed by our customer-led product innovations as part of our vision to change the way people feel about insurance."
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