by Penny Angeles-Tan | Jul 6, 2018 | Sports
Jr. NBA finalist Jam Lachica (center) with AXA chief customer officer Amor Balagtas (right) and coach Dick Gawat
If you ask Jam Lachica, 12, a young girl and an avid basketball player, how she ended up being selected among 800 players during the Jr. NBA Philippines presented by Alaska Regional Selection Camp, Jam will tell you right away that it was because of her coaches, including her dad Jaylord Lachica and school coach Joseph Rizos.
As a budding athlete, Jam was always influenced by her father’s interests, including basketball, which led to her love for the sport. Since the age of six, she would tag along with her father’s barangay leagues and closely observe the game. “Lagi akong sinasama ni Papa sa mga laro niya, kaya ginusto ko na rin matutunan yung basketball,” she said.
Fast forward to 2016 when Jam first joined the Jr. NBA Regional Selection Camp wherein she competed with several skilled female players her own age. However, she missed her chance to progress to the camp’s second day after she left to support her dad’s championship game in Quezon City.
But just like a true champion, Jam got back up and tried again in 2017. Knowing that she had been chosen on her first try, the shooting guard had a little more confidence, but unfortunately, she failed to make the cut. “Ginawa ko naman yung best ko para makuha ako ulit kaso madaming ibang magagaling,” she said.
Jam admits to feeling disappointment and in fact, did not consider joining this year’s camp. However, her dad didn’t lose faith and together with coach Rizos encouraged her to join again. Surprisingly, 2018 seemed to be Jam’s lucky year – with the help of AXA, the official insurance partner of the NBA in the Philippines, she had the support that she needed to succeed.
Jam was selected as one of the 16 girls that would represent Metro Manila and compete with peers from the provinces at the National Training Camp. All the hard work and long training hours were worth it. “Sobrang saya at thankful ako na may na-meet akong coach na nag-motivate sa akin to do my best. Buti nalang nandiyan si Papa para bigyan ako ng pag–asa,” she said. After all, third time’s the charm.
With AXA providing proper coaching and support, along with her father and coach’s help, she is now one step closer to reaching her dreams. “Si Papa ang best coach ko. Basta nandiyan siya, kaya kong abutin yung mga pangarap ko,” she said.
AXA Philippines, one of the country’s leading insurance companies, empowers people to live better lives by encouraging them to have a game plan, whether it’s in sports or in the hard court that is life.
AXA believes that preparing for the future is important so that people can live the life they choose. For more information on AXA’s wide array of life and general insurance and investment products, visit www.axa.com.ph.
by Penny Angeles-Tan | Jul 5, 2018 | Business
In 2016, a fire in Benguet made headlines as it destroyed a warehouse — one that was owned by entrepreneur Kenneth So, and one that provided stable jobs for a lot of workers. So and his team, some of them very loyal employees that had been with him for a long time, could only watch as years of hard work went up in smoke in a matter of hours.
So was grateful that the insurance company he chose — AXA Philippines through its general insurance subsidiary Charter Ping An — swiftly came to his rescue and went the extra mile to process his claim promptly so he could get back on his feet as soon as possible.
So’s business, Granville Corporation Supply Holdings, is a strong player in the competitive supply chain industry. The company plays a key role in the logistics and distribution of fast moving consumer goods across key markets. So employs 400 people to ensure prompt servicing of customers.
The fire destroyed Granville’s four-storey warehouse in La Trinidad, Benguet, and millions of pesos in inventory. Fortunately, So had the foresight to get a comprehensive fire insurance coverage from leading global insurer AXA. His loyal staff also rallied together during a truly trying time. The company is now slowly but surely recovering.
The ease and speed with which So was able to receive his insurance claims and the attentive and dedicated service he received from AXA helped ease his burden. “Now, our warehouse is being rebuilt,” So says. “This is the start of a new beginning.”
So’s experience with AXA is proof of AXA’s unwavering commitment to its customers, backed by superior financial strength and worldwide reach, to be there when it is most needed. It assures clients like So, whose employees and their families count on for their livelihood, can live the life he chooses — free from uncertainty and anxiety, no matter what challenges he has to face.
For more information, visit www.axa.com.ph today.
by Penny Angeles-Tan | Jun 12, 2018 | Advocacy
Thomas Buberl, AXA CEO
AXA, the leading global insurer, reaffirms its commitment to sustainability as it joins the fight against climate change. Thomas Buberl, AXA CEO, announced several initiatives and decisions that are to be set in motion in the areas of investments, divestments, and insurance.
“As a global insurer and investor, we know that we have a key role to play and are proud to have taken these decisions and to have inspired others,” said Buberl. “In the spirit of the Paris Agreement, we want to accelerate our commitment and confirm our leadership in the fight against global warming.”
In the investments front, AXA aims to reach Euro 12 billion in green investments by 2020, which is four times the 2015 achieved target of Euro 3 billion. This accelerated target is twice as high as the recommendation of the United Nations Framework Convention on Climate Change, which is to invest 1% of assets into green and clean technology by 2020.
In the area of Divestments, AXA decided two years ago to divest Euro 500 million from the coal industry, targeting companies, which derive over 50% of their revenues from coal. Today, AXA has decided to increase its divestment to a record fivefold or Euro 2.4 billion, this time targeting companies that derive more than 30% of their revenues from coal, have a coal-based energy mix that exceeds 30%, actively build new coal plants, or produce more than 20 million tons of coal per year.
Similarly, AXA also announced the divestment of over Euro 700 billion from the main oil sand producers and associated pipelines, signaling the discontinuation of investments in these businesses.
In the field of Insurance, AXA said that as a group, it would no longer be insuring new coal construction projects as well as main oil sands and associated pipelines.
AXA has also partnered recently with the International Finance Corporation (IFC) in spearheading an innovative USD 500 million fund to support climate related infrastructure projects in emerging countries.
AXA is currently the second largest life insurance company in the Philippines, based on Total Premium Income. Since 1999, AXA has focused on life insurance and providing solutions for savings and investments, health, education, income protection, and retirement. It pioneered bancassurance operations in the Philippines, which is the distribution of insurance products through banks.
by Penny Angeles-Tan | Jun 8, 2018 | Business
AXA Philippines chief human resource officer Jaspreet Kakar discussed how multinational companies build and sustain talent during the recent Talent Management Asia Conference 2018 at the SM Aura SMX Convention Center in Bonifacio Global City, Taguig.
Addressing fellow human resource practitioners, Kakar shared how AXA takes care of its employees:
- by giving importance to purpose and culture;
- empowerment through decentralized decision-making; and
- embodiment of the agile mindset by encouraging active collaboration with one another.
AXA Philippines is one of the country’s leading insurance companies. For more information, visit www.axa.com.ph.
by Penny Angeles-Tan | May 30, 2018 | Lifestyle
Insurance can be a confusing or intimidating subject because of the technical terms as well as many misconceptions about it. AXA Philippines, one of the country’s leading insurance providers, dispels some of the popular myths about insurance by giving basic facts to help you make an informed decision.
Myth 1: Insurance is expensive.
Fact: Insurance products are designed for different needs and therefore, vary in costs depending on the coverage. Online calculators and speaking with a financial advisor can help you figure out the right plan for your needs and budget.
Myth 2: Young people do not need insurance.
Fact: Getting insurance while you are young is ideal since premiums will be much cheaper. You are also usually less prone to develop medical conditions that can drive up premiums. Policies will be more expensive the older you get and the longer you wait.
Myth 3: Poor health makes you unqualified for coverage.
Fact: Some insurance companies like AXA can cover a range of health conditions that may be excluded in other health plans. AXA’s health coverage can include minor illnesses as well as critical conditions like heart attack, stroke, and cancer.
Myth 4: The group life insurance or HMO coverage provided by your employer is enough.
Fact: While company insurance can be a great help, it might not be enough to cover your family in the long run. Your employer might get you a life insurance equal to 1-2 times of your annual salary, but you could lose it if you leave your job. Having your own personal insurance policy can help ensure that you and your family will be sufficiently provided for financially.
Myth 5: It’s better to save my money in the bank than to buy an insurance policy.
Fact: You can always do both. With insurance products, you can ensure that your loved ones will be protected in case something happens to you. Some life insurance products, like AXA’s MyAmbition, even allow you to invest your one-time payment so your money can grow. Best of all, it’s available online!
Whatever decision you make regarding insurance, it’s always good to be well-informed. Talk to a financial coach who can answer all your questions and can also recommend the product that best suits your needs.
Connect with an AXA financial advisor via www.axa.com.ph/appointments.
AXA Philippines, one of the country’s leading insurance companies, empowers people to live better lives by encouraging them to have a game plan, whether it’s in sports or in the hard court that is life.
Fact: Insurance products are designed for different needs and therefore, vary in costs depending on the coverage. Online calculators and speaking with a financial advisor can help you figure out the right plan for your needs and budget.
Fact: Some insurance companies like AXA can cover a range of health conditions that may be excluded in other health plans. AXA’s health coverage can include minor illnesses as well as critical conditions like heart attack, stroke, and cancer.
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