Oct
2002 1st
Life
Gets International Industry Support
1st
Life President and CEO Peter G. Coyiuto,
CLU (middle) was recognized by Life Insurance Marketing &
Research Association (LIMRA) International in its annual meeting
in Boston at the end of his three-year term as member of the
Board of Directors. Mr. Coyiuto served as Member of the Committees
on Audit and International Advisory beginning 1999.
In photo are distinguished global industry leaders (L-R) with
William L. Tindall, CLU - 2003 Chairman and Sr. Vice President,
Retirement Services of American United Life Insurance Co.
Presenting the outgoing directors Kenneth
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Mcclure, CLU, FLMI - Immediate Past Chair and Sr. Vice President,
Member Acquisition & Relationship Management of USAA LIFE
Insurance Co.; William H. Beckley, CLU, chfc, MSFS - Executive
Vice President for Agencies of the Northwestern Mutual Life
Insurance Co.; and Glenn D. Nicholson, LLIF - Sr. Vice President
& Chief Marketing Officer of Cincinnati Life Insurance
Co.
LIMRA International, the industry's largest and most trusted
resource for financial services marketing information and
distribution expertise, is responsible to the international
membership of more than 800 financial services organizations
around the world.
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July
2002 Top ASEAN Speaker For Agency Conference
1st
Life's Individual Insurance Marketing
Department (IIMD) presented the Andrew Goh lecture series
last July for the second agency conference. Dr. Goh
presented a workshop on customer service excellence
and motivational leadership for the agents and key people
of 1st
Life and Prudential Guarantee Assurance
Inc., a sister company.
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June
2002 1st
Life
Holds An Awards Night For Top Producers
First Life Financial Company, Inc.
(1st
Life) held its traditional awards
night in early July with a grand dinner for agents,
policyholders, brokers and corporate guests at the Makati
Shangri-la Hotel. Senate Majority Leader Loren Legarda-Leviste
and Deputy Insurance Commissioner Vida Chiong headed
the guests who graced the event. Singapore-based Dr.
Andrew Goh, one of Asia's most successful motivational
and management trainers and invited speaker for 1st
Life's mid-year agency conference,
inspired the crowd with his talk on leadership and excellence.
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The
Gawad Kagitingan is 1st
Life's unique award launched in 1993
to distinguish the top company agents in terms of productivity
and persistency of business. The limelight this year is
focused on the ten lady career underwriters receiving
the Gawad Kagitingan distinction.
1st
Life President & CEO Peter Coyiuto
took pride in the feat of the company producers as he
emphasized in his speech that 1st
Life"owes its success in wedding
agents to the concept of life insurance to the fact that
we do not recruit from other companies. " The executive
magnified the ideal of life insurance selling in 1st
Life's vision - to be the country's
leading life insurance company in quality of people, products
and services, growth and innovation, adhering to ethical
standards in the way we operate our business.
In her keynote speech, Senator Legarda espoused the 1st
Life principle as she said "a
great company not only cultivates individual initiative
but promotes competence and a strong ethical sense in
its ranks." Aligning the sentiment to nation-building,
Legarda stressed that the challenge to Filipino leaders
is "to demonstrate strong initiative, strong competence
and strong ethical responsibility for the prospect of
our freedom and the progress of our country "
A departure from past Gawad nights, this year's event
became a multifold gathering as it also brought upfront
the varied international distinction received by 1st
Life's underwriters. Special mention
went to the lady awardees who qualified to the Million
Dollar Round Table (MDRT), the elite association of the
world's best sales professionals in the life insurance
business. Round Table membership is an exclusive honor
that is achieved only by the top 6% career underwriters
from 66 nations and territories, representing about 475
life insurance companies globally.
Featured also were the International Quality Award (IQA)
recipients from the Life Insurance Marketing and Research
Association (LIMRA). The IQA annually distinguishes career
agents who meet specific production and persistency requirements
on a 25-month performance basis. Four ladies were also
applauded for their successful entry to 1st
Life's Activity Club, the company's
annual drive for outstanding performance in terms of activity.
The special evening also introduced the 2002 corporate
audio-visual presentation that captured the history of
the organization. As in previous awards night, an invited
beneficiary relived his experience in testimony of the
goodness of life insurance. |
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June
2002 Visiting China's Top Insurer
1st
Life's Chief officers Peter Coyiuto
and Jaime Santiago met up last June with executives
of Ping An Insurance Company of China, mainland's insurance
giant. In photo are Ping An's Chairman & Chief Executive
Officer Peter M.Z. Ma, Ph. D. (center), Vice President
Helena Wang (extreme left), General Manager C. F. Shen
(extreme right). Ping An dominates the domestic insurance
market with its 28% share of the life business and 10%
of non-life.
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Bee
Happy with 1st
Life
1st
Life becomes the choice insurance
provider for the workforce of Jollibeee Foods Corporation,
the country's leading fast food chain. Under the coverage,
1st
Life will provide life insurance
and disability benefits to the almost 400 employees
of Jollibee. In the signing ceremonies are (seated L-R)
with 1st
Life's Anna Liza T. Reyrao, Manager
for Group Insurancee Jollibee's Robert Poblete, Vice
President for Human Resources; Emily Triunfo, Finance
Services Manager; and (standing) Rosemarie Felipe, HR
Manager.
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May
2002 Bless The Children: A Life Support To Nayon Kids
First Life Financial Company, Inc.
(1st
Life) receives special recognition
for the untiring rehabilitative and developmental support
of its charity scheme Bless the Children (BTC) to Nayon
ng Kabataan (NK) as the Department of Social Welfare
and Development (DSWD) celebrates its 34 years.
Initiated in 1995, 1st
Life's BTC endeavors for several
years now to make a difference in the lives of the indigent
young cared for at Nayon. In the conclusion of its current
campaign that began in September last year, 1st
Life President Peter G. Coyiuto,
CLU and
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Executive
Vice President, Jaime M. Santiago, FSA, FASP, handed
the check for P100,000.00 to DSWD's Alicia R. Bala,
Director - National Capital Region (NCR) and NK's Nelly
C. Miranda, head social worker during formal turnover
rites in its corporate headquarters in Makati City.
"Bless the Children borne 1st
Life's core value of social responsibility
to contribute to the well-being of the Philippine society,"
Coyiuto expressed about the project. He added "we
build a legacy by what we believe in, by who we are
and by what we do to others. We believe that we will
realize in the life insurance business the profound
meaning of legacy with the unique opportunity to give
back, not only to our clients but to the community at
large."
With the contributions from clients and employees, the
BTC helps spread the message of hope and joy in living
for the young through funds that help uplift the amenities
at the shelter. This year's donors are awarded in return
for their generosity a one-year personal accident insurance
worth P50,000 from Prudential Guarantee Assurance, Inc.,
a sister company.
1st
Life lined up a number of activities
with the orphanage during the campaign period including
the book drive, dubbed as "Booklat, as kick-off
ceremony. Employees and agents shared varied literary
materials through this company-wide contribution. A
medical mission was also organized in collaboration
with the EDSA Shrine free clinic volunteers and Unilab
to alleviate the health conditions of the children.
The mission group provided much-needed medical and dental
consultation and treatment for the children and staff
of NK. A Christmas party was also arranged last December
involving all Nayon kids and staff who participated
in various games.
Launched in 1989 as the life insurance subsidiary of
the Coyiuto Group of Companies, 1st
Life is the local pooling network
partner of Swiss Life and Pension Co., the world leader
in employee benefits network, and the international
reinsurance partner of The Dai-ichi Mutual Life Insurance
Company of Japan, the second largest life insurance
company in the world.
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April
2002 1st
Life
Signs Up East West Bank
Adding to the growing number of 1st
Life's partner banks for collection
efficiency is East West. In photo are 1st
Life executives with bank president
Elrey Ramos and Ayala Branch head Nedi delos Reyes.
March 2002 1st
Life Bags International Award For
Agency Leader First Life Financial Company, Inc.'s (1st
Life) Agency Manager Josie T. Gotohio. |
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LUTCF
receives the Career Development Award (CDA) in the recent
GAMA International Management recognition night at the
LAMP Annual Meeting in Orlando, Florida. GAMA 2001-2002
Executive Committee members (L-R) Michael R. White,
CLU, ChFC--Vice President, Charles A. Smith, CLU, ChFC--EVP
& CEO, William D. Pollakov, CLU, ChFC- President,
and Philip C. Richards, CLU, CFP RHU- President-Elect
presented the certificate. A benchmark of success for
life insurance professionals, the CDA recognizes agency
leaders worldwide who exemplify excellence in distribution
of financial services with its qualification criteria
in terms of commission level.
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1st
Life
Bags International Award for Agency Leader
First Life Financial Company, Inc.'s
(1st
Life) Agency Manager Josie T. Gotohio,
LUTCF receives the Career Development Award (CDA) in
the recent GAMA International Management recognition
night at the LAMP Annual Meeting in Orlando, Florida.
GAMA 2001-2002 Executive Committee members (L-R) Michael
R. White, CLU, ChFC--Vice President, Charles A. Smith,
CLU, ChFC--EVP & CEO, William D. Pollakov, CLU,
ChFC- President, and Philip C. Richards.
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CLU,
CFP RHU- President-Elect presented the certificate.
A benchmark of success for life insurance professionals,
the CDA recognizes agency leaders worldwide who exemplify
excellence in distribution of financial services with
its qualification criteria in terms of commission level.
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Feb
2002 Agents Welcome Greatest Insurance Salesman's Progeny
Mr. & Mrs. Marvin Feldman were treated to a special
evening with 1st
Life officers and agents in a welcome
party hosted by top honcho Peter Coyiuto at his residence.
Marvin, son of America's icon in insurance salesmanship
Ben Feldman, was in town for a presentation in the local
life underwriters association's annual gathering last
February.
1st
Life Offers A Degree Of
Prudence With The 1st Scholar while sending
kids to college is one big budget breaker for most Filipino
families, education comes high on the list of priorities
for our working dads and moms. Most parents believe
that being able to provide for a proper education to
their children is one way of building a legacy for the
next generation.
Against the backdrop of tuition hikes, increasing education
expenses, and the next school opening, 1st
Life introduces a new policy that
will help parents ensure the future career of their
children.
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Understanding the need to help the young be more prepared
for life, 1st
Life recently launched the 1st
Scholar, a college education plan that combines life
insurance and an investment fund.
The 1st Scholar provides coverage to the young brood
from ages 0-9 with a guaranteed payment period of only
five years. With the scheme, devoted parents will be
able to save for junior's college degree way ahead plus
the convenience of short-term installments that will
prove easy on the family budget.
Careful planning with the 1st Scholar will provide important
funds for college education at age 16. Benefits also
include an allowance equivalent to one percent of the
sum insured to help defray the cost of books, literary
materials and references. Most of all, parents will
have the added bonus that will give their children the
protection they need with the life insurance coverage
until age 23 that comes along with the fund.
Another issue of the policy is the 1st Scholar Plus
that offers a financial solution to help save for high
school with college education. With the savings forethought
of 1st Scholar, the future career of the youth will
definitely have the financial backing it deserves.
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Jan
2002 1st
Life
Meets With America's Most Admired Life Insurance Company
First Life Financial Company, Inc. (1st
Life), a leading local life insurer,
meets up with Northwestern Mutual Life Insurance Co. (NML),
America's most admired company as ranked by Fortune magazine
for the 18th time. At 1st
Life's recent agency conference in Mimosa,
Pampanga, invited speaker Joseph Meier, CLU, ChFC, General
Agent of NML in Florida shared sophisticated techniques on
agency recruitment and selection along with presentations
in Client Builder, a successful practice of leading companies
in North America. 1st
Life's topnotch agents who subscribe
to the premier global association of most productive sales
professionals prize the rare opportunity to learn more about
the intricacies of life insurance selling from the best.
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