ExchangeDEX+

Buy Crypto Markets Spot FuturesGOLD Earn Event Center

Digital life insurer Singlife Philippines reported substantial business growth and expansion in 2025, driven by an increasing consumer preference for accessibleDigital life insurer Singlife Philippines reported substantial business growth and expansion in 2025, driven by an increasing consumer preference for accessible

Filipinos Pick Accessible Insurance as Singlife Shows Strong Business Growth

Author: Fintechnews

Source: Fintechnews

2026/02/24 15:39

1 min read

MOBILE$0.0001775-4.05%

Digital life insurer Singlife Philippines reported substantial business growth and expansion in 2025, driven by an increasing consumer preference for accessible mobile-based financial products.

The company recorded a 23% increase in total new business and expanded its customer base by an equal margin over the past year.

A primary driver of this growth was the firm’s proprietary application, which saw policy purchases nearly triple compared to the previous year.

Lester Cruz, the company’s CEO, noted this trend, stating,

To cater to specific local requirements, the insurer introduced new offerings such as Protect From Funeral Cost for end-of-life expenses and the Singlife NextGen’whole life plan.

Additionally, the firm integrated its services with major digital payment platforms like GCash, Maya, and AUB’s HelloMoney, whilst utilising Xendit as a payment gateway to streamline consumer transactions.

Looking ahead to 2026, Singlife Philippines plans to broaden its growth, geographic reach and product portfolio.

It aims to sponsor the Philippine Marathon Majors to encourage wellness alongside financial security.

Featured image: Edited by Fintech News Philippines based on an image by Singlife Philippines.

The post Filipinos Pick Accessible Insurance as Singlife Shows Strong Business Growth appeared first on Fintech News Philippines.

Market Opportunity

Helium Mobile Price(MOBILE)

$0.0001775

$0.0001775$0.0001775

-3.63%

USD

Helium Mobile (MOBILE) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.