Cebuana Lhuillier, GIZ, and AXA Philippines launch first microinsurance for MSMEs

(Clockwise from top left) Jimmy Loro, GIZ RFPI Asia senior advisor; Rahul Hora, AXA Philippines president and CEO; Jonathan Batangan, PJ Lhuillier Group of Companies vice president and group head; and Dr. Volker Steigerwald, GIZ programme director during the MicroDRI Project Microbiz Protek, Jr. product launch.

The Philippines ranks ninth in the world among  countries with extreme weather events in the 2020 World Risk Index, according to the Congressional Policy and Budget Research Department by the House of Philippine Congress. When natural disasters and calamities strike, micro, small, and medium enterprises (MSMEs) are one of the most vulnerable segments.

Since MSMEs make up the majority of businesses in the Philippines today, Cebuana Lhuillier, one of the country’s leading microfinancial services company, has teamed up with AXA Philippines, one of the country’s leading insurance providers, and the German Development Cooperation / Deutsche Gesellschaft fürInternationaleZussamenarbeit (GIZ) GmbH (GIZ), to unveil its newest microinsurance product, the MicroBiz Protek Jr., which will help insure microenterprises against typhoons, floods, earthquake, lightning, and fire for an annual premium as low as P172.

Cebuana Lhuillier, Jean Henri Lhuillier haul multiple business recognitions at the 2021 Golden Bridge and International Business Awards

CONTINUOUSLY STRIVING FOR EXCELLENCE. Cebuana Lhuillier is consistently aiming for excellence in its services, management and business campaign, gaining acknowledgements in 2021 Golden Bridge and International Business Awards. Seen here is Cebuana Lhuillier’s President& CEO Jean Henri Lhuillier posing with the awards garnered from a past Stevie Awards and Golden Bridge Awards cycle.

Cebuana Lhuillier bagged several prestigious honors for business innovation, excellence in management, and social campaign from two international award-giving bodies, recently. The country’s leading and largest microfinance service provider has again proven its excellence in the industry receiving 13 awards from the 13th Annual Golden Bridge Awards (Globee Awards) and 6 awards from the 2021 International Business Awards (Stevie Awards).

Cebuana Lhuillier’s President and CEO Jean Henri Lhuillier was recognized for his excellence in leadership, winning five gold Globee Awards, including Innovator of the Year, Lifetime Achievement Award, Maverick of the Year, Entrepreneur of the Year, and Executive Achievement of the Year. Furthermore, he also won four Gold Stevie Awards and one Silver Stevie awards in the following categories: Executive of the Year – Consumer Services, Executive of the Year – Financial Services, Lifetime Achievement Award – Business Products Industries, Lifetime Achievement Award – Consumer Services Industries, and Entrepreneur of the Year – Financial Services, respectively.

Cebuana Lhuillier International Payout Cash Panalo Promo concludes with senior citizen taking home PHP1M grand prize

Cebuana Lhuillier International Payout Cash Panalo winner Rosita Guerrero Nisperos recently received her winnings from Cebuana Lhuillier La Union Area Head Alan Paul Ramirez (left) and Deputy Area Head Jade Eulalio (rightmost). Joining her is husband Vuenabentura Nisperos.

A former asin vendor who used to peddle her wares along the streets of San Fernando, La Union emerged as the lucky winner of Cebuana Lhuillier’ year-long International Payout Cash Panalo Promo. Rosita Guerrero Nisperos, 62 years old, emerged victorious out of millions of entries to take home the One Million Pesos grand prize tax-free.

Cebuana Lhuillier International Payout Cash Panalo, which ran from March to December 2020 in all 2,500 Cebuana Lhuillier branches nationwide, is the company’s way of showing its appreciation to the millions of OFWs working hard across the globe, by providing accessible financial services to their beloved families back in the Philippines.

“OFWs have always served as the unsung heroes of our local economy, and have always served as the strength and backbone for many of their families here in our country. At Cebuana Lhuillier, we are happy to serve as a partner in ensuring that the fruits of their hard work and labor, their hard-earned money, will be received quickly, safely, and efficiently by their families in the Philippines, no matter where they may be,” Cebuana Lhuillier president & CEO Jean Henri Lhuillier said.

Lhuillier advocates further professional development for Cebuana Lhuillier employees; brings IVY Teams to PH

 

True to his commitment of providing better education opportunities for people, Jean Henri Lhuillier, the president and CEO of microfinancial services giant, Cebuana Lhuillier has enlisted the help of IVY Teams also dubbed as The Social University in providing Cebuana Lhuillier’s more than 8,000 strong workforce access to learning tailor-fit for professional development.

IVY Teams is a social university that brings the campus experience where it becomes possible for users to connect with other learners from various backgrounds and establish meaningful relationships while learning important ideas, grow professionally and make impactful choices that last a long time.

“Our implementation of the IVY Teams for our workforce is a strong step toward professional development within the organization and it aligns perfectly with our company culture of innovation. We hope that this venture into further transformative learning will be more than beneficial for Cebuana Lhuillier employees,” said Jean Henri Lhuillier.

5 million Filipinos now have Cebuana Lhuillier Micro Savings

 

There are now more than 5 million Filipinos who have a Cebuana Lhuillier Micro Savings account. This landmark achievement by Cebuana Lhuillier Rural Bank (CLRB), the banking arm of the leading micro-financial services company in the country, Cebuana Lhuillier, comes after the launch of the leveled up Cebuana Lhuillier Micro Savings product in December of last year. 

“We are elated that there are more and more Filipinos every day who are realizing the importance of saving and are taking charge of their future. It is very exciting that these 5 million Micro Savings account holders are not only on the first step to financial wellness, but because of our amped up product, are also Financially Mobile individuals.” said Cebuana Lhuillier President and CEO, Jean Henri Lhuillier.

The Cebuana Lhuillier Micro Savings was launched in February 2019 as a basic deposit account that eliminated the need for numerous documentary requirements and maintaining balance or dormancy charges. The product was made available at Cebuana Lhuillier’s more than 2,500 branches as it acted as CLRB’s cash agent. 

Wise Investments for the post-pandemic world

 

The pandemic has indeed forced everyone to make wiser financial decisions. People nowadays need to ensure that they make the right investments for the unforeseeable future. 

As with any expense though, choosing what to invest in requires some good financial decision-making. Remember that whatever is bought and saved for now should also be useful once this pandemic is finally over.  Here’s a quick helpful guide for potential investors:

Cebuana Lhuillier's services can now be done from home

In the past year, we’ve seen how businesses have switched to digital platforms due to the community quarantine. Many have come up with innovative ways to ensure that they are able to provide their basic services to people at home. One of them is Cebuana Lhuillier, which is one of the most accessible pawnshops in the country with 2,500 branches nationwide. 

To further make themselves more accessible, they launched Cebuana From Home (CFH), a platform that gives clients 360-degree access to Cebuana Lhuillier’s services—from cash remittance to pawning. 

Here’s a quick rundown of CFH and how the platform can help the general public.

Cebuana Lhuillier insurance arm transforms into brokerage, ensures accessibility for Filipinos

Brokerage makes insurance accessible for Filipinos Cebuana Lhuillier has transformed its 20-year Cebuana Lhuillier Insurance Solutions, Inc. to Cebuana Lhuillier Insurance Brokers, Inc. (CLIB), effectively becoming an insurance broker, to provide Filipinos with better access to more inclusive and affordable insurance. In partnership with insurance providers, CLIB will offer life and non-life insurance products through more than 2,500 Cebuana Lhuillier branches and 6,500 domestic partner outlets nationwide. The products will be offered digitally through the eCebuana mobile app, digital insurance marketplace ProtectNow, and online stores Lazada and Shopee. Photo shows Insurance Commissioner Dennis Funa (center), flanked by Cebuana Lhuillier Senior Executive Vice President Philippe Andre Lhuillier and President and CEO Jean Henri Lhuillier, unveiling the CLIB at the “Move with the Future” event in Shangri-La, Makati City. Joining them are Cebuana Lhuillier Insurance Brokers First Vice President and Group Head, Jonathan Batangan, and Cebuana Lhuillier First Vice President and Integrated Marketing and Communications Group Head Michael Sena

Cebuana Lhuillier, the country’s largest microfinancial services provider, has introduced a new insurance brokerage companyCebuana Lhuillier Insurance Brokers, Inc. (CLIB) that aims to help provide Filipinos with better access to more inclusive and affordable insurance products and services.

2018 data from the Insurance Commission reveals that almost 40 million or only 37% of the country’s 105 million total population are covered by insurance. Further highlighting how getting insurance can be a challenge, owing to most Filipinos ineligibility for insurance, the inaccessibility of products, and high cost of premiums.

Search for the Happiest Pinoy 2018 begins; P1 million grand prize at stake

Happiest Pinoy. Cebuana Lhuillier has launched the fourth edition of the Search for the Happiest Pinoy, introducing ten new categories to enable resilient, optimistic and hopeful Filipinos from all walks of life to join the year-long search which promises a total of P1.5 million in cash prizes to the country's happiest Pinoys. Photo shows P.J. Lhuillier, Inc. (standing, from left) First vice president and IMC group head Michael Sena, president and CEO Jean Henri Lhuillier, senior executive vice president Philippe Andre Lhuillier, and First vice president for Cebuana Lhuillier Insurance Solutions, Foundation, and Business Solutions Jonathan Batangan. Joining them are 2015 Happiest Pinoy Richardson Navor and 2012 Happiest Pinoy Rommel Arellano.

The country’s largest microfinancial services company, Cebuana Lhuillier, has formally opened this year’s Search for the Happiest Pinoy. The competition celebrates the Filipinos’ indomitable spirit of resilience and positivity and gives honor and recognition to outstanding Filipinos that best represent these values.