MANILA, PHILIPPINES - SEPTEMBER 2020. Prudential Guarantee and Assurance, Inc. (PGAI), one of the country’s leading non-life insurance companies, partners with Moneymax to make its auto insurance program more accessible to a wider audience. Moneymax's wholly-owned subsidiary, MoneyHero Insurance Brokerage, Inc., is a licensed online broker in the Philippines.
Both companies aim to help Filipinos financially protect their vehicles without leaving the comfort of their homes. This is also part of PGAI’s effort to increase the use of digital processes and expansion of their car insurance services.
DISCLAIMER: Moneymax is a registered company under the legal name Moneyguru Philippines Corporation (MGPC). Its wholly-owned subsidiary, MoneyHero Insurance Brokerage, Inc. (MHIB), is an authorized insurance broker in the Philippines. MGPC does not carry on an insurance business, and all insurance-brokerage activities referred to on this website are carried out solely by MHIB. Click here for more information.
Prudential Guarantee x Moneymax: A Milestone for Both Companies
PGAI, with 41 offices operating nationwide, is the Philippines’ number one non-life insurance company in terms of Net Premiums Written based on the Insurance Commission’s 2017 to 2019 ranking. PGAI offers a complete suite of insurance products such as car insurance, property insurance, and travel insurance. The insurance provider is also an affiliate of PGA Cars, which exclusively distributes luxury auto brands like Audi, Porsche, Lamborghini, and Bentley.
This partnership represents a milestone for both companies: this is PGAI’s first partnership with an online aggregator, while for Moneymax, PGAI becomes its largest insurance partner to date. Indeed, Moneymax is excited to extend the reach of PGAI’s comprehensive car insurance services to its website audience of more than half a million users per month.
Greg Aguilar, Moneymax’s Head of Business Development shares, “We are excited to announce our new partnership with Prudential Guarantee. The partnership will allow Moneymax, as a registered broker, to offer PGAI’s car insurance products on its online comparison platform thereby broadening the selection for our clients. This will also enhance PGAI’s retail customer reach and accessibility. We’re glad to be working with an industry leader in the field of non-life insurance and are excited for the growth that’s to come.”
When asked about the partnership, PGAI Senior Assistant Vice President Rhoda Sharon Alipao shares, “The availability of the Prudential Guarantee Auto Insurance Program on the Moneymax website complements the company’s electronic policy issuance capabilities, which allow services and transactions with policyholders to become more convenient and quick.”
Client Convenience and Safety, Always a Top Priority
Indeed, by having PGAI on the Moneymax website, car owners now have a wider range of car insurance options to choose from. No need to go outside as the whole Moneymax car insurance process -- from comparing, customizing, and paying -- can be done online. Moneymax also offers post-sales support and free claims assistance to make the process of insurance purchase and renewal completely digital and hassle-free.
To learn more about Prudential Guarantee Assurance, Inc., visit www.prudentialguarantee.com, and follow them on Facebook (fb.com/prudentialguaranteeandassurance). Also, don’t forget to visit PGAI's page on the Moneymax website to get a free PGA car insurance quote and to learn more about the partnership.
About Moneymax
Moneymax is the largest personal finance marketplace in the Philippines with over 3 million visits per month. The company drives financial inclusion in the country through its free and impartial online platform that enables Filipinos to compare, apply for, and secure products such as car insurance, credit cards, and loans. Users also receive exclusive rewards on every qualified transaction made through Moneymax.
Promoting financial literacy is core to Moneymax’s mission, and it does so through educational content on its blog, email, and social media channels.
Established in 2014 as part of MoneyHero Group, Moneymax is registered with the Securities and Exchange Commission under the legal name Moneyguru Philippines Corporation. Its wholly-owned subsidiary, MoneyHero Insurance Brokerage, Inc., is a licensed insurance broker in the Philippines.
To know more about Moneymax, browse www.moneymax.ph. For other updates and information, follow Moneymax on Facebook, Instagram, LinkedIn, and TikTok.
DISCLAIMER: Moneymax is a registered company under the legal name Moneyguru Philippines Corporation (MGPC). Its wholly-owned subsidiary, MoneyHero Insurance Brokerage, Inc. (MHIB), is an authorized insurance broker in the Philippines. MGPC does not carry on an insurance business, and all insurance-brokerage activities referred to on this website are carried out solely by MHIB. Click here for more information.
About MoneyHero Group
Founded in 2014 and dual-headquartered in Singapore and Hong Kong, MoneyHero Group, formerly known as Hyphen Group or CompareAsia Group, is a leading personal finance aggregation and comparison company in Greater Southeast Asia, operating in Singapore, Hong Kong, Taiwan, the Philippines, and Malaysia with respective local market brands.
Learn more about how MoneyHero Group connects technologies, empowers people, and builds the future of finance at www.moneyherogroup.com.
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