Sun Life looks to provinces for growth, says CEO


Posted at Jan 21 2019 10:24 AM

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MANILA – Sun Life Financial said Monday it was growing "significantly" in the Philippines thanks to its push to the provinces which helped the insurance provider weather inflation and rising interest rates.

Sun Life is also looking at ramping up its partnership with Lazada to sell more investment products online, said its CEO and country head for the Philippines, Benedict Sison.

"We’ve expanded our geographic reach to make our products more available to Filipinos. Instead of just focusing on Metro Manila we have provincial expansion where a lot of the wealth is generated," Sison said.