NEWS
Lhuillier named one of year’s Master Innovator by Mansmith Innovation Awards
June 1, 2022 4:25 p.m.
Jean Henri Lhuillier, the President & CEO of micro financial services giant Cebuana Lhuillier, was recently named as a “Master Innovator for 2022” by the Mansmith Innovation Awards, an award-giving body organized by Mansmith & Fielders, the country’s leading training and consultancy company.
Lhuillier was cited for revolutionizing the face of micro insurance in the Philippines—thanks to his ground-breaking work in making micro insurance more relevant in the lives of Filipinos.
Based on the latest statistics, only 53.7M out of 111M Filipinos are covered by insurance. To date, 31% of the insured Filipinos was contributed by Cebuana Lhuillier Micro Insurance, the biggest attributor to date as cited by the Insurance Commission.
Cebuana Lhuillier captured the interest of the market especially from low-income communities by offering affordable micro insurance products that can be easily purchased in any of Cebuana Lhuillier’s over 3,000 branches nationwide, while also putting systems in place for easier claims payout through the same branches.
This was made possible by Lhuillier’s keen support and commitment in the application of tech innovations as a means to augment Cebuana Lhuillier’s wide network of branches and partners nationwide.
“The true mark of being a financially-included Filipino is having access to the most basic financial services that are essential in our everyday lives. This includes protection against illnesses, emergencies, and uncertain situations brought by disasters or natural calamities. For 40 million Filipinos, this is made possible by Cebuana Lhuillier micro insurance,” shares Jean Henri Lhuillier, President & CEO, Cebuana Lhuillier.
Lhuillier adds, “For the past two years, Cebuana Lhuillier focused on its transition as a TechBrick company in order to ensure accessibility and convenience for our clients whenever they avail or use any of our products. We do this by expanding our network reach through physical branches while also taking advantage of proprietary technology through the development of new apps and digital channels that will bring our products and services closer to many Filipinos. In the case of our micro insurance product, we started by making sure it’s affordable and can be easily purchased by any of our kababayans regardless of their stature in life. We then made sure it’s available for purchase nationwide, in any Cebuana Lhuillier branch in the Philippines.”
From these two basic foundations, Lhuillier further expanded by pushing for more tech innovation that further elevated his micro insurance offerings.
This included the unveiling of ProtectNow in 2019, a web-based platform which aggregates the best possible insurance options for their home, auto, travel, and family insurance needs coming from some of the credible insurance companies in the Philippines; the introduction of Claims PayOut Anywhere, which allowed clients to process their claims in any Cebuana Lhuillier branch nationwide; and finally, working together with online market places like Lazada and Shopee which made buying micro insurance as easy as getting as buying something from an online store.
However, it should be noted that micro insurance is just one aspect of Lhuillier’s mission in building a nation of financially-included Filipinos.
Under Cebuana Lhuillier, the country’s number one micro financial services provider, Lhuillier has been the forefront of implementing the “TECHBRICK” strategy, taking advantage of their network of more than 3,000 branches nationwide with 25,000 domestic partner doors, and 3 million partner locations globally and marrying it with technological innovations as a means to further bring the micro financial services industry to the next level.
Utilizing the concept of “TechBrick”, a term Lhuillier coined himself, his vision allowed Cebuana Lhuillier and its products and services such as pawning, money transfer, micro insurance, jewelry selling, along with micro savings, a product of it banking arm Cebuana Lhuillier Bank, to maintain its relevance by ensuring availability and access regardless of channels: whether in brick-and-mortar stores, through the development of super apps, and web platforms.
The synergy between the tech and brick capability allowed Cebuana Lhuillier to empower its clients to move seamlessly and to maximize use of its products and services from offline to online.
For Lhuillier, his push for unremitting innovation remains at the core of the organization as it sets its sights into becoming a more future-ready organization. He adds, “The world and along with it, the needs of our Ka-Cebuanas, are constantly changing and evolving. However, what remains consistent is to ensure that Filipinos remain on track towards financial-inclusion and financial mobility. To that, Cebuana Lhuillier will continue to hold on to its promise of being a partner for every one of our kababayans—constantly evolving, innovating, and maintaining our relevance for the years to come.”
NEWS
Agoda: Cebu is tourist favorite to welcome ‘The Year of the Snake’
10:30 a.m. January 13, 2025
As the Lunar New Year approaches, digital travel platform Agoda unveils Cebu to be the most sought-after destination for international visitors celebrating the start of ‘The Year of the Snake’ in the Philippines. Agoda further reports that, based on accommodation searches made on the platform, Manila is the top-searched domestic destination, with Hong Kong being the most popular among Filipino travelers looking to spend the Lunar New Year holiday abroad.
International travelers are increasingly looking to the Philippines as a Lunar New Year destination, with accommodation searches growing 19% compared to the previous year. The archipelago draws the most visitors from South Korea, United States and mainland China. Cebu, with its world-renowned beaches, marine life, and cultural heritage continues to charm as the top destination for international travelers during the holiday period, with accommodation searches rising 15% from last year.
Domestic travel during the Lunar New Year holiday is also increasingly popular in the Philippines as witnessed by a 52% rise in accommodation searches on Agoda. The most popular destination for domestic travel is Manila, with a nearly 50% increase in searches compared to last year. The capital is a favorite among Filipinos looking to usher in the Lunar New Year in what is said to be one of the oldest Chinatowns in the world, featuring traditional dances, lantern-lined streets and festive fare.
For Filipinos looking to celebrate ‘The Year of the Snake’ abroad, Hong Kong slithers into the lead with a 120% growth in accommodation searches compared to the previous year, overtaking Tokyo. With its impressive skylines and melting pot of cultures, Hong Kong offers an exciting array of festivities including fireworks, parades and performances to usher in a prosperous new year. Overall, outbound accommodation searches increased by 67%, indicating Filipino travelers’ growing desire to spend the holiday period abroad.
Mike Hwang, Country Director, Philippines at Agoda said, “The Lunar New Year holiday is one of Asia’s most popular travel periods and it’s great to see growing interest in the Philippines from international and domestic travelers alike. Cities like Cebu and Manila showcase the wonderful diversity of experiences in the Philippines, from stunning island escapes to cultural festivities in the heart of the capital city. Whether celebrating the new year from the Philippines or traveling abroad, Agoda offers travelers great deals on flights, accommodations and activities to usher in the Year of the Snake.”
The Lunar New Year holiday marks new beginnings and the arrival of Spring, making it a significant travel period as people look to reunite with family and friends. ‘The Year of the Snake’ symbolizes rebirth and transformation and is said to present an auspicious opportunity for embracing self-discovery and exploring new horizons. Known for their association with good fortune, snakes inspire travelers to shed the old and welcome the new — whether by rediscovering familiar places or venturing abroad during this festive season.
Looking at the combined preferences for Asian travelers, Japanese cities in particular emerged as favorites for the Lunar New Year holiday, with Tokyo taking the crown followed by Bangkok (Thailand), Osaka (Japan), Fukuoka (Japan), and Seoul (South Korea).
As travelers prepare to shed the old and embrace the new, Agoda offers exceptional deals for their Lunar New Year holiday on over 4.5 million holiday properties, more than 130,000 flight routes, and over 300,000 activities and experiences that are available on the platform. The latest deals are available in the Agoda app or on agoda.com/deals.
NEWS
PAL Interclub’s return to Bacolod celebrates triumph of human spirit
4:22 p.m. January 10, 2025
When the Philippine Airlines (PAL) Interclub returns to Bacolod next month, the triumph of the human spirit will be at the back of most players’ minds as the last time the event was held there, action at Negros Occidental Golf and Country Club and Bacolod Golf and Country Club was one of the last events held before COVID-19 ground all of sports in the world to a halt within the next few days.
Less than a week after Manila Southwoods and Canlubang won the Men’s Regular and Seniors divisions titles, respectively, that lockdowns were ordered worldwide because of the pandemic that would drag for more than two years.
And from Feb. 7 to 21, the courses formerly known as Marapara and Binitin will again be the venues for the event’s 76th playing where Southwoods shoots for a fourth straight crown and Del Monte a repeat of the upset it posted on home turf last year in Cagayan de Oro and Bukidnon.
“Bacolod has been the site of many memorable Interclub championships and we are sure of having the same keen competition this year,” PAL president Stanley K. Ng said. “As we return to the City of Smiles, let’s also celebrate the triumph of the human spirit through the sport we love as we wish every team the best out there next month.”
Known as the country’s unofficial team golf championship, the Interclub was forced to take a two-year leave because of the pandemic and resumed in 2023 in Cebu where Southwoods again ruled regular play and Luisita dislodged Canlubang.
Seniors action gets going first on Feb. 10, with the men starting their 72-hole championship eight days later.
Competition in the 55-and-over division is deemed to be a wide-open race this year with some of the talents that have beefed up Cangolf and Luisita either begging off or playing for other squads.
Canlubang and Luisita have combined to win a total of 29 titles, with the Sugar Barons holding an 11-5 edge since 2006 after snapping the Luisitans’ six-year reign that started in 2006.
In 24 years, only Del Monte was able to break that dual stranglehold of Senior play, and the Bukidnon-based bets will come to Bacolod with basically the same lineup that posted that upset last year.
NEWS
TCL to Inspire Greatness at CES 2025 with latest products, innovations
4:39 p.m. January 7, 2025
TCL Electronics, a leading consumer electronics brand and the world’s top two TV brands, today announced its attendance at Consumer Electronics Show (CES) 2025 which takes place in January.
TCL has participated in CES for 31 years, during which the brand has consistently showcased its latest innovative display technologies and a full range of smart home products to global visitors.
As a highlight of this year’s showcase, TCL will reveal its innovative QD-Mini LED technologies and products that deliver an unparalleled visual experience.
The display innovations TCL is bringing to CES 2025 are sure to excite both professionals and home entertainment enthusiasts alike. They cover almost every form factor, from professional monitors to in-car displays, mobile phones, tablets, smart watches, smart projectors, and RayNeo AR glasses. TCL will also display its award-winning NXTPAPER technology and officially unveil its revolutionary NXTPAPER 4.0 at CES 2025.
Underscoring its innovations in the AI field, TCL is bringing its latest AI advancements in new product categories as well as partnerships with world-renowned technology brands.
Additionally, TCL will unveil the integration of its smart home ecosystem with intelligent solutions designed to enhance energy efficiency and enrich the user experience, which includes air conditioners, built-in refrigerators, washing machines, smart locks, and mobile routers.
Leading up to Super Bowl LIX, TCL’s partnerships with renowned global partners, including its role as the Official TV Partner of the National Football League (NFL) in the United States, will also be a major highlight of the exhibition.
Through these partnerships, TCL is developing cutting-edge technologies to enhance viewer experiences and engage fans across a range of interactive on-site activities and online campaigns that aim to build global connections and inspire greatness in everyday life.
For more details, please see below:
TCL CES 2025 Press Conference:
● Date & Time: 11:00 – 11:45 AM (PST), January 6, 2025
● Location: Mandalay Bay, South Convention Center, Ballroom E (Level 2)
TCL CES 2025 Booth:
● Date: January 7-10, 2025
● Location: Las Vegas Convention Center, Central Hall, Booth #17704
Agoda: Cebu is tourist favorite to welcome ‘The Year of the Snake’
PAL Interclub’s return to Bacolod celebrates triumph of human spirit
TCL to Inspire Greatness at CES 2025 with latest products, innovations
