Ms Yvonne Yuchengco is the vice chairperson of Malayan Insurance Company, one of the largest non-life insurance companies in the Philippines. She led the company for 25 years as its president and CEO before taking up her current role in July 2019. Under her leadership, Malayan Insurance has consistently maintained pole position in the market in terms of GWP.
Women’s empowerment has been a subject close to her heart and she was instrumental in drawing up a partnership between Malayan Insurance and the IFC in 2018, for a gender-based programme with the objective of increasing women’s access to risk mitigation and financial protection solutions in the Philippines.
Ms Yuchengco’s passion for innovation and to address women’s needs saw Malayan Insurance launch the ‘We Women’ programme, which offers innovative non-life insurance and lifestyle solutions to women in the Philippines. The programme ensures that women have access to the assistance they need for the challenges they face as entrepreneurs, professionals and as heads of families. The programme today encompasses a wide range of activities that help women cope with various life challenges.
The programme’s website shares motivational and inspiring content to further empower women.
With her vision to create a safe and gender sensitive society, Ms Yuchengco organised a number of gender sensitivity training workshops for employees and agents of Malayan Insurance. These workshops, apart from helping attendees understand and respect the role of women in society, also focused on the contribution and value of the ‘We Women’ programme.
For its gender sensitivity training initiative, Malayan Insurance won the ‘Best Good Company Initiative’ award at the Tokio Marine Insurance Group 2019 Asian Awards in 2019.
Under her leadership, Malayan Insurance has been supporting women groups that work in creating a better world for women in the Philippines. Ms Yuchengco strongly backs the government’s initiatives towards financial inclusion and gender-based programmes and remains passionate and committed to making an insurance-led difference in the lives of others.