PGAI strengthens auto insurance program

Prudential Guarantee 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.

Both companies aim to help Filipinos to financially protect their vehicles without leaving the comfort of their homes.

This is part of PGAI’s effort to increase the use of digital processes and expansion of their car insurance services.

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 an affiliate of PGAI Cars, which exclusively distributes luxury auto brands like Audi, Porsche, Lamborghini and Bentley.

This partnership represents a milestone for both companies, and this is PGAI’s first partnership with an online aggregator.

On the part of Moneymax, PGAI becomes its largest insurance partner to date, which makes it 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.

“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,” said Moneymax Business Development head Greg Aguilar.