SUN LIFE FINANCIAL, LAZADA SIGN DEAL:

Sun Life Financial Inc. and Lazada have signed a first of its kind partnership in the Philippines that will make it easier for Filipinos to purchase insurance online. Starting in July, Sun Life’s new personal accident insurance product, Family Armor, will be available to Lazada members through its online shopping website. Family Armor is the first product of its kind to be sold on Lazada.com.ph. Lazada members can purchase and activate an insurance product completely online, eliminating the need for physical documents to be delivered and submitting the forms to a customer center. In photo are (from left) Sun Life chief digital partnerships and Fintech officer Teodoro Pineda, Sun Life chief strategy and financial management officer Benedict Sison, Sun Life chief executive officer and country head Riza Mantaring, and Lazada Philippines chief executive officer Ray Alimurung.