OONA Travel Insurance now available via Globe’s prepaid roaming offers, giving seamless protection in every journey

The partnership gives Filipinos access to up to P1 million travel insurance coverage for only P199

MANILA, PHILIPPINES – Following their previous combined efforts to bridge more Filipinos to accessible and affordable insurance, Oona Insurance expands its initiatives once more with leading mobile phone provider Globe Telecom – this time to offer travel insurance through the latter’s account management platform, GlobeOne.

Taking the next step in their long-term partnership, Oona through the GlobeOne app has now embedded their travel protection directly into consumers’ prepaid roaming journey – adding a layer of ease and convenience in every individual’s travels.

With this added offer, customers can now purchase Oona’s Travel Insurance through the GlobeOne App, ensuring they’re protected wherever their travels take them.

How To Purchase

Eligible for individuals aged 18 to 75 years old, Oona’s travel insurance can be added upon checkout when selecting a country-specific roaming plan via the Globe One App. Simply go to the prepaid section, select your destination and preferred roaming package and select Oona’s travel insurance for just PHP 199.

With just a few clicks, customers can access up to PHP 1 million in personal accident protection, health emergency coverage of up to PHP 100,000, and travel inconvenience benefits of up to PHP 40,000.

Just as well, patrons eyeing Oona’s travel insurance through the GlobeOne app can expect not only 24/7 travel assistance anytime, anywhere in the world – but also the option to avail their desired coverage option at any point in their trip.

It’s a quick and hassle-free way to get comprehensive coverage seamlessly integrated into your travel experience with Globe and Oona.

Oona together with Globe, continue to banner its commitment to providing Filipinos smart, accessible, and worry-free protection – making every journey secure from the moment you purchase your roaming plan.

For more information, visit https://myoona.ph/all-product/travel-insurance/ for more comprehensive insurance offerings.

Warburg Pincus-backed insurer sees more M&A in SE Asia

Bhatia, who was formerly CEO of FWD Singapore, cited examples of both Indonesia and the Philippines — markets in which Oona has licenses to operate — where regulatory measures are nudging towards consolidation.

In Indonesia, the Financial Services Authority, or Otoritas Jasa Keuangan – OJK, recently implemented a regulation requiring insurers to have a minimum equity of 250 billion Indonesia rupiahs (about $15 million) by the end of 2026 and 1 trillion Indonesian rupiahs (about $62 million) by the end of 2028.

In the Philippines, insurance companies must maintain a minimum net worth of 1.3 billion Philippine pesos ($23 million).

Oona, launched in late 2022 and headquartered in Singapore, focuses on digital general insurance in Southeast Asia.

It is fully owned by Oona Holdings and 100% backed by private equity entity Warburg Pincus. It was seeded with two acquisitions — PT Asuransi Bina Dana Arta in Indonesia and Mapfre Insular Insurance Corp in the Philippines.

Oona Insurance plans to grow via a buy-and-build strategy.

MORE M&A COMING

Other experts agreed that Indonesia’s insurance sector is poised for more M&As.

“In addition to pent up demand and supply from the slow M&A market of the past couple of years, and increasing compliance costs, the primary factor for consolidation will likely be regulatory-driven,” said Allison Lee, partner, corporate and securities, mergers and acquisitions, insurance, at legal firm Mayer Brown.

“The OJK has recently proposed significant increases to the minimum capital requirements, which if implemented, will affect insurance and reinsurance companies, particularly those smaller players with lower revenue streams and inadequate capital reserves,” she told AsianInvestor.

The likeliest targets will be smaller, more local insurers or reinsurers who are lacking robust compliance programs, who may have less profitable revenue streams, and/or inadequate capital reserves, said Lee.

“Another potential target will be the local branch or segment of an international insurer or reinsurer, for whom the geography or business lines no longer align with the group’s overall business objectives, who may be looking to sell.”

These will be interesting to insurers who are looking for opportunistic deals that align with their commercial strategies in a country or the Asia Pacific region.

Oona Insurance’s Bhatia believes that insurers will need to embrace collaboration in markets like Indonesia and the Philippines, two of Southeast Asia’s fastest-growing economies, as they undergo rapid digital transformation.

“The future of insurance hinges on healthy partnerships between tech and traditional players, as well as between the public and private sectors,” he said.

“Technology acts as a great equaliser, playing a vital role in expanding financial inclusion by overcoming once-insurmountable barriers like information gaps, geographical constraints, and high costs,” he added.

REGULATORY CHANGES

There are other regulations that Oona Insurance is keeping an eye on as well.

“In the Philippines, there are discussions about potential revisions to Anti-Money Laundering Council (AMLC) guidelines, which could impact current KYC processes,” said Bhatia, adding that in Indonesia, the OJK plans to also introduce new regulations for insurance products.

“The upcoming regulations are expected to adopt a ‘sandbox approach,’ eliminating the need for pre-approval for certain ‘simple and straightforward’ products. We are eagerly anticipating the detailed requirements for this new approach,” he said.

Like other insurance executives that AsianInvestor has spoken to in the past 12 months, Bhatia believes it is crucial for the industry to proactively address evolving risks.

“Climate change, cyber threats, and natural disasters demand continuous adaptation. Insurers need to invest in risk modelling and develop solutions to tackle these emerging challenges,” he said.

BY: Asian Investor April 3, 2024

Oona Indonesia, Indonesia’s fastest growing general insurer launches digital platform MyOONA.id

Jakarta, 13 March 2024 – Oona Insurance, the leading digital general insurance player in Southeast Asia with a strong presence in Indonesia, launched MyOONA.id, its highly anticipated state-of-the-art digital platform for insurance e-commerce, in Indonesia today. The company also launched Mudik Car Insurance; a unique short term car insurance protection specifically tailored to facilitate Mudik in time for the upcoming Lebaran period for Indonesians.

MyOONA.id offers three categories of easily accessible insurance products: Travel, Flight Delay and Motor Vehicle (car & motorcycle). The digital platform offers key features designed to deliver a delightful end-user experience:

1. Fully Mobile Optimized: Customers can enjoy seamless access to the platform across all devices, including their mobile phones.

2. Fast and Seamless Experience: The online purchase process has been meticulously streamlined, ensuring customers can easily purchase direct-to-consumer products such as motor vehicle, travel and flight delay insurance, as well as submit claims effortlessly.

3. Accessibility and Flexibility: Customers have access to multiple payment options, including flexible payment plans with 0% installment options for 3, 6, and 12 months, catering to diverse financial preferences.

4. Use of Innovative Technologies: Using online AI inspection for improved defect detection in motor vehicle insurance, employing optical character recognition to convert camera images and PDFs into text for simpler KYC processes and Generative AI to enhance website functionality.

During this momentous launch, Abhishek Bhatia, Founder and Group Chief Executive Officer of Oona Insurance expressed, ” This is truly a monumental moment for everyone at Oona. We embarked on a journey to be the most transformational and customer centric insurer in Southeast Asia, and bringing new technology and products to consumers is at the heart of it. With the launch of MyOONA.id, our vision is becoming a reality. Consumers can now buy multiple insurance products online with a few clicks. This platform, along with innovative product offerings like the Mudik Car Insurance, are proof points of our unwavering commitment to delivering unparalleled value to Indonesian market .”

The 2023 Jasa Raharja Report highlighted the urgency of ensuring Indonesians’ safety during Lebaran Mudik, with 726 fatalities and 5,894 traffic accidents reported during 18-28 April 2023. Oona empathizes with the desire of Indonesians to return home to their families safely, which is why Mudik Car Insurance is launched via the #MudikTenangBarengOONA (#WorryFreeMudikWithOONA) campaign. By offering easy purchase on MyOONA.id without the need for car inspection or complex document uploads, Oona aims to provide peace of mind to urban car owners with digital proficiency and frequent travel habits, ensuring their journeys are safe and worry-free.

Vincent C. Soegianto, Chief Executive Officer, Oona Indonesia said, “As we navigate Indonesia’s dynamic insurance landscape, our customers remain at the heart of what we do. The MyOONA.id platform will allow for democratizing access of insurance to Indonesians. We also understand the importance of customizing our products to suit Indonesia’s diverse lifestyles and unique needs. Hence, we’ve launched the Mudik Car Insurance underscoring our deep understanding of the Indonesian market. This product is crafted specifically for Indonesians, enabling them to focus on what truly matters: safely reuniting with their loved ones during Lebaran.”

To ensure affordability and accessibility to all Indonesians, the premium of Mudik Car Insurance is set at an affordable price of IDR 49K for 10-day coverage, available between 12 March to 30 April 2024. The insurance plan provides comprehensive coverage, including Total Loss Only coverage, Personal Accident coverage for both the driver and passengers, Third-Party Liability coverage, as well as 24/7 Roadside Assistance and Claim Center, ensuring a worry-free journey.

Oona Indonesia is anchored on a robust Risk-Based Capital (RBC) of 696.48% and Total Equity exceeding IDR 1.53 trillion as of 31 December 2023 (unaudited). These figures are a testament to Oona’s financial strength and strict adherence to regulatory standards, ensuring our continued reliability and commitment to serve with excellence in Indonesia.

Oona partners with Carmudi for Motor Insurance

The partnership between Oona Insurance Philippines and Carmudi sets a new standard for auto insurance accessibility. Powered by Kahoona, Oona’s digital platform enables real-time policy issuance, paperless onboarding, and instant verification combining digital convenience with on-ground support. This multi-channel model improves transparency, speed, trust, and education for Filipino drivers nationwide.

A New Era of Motor Insurance Accessibility in the Philippines

Oona Insurance Philippines has partnered with Carmudi to modernize the way Filipinos discover, compare, and purchase auto insurance. This collaboration integrates digital convenience, trusted on-ground expertise, and instant issuance technology, ensuring customers receive seamless protection regardless of how or where they begin their insurance journey.

This partnership is built around a simple goal; make auto insurance faster, clearer, and more accessible for every Filipino driver.

Instant Issuance Powered by Kahoona Technology

At the core of this collaboration is Kahoona, Oona’s proprietary digital insurance platform designed to streamline the entire policy lifecycle. Kahoona equips Carmudi with the ability to issue coverage instantly; no paperwork, no long waiting periods, and no manual processing.

What Kahoona Enables

– Real-time policy issuance

– Paperless onboarding and documentation

– Instant quoting and validation

– Secure digital policy storage

Customers receive immediate coverage and complete transparency, whether they choose to engage online, through automotive platforms, or via a field representative.

Driving Insurance Adoption Across the Philippines

Oona’s combined digital-and-on-ground model directly tackles the long-standing barriers that have kept insurance penetration low in the Philippines. By meeting customers where they are, be it online, in automotive platforms, or through field agents, Oona makes auto insurance easier to understand, compare, and secure.

Accessibility

Filipinos can explore and purchase Oona coverage through multiple channels: digital search, automotive marketplaces, in-person agents, or field representatives. This ensures that insurance is available in the exact platform or environment customers prefer to transact in.

Transparency

Customers gain clear, side-by-side visibility of premiums, coverage limits, inclusions, and deductibles, empowering them to choose a policy that aligns with both their needs and budget—without hidden conditions.

Trust

Licensed insurance professionals are available to guide customers through policy features, claims expectations, and coverage suitability. This human support is especially valuable for first-time buyers who may feel unsure about insurance terms or processes.

Speed

Powered by Kahoona, Oona’s real-time digital insurance platform, policies can be issued instantly. Customers receive immediate confirmation and digital documents, giving them rapid proof of coverage when it matters most.

Education

Oona helps drivers understand the benefits of upgrading from basic TPL to broader protection. Through clear explanations and transparent comparisons, customers learn how comprehensive insurance supports smarter financial planning and better long-term security

A Smarter Insurance Experience for Every Filipino Driver

Together, Oona Insurance and Carmudi have created a modern, connected auto insurance ecosystem built on three pillars:

– Digital efficiency through Kahoona

– Human support through trained field specialists

– Instant issuance for real-time coverage

This unified model ensures that Filipino drivers searching for trusted car insurance, affordable comprehensive protection, or simply the best auto insurance options can find Oona easily and secure coverage in minutes.

The future of auto insurance in the Philippines is clear. Simpler, smarter, and more connected, with Oona leading the way in digital innovation and accessible protection.

Oona, UFSI sign agreement to provide non-life insurance solutions to UnionBank Wealth Management clients

Oona Insurance (Oona), the leading general insurer in Southeast Asia, and UnionBank Financial Services and Insurance Brokerage Inc. (UFSI) have agreed to partner and provide non-life insurance solutions to UnionBank Wealth Management clients in a simple ceremony held on January 25, 2024.

The partnership will allow UnionBank’s high net worth clients to access Oona’s digital platforms curated specifically for UFSI clients, enabling both companies to scale up their existing portfolios.

The collaboration, chaired and witnessed by Manoj Varma, UnionBank’s Head for Consumer Banking; Gautam Sharma, UnionBank’s Head for Wealth Sales and Distribution; and Abishek Bhatia, Founder and Group CEO Oona Insurance, is expected to lead to more awareness and appreciation of the importance of non-life insurance and to encourage better financial protection for UFSI clients and their assets.

Furthermore, it complements the expert and proven wealth management services provided by UFSI.

“As a wealth management brokerage company, we are custodians of our clients’ financial dreams. Part of our responsibility is to help them sustainably grow and protect their wealth. Oona offers a wide range of general insurance solutions including Travel, Personal Accident, Property and Motor. This will allow UFSI to not only protect the lives of our clients but also the assets that they have worked so hard to accumulate. Through Oona, we can also help our clients feel safe and protected when they travel for work or leisure,” said Ramon Melchor Tejero, UFSI President and Chief Executive Officer.

For Oona, on the other hand, its latest collaboration with the country’s multi-awarded universal bank further strengthens its reputation as a game changer in the industry.

It is a testament that its digital platforms are working to ensure accessibility, affordability and seamless experiences for its clients.

“We are excited as we embark on a dynamic partnership that means the union of shared goals, commitment to mutual growth, synergizing strengths and innovation. As we provide non-life insurance to UFSI’s wealth segment, we are committed to delivering unparalleled innovative services as well as customer-centric solutions that will elevate the non-life insurance experience of UFSI’s clients,” said Ramon Zandueta, Oona Insurance Philippines President and Chief Executive Officer.

Zandueta also added that high net worth clients have particular needs that have high insurance values leading to bigger premium accounts.

By providing specific solutions, the agreement with UFSI will solidify Oona’s position in the country’s competitive financial landscape.

Aside from a seamless experience, Oona’s collaboration with UFSI also ensures utmost security and protection of the customers’ personal and financial information.

Oona Insurance Announces Strategic Partnership with CamCom to Enhance Auto Insurance Assessments Using AI

Jakarta, 30 January 2024 – Oona Insurance, a leading digital general insurance platform in Southeast Asia with strong presence in Indonesia, announced its strategic partnership with leading Artificial Intelligence (AI) solutions provider CamCom today. This partnership is set to revolutionise the insurance landscape by harnessing AI to streamline car damage assessment through advanced image analysis, thereby resulting in enhanced speed, accuracy and transparency in risk assessments for policy underwriting and claims evaluation while protecting against fraud.

The automated process not only improves customer satisfaction but also serves as a powerful tool in fraud reduction and operational cost optimisation. As a result of this partnership, several key features will be added. This includes:
1. Severity assessment, ensuring a swift and accurate evaluation of impact severity with a risk rating
2. Fraud detection and prevention, incorporating predictive analytics, geo-location tagging, time stamp and image authenticity analysis to effectively identify and prevent fraud.

Traditionally, the insurance customers’ risk inspection journeys can be challenging, leaving customers feeling disconnected and frustrated with lengthy processes. In collaboration with CamCom, Oona has designed a clear and interactive step-by-step guide, available in both Indonesian and English languages, to help Indonesian customers seamlessly obtain online coverage within minutes, in line with local market’s needs .

Sourabh Chatterjee, Group Chief Technology Officer of Oona Insurance, said “We are excited to partner with CamCom and introduce this groundbreaking technology to our customers in Indonesia. This collaboration represents Oona’s transformative leap forward in auto insurance assessments, promising a faster, more accurate, and intuitive experience for our customers.”

Due to increased transparency, customers will now be able to benefit from receiving real-time updates on their claims, enhancing clarity and building customer confidence. The streamlined claims settlement process ensures swift resolution, reducing waiting times and delivering a seamless customer experience. Additionally, Oona proudly announced that CamCom abides by ISO 27001 standards, prioritising data security and privacy to safeguard customer information.

“Our partnership with Oona marks a significant stride in revolutionising the insurance landscape. The integration of advanced features reflects our shared commitment to providing customers with cutting-edge solutions that prioritise accuracy, transparency and security.” said Mahesh Subramanian, Co-Founder & Chief Operating Officer of CamCom.

Oona Insurance Appoints Industry Veteran in Financial Services, Vincent C. Soegianto as CEO for Indonesia

Jakarta, 9 January 2024 – Oona, a leading digital general insurance platform in Southeast Asia with strong presence in Indonesia, today announced the appointment of a financial services industry veteran, Vincent C. Soegianto as Chief Executive Officer (CEO) for its Indonesia operations.

The newly appointed CEO has close to three decades of experience in the financial services industry across multiple geographies- Asia Pacific (Indonesia, Malaysia, Hong Kong) and Middle East (Dubai, UAE) spanning, transaction banking expertise in both treasury management and trade (certified in both) supported by strong digital experience. Most recently he led the Merchant Business for Bank Jago Tbk in Indonesia and played a pivotal role in developing the digital ecosystem, spanning merchant business, end-to-end payment and cash management, as well as its lending business.

Welcoming Vincent into the team, Abhishek Bhatia, President Commissioner of Oona Insurance Indonesia said, “I am delighted to welcome industry veteran Vincent into our leadership team in Indonesia. Under his leadership and with our laser sharp focus to accelerate growth and innovation across Indonesia, I am confident we will continue to create impact and long lasting value for our customers, partners and other stakeholders, to achieve our goal of helping every Indonesian live life boundless.”

Welcoming Vincent to the team, Abhishek Bhatia, President Commissioner of Oona Insurance Indonesia said, “I am delighted to welcome financial services industry veteran Vincent into our leadership team in Indonesia. With his wealth of experience and expertise, we look forward to achieving new milestones in 20234. This year2023 has been exceptional for us in Indonesia, thanks to our dedicated team and business leaders. We are confident that under Vincent’s leadership and with our laser sharp focus to accelerate growth and innovation across Indonesia, we will continue to achieve our goal of helping every Indonesian live life boundless.”

Vincent C. Soegianto, the newly appointed CEO commented, “I am excited to join Oona Indonesia and lead a dynamic team to the next level of growth. In a short time, Oona has disrupted the industry with the recent introduction of its innovative travel insurance product, Oona Flight Delay Insurance1, targeted at Indonesian travelers. I also believe this is a pivotal moment for digitalisation and innovation in Indonesia and I am excited to be part of this journey with Oona.”

Over the years, Vincent has played key roles in the financial services industry across markets be it, serving as the Board Member of International Chamber of Commerce Malaysia Berhad, developing the small and medium enterprise banking proposition in Indonesia, Hong Kong and Malaysia, actively driving the trade finance professional development program in Indonesia and Malaysia with ICC, supporting Bank Indonesia (Central Bank) in the formulation of latest local documentary credit rule and payment infrastructure strategy and several other initiatives. Vincent is currently undergoing a Fit & Proper Fest (FPT) process at OJK and his appointment as the CEO of Oona Indonesia will be approved by the General Meeting of Shareholders of Oona Indonesia upon issuance of OJK approval on his FPT result.

InLife and Oona Insurance enter into agreement for Oona Insurance to fully own Oona Philippines

Manila/Singapore – December 7, 2023 – Insular Life (InLife) and Oona Insurance group (Oona) today jointly announced that they are entering into an agreement, with InLife selling its 40% stake in their non-life insurance joint venture, Oona Insular Insurance Corporation (Oona Philippines), making it Oona’s fully owned subsidiary. Oona Philippines and Insular Life will continue their cooperation arrangements to cross-sell insurance products in the Philippines.

The agreement is expected to further boost Oona Philippines’ status in the general insurance industry, building upon the series of innovations and services that it has brought to the Philippine market since it set up shop in the country last year. InLife, on the other hand, will focus on its core life insurance and healthcare business to sustain the momentum it has achieved in the last couple of years. Latest data show the life insurer jumped to number five at the end of this year’s first half in terms of its New Business Annualized Premium Equivalent. InLife plans to support its scale and innovation efforts in its operations and distribution channels in its bid to move further up the rankings.

“As InLife moves forward to achieve accelerated growth and continue in its journey to provide customer service excellence through digital transformation and innovation, we will continue to support Oona’s plan to strengthen its presence in the Philippines,” said Executive Chairperson Nina D. Aguas.

“We are deeply grateful to InLife for being a remarkable partner during our lift-off stage over the past year, and we look forward to maintaining our cross-selling partnership with InLife going forward. We are very optimistic and believe this move will help us push for higher growth as we position ourselves to be a major player in the Philippines’ non-life insurance market,” said Abhishek Bhatia, Founder and Chief Executive Officer of the Oona Insurance group.

Indonesia-focused Oona Insurance launches Generative AI powered chatbot for its global insurance sales enabled by Yellow.ai technology

Jakarta, 7 December 2023 – Oona, a leading digital general insurance platform in Southeast Asia with a strong presence in Indonesia, today announced its strategic partnership with Yellow.ai, a global leader in conversational AI, to deliver seamless and hassle-free services to its customers by leveraging the latter’s generative and conversational AI-powered solutions. Oona recently unveiled an innovative travel insurance product, Oona Flight Delay Insurance1, targeted at Indonesian travelers.

Oona’s flight delay insurance disrupted the Indonesian market being one of the first of its kind to be sold via WhatsApp and its chatbot, Yoona, on its website.

With Yellow.ai’s generative AI (Gen AI)-powered Dynamic AI, the first of its kind for insurance sales globally, Yoona can assist customers across a wide range of tasks including purchase of Oona’s flight delay insurance and travel insurance. By leveraging Yellow.ai’s proprietary Natural Language Processing (NLP) engine, Yoona is capable of enabling seamless self-service support besides, of course, sales. In the short space of two months since its launch, Yoona has served more than 3,000 users (source: Yellow.ai dashboard, 20 September 2023 – 30 November 2023) and the platform continues to grow in popularity as more and more travelers seek the convenience of self-service assistance.

President Commissioner of Oona Insurance Indonesia, Abhishek Bhatia, said, “This collaboration with Yellow.ai is a testament that Oona prioritizes its customers by making available technological advances accessible to them. By bringing in Yellow.ai’s proven efficiency and next generation technology, Oona has elevated the current process into an easy, straightforward and wonderful experience for our customers,” Bhatia explained.

Rashid Khan, Co-Founder & Chief Product Officer at Yellow.ai said, “On a global scale, our generative AI capabilities are gaining momentum, particularly within the Banking and Financial Services industry (BFSI) sector, with the insurance industry being a prominent advocate. Southeast Asia is no exception, and we are thrilled to collaborate with Oona to revolutionize the Indonesia insurance landscape. Our solutions will empower Oona to provide highly personalized customer experiences and create memorable conversations. Our goal is to ensure a seamless and convenient service experience for all Oona’s customers across their preferred digital platforms, all facilitated by the human-like experience delivered by the Gen-AI-powered Yoona bot.”

Bhatia believes that Yoona will demonstrate how Oona is vastly different from other competitors. “Our product is affordable for all Indonesians, whether it is travel insurance or travel delay , but more importantly, they are now accessible through the Yoona chatbot,” he added.

Yellow.ai’s generative AI-powered Dynamic Automation Platform (DAP) delivers memorable conversational experiences through its dynamic AI agents, which are helping over 1000+ enterprises across 85+ countries achieve higher customer satisfaction and employee engagement. Built on a multi-LLM architecture that is continuously trained on billions of conversations for scalability, speed, and accuracy, it delivers up to 60% reduced operational cost.

Oona has consistently led the charge in pioneering digital innovations. Yoona represents a pivotal element of its strategic investment in creating a cutting-edge technology foundation aimed at revolutionizing the customer experience and becoming the top choice for both partners and customers.

Oona Insurance & MoneyMax: A Digital Partnership for Filipinos

Oona Insurance Philippines partners with MoneyMax to make car and travel insurance more accessible, transparent, and digital. By connecting with high-intent shoppers on a trusted comparison platform, Oona gains stronger customer insights and improves its digital reach. The collaboration simplifies insurance decisions, promotes fair pricing, and helps Filipinos secure protection more easily online.

Oona Insurance Philippines & MoneyMax: A Smart Digital Partnership for a More Insured Philippines

The partnership between Oona Insurance Philippines and MoneyMax, part of the MoneyHero Group, marks a major step in making insurance more accessible, transparent, and digital for Filipino consumers. As customers increasingly search for “best car insurance Philippines,” “compare insurance online,” and “affordable travel insurance PH,” this collaboration positions Oona where modern buyers already make decisions on trusted comparison platforms.

Why This Partnership Works for Oona Insurance

Oona Insurance continues to establish itself as a digital-first, customer-focused insurer in the Philippines offering protection that is fast, simple, and supported by modern technology. Its partnership with MoneyMax, one of the country’s leading financial comparison platforms, reinforces this strategy by improving Oona’s reach, customer insights, and digital visibility.

– Access to high-intent insurance shoppers

MoneyMax users actively compare car and travel insurance quotes, making them some of the most ready-to-buy consumers in the market. Being present on this platform places Oona directly in front of customers who are already assessing price, coverage, and value.

– Stronger data and customer preference insights

Through anonymized, aggregated user behavior data, Oona gains a better understanding of what Filipino consumers look for, whether it’s affordability, specific inclusions, or ease of claims. These insights support more accurate pricing, improved product design, and smoother online user experiences.

– Alignment with evolving digital consumer habits

More Filipinos now purchase financial products through comparison sites, and this trend continues to rise. By integrating with MoneyMax, Oona aligns itself with the way consumers evaluate insurance today: transparent comparisons, quick online access, and clear product information.

How This Partnership Helps Grow Insurance Adoption in the Philippines

Despite increased interest in financial products, insurance penetration in the Philippines remains one of the lowest in Asia. Many Filipinos still face barriers such as limited information, unclear pricing, and outdated buying processes. The Oona-MoneyMax partnership directly addresses these challenges.

1. More Accessible Insurance Options

MoneyMax allows users to compare premiums, benefits, deductibles, and coverage limits in one interface. This simplifies decision-making and helps consumers understand which policy fits their needs and budget without pressure or confusion.

2. Clear, Trustworthy Information for Filipinos

Search trends such as “insurance guide Philippines,” “how to buy car insurance PH,” and “travel insurance tips” show the growing demand for reliable guidance. MoneyMax provides straightforward explainers, while Oona offers clear, easy-to-understand products. Together, they support informed decision-making, a key requirement for user trust.

3. Better Value Through Transparent Comparison

When customers compare Oona with other insurers side by side, the process encourages fair pricing and better benefits. This transparency helps reinforce customer confidence and motivates insurers to continually improve service quality and claims handling.

4. Greater Awareness of Essential Protection

Many Filipinos still view insurance as optional. Featuring Oona’s solutions on a widely trusted comparison platform helps position insurance alongside other financial essentials like loans, credit cards, and savings products. This normalizes insurance as part of responsible financial planning.

A Digital Partnership for a More Protected Philippines

The collaboration combines two complementary strengths. Oona Insurance, known for its tech-driven, customer-first approach to protection andMoneyMax, one of the Philippines’ most trusted platforms for comparing financial products.

Together, they help Filipinos discover, compare, and purchase insurance online from car insurance to travel coverage through faster, more transparent digital journeys.

As more consumers search for terms like “best insurance PH,” “compare car insurance Philippines,” and “trusted insurance company,” partnerships such as Oona and MoneyMax will play a crucial role in improving insurance accessibility and increasing overall financial protection in the country.

This collaboration is more than a business initiative, it supports a more informed, more protected, and more digitally empowered Philippines, where insurance becomes simpler, clearer, and more accessible for every consumer.